Finding a suitable work/family life balance is a challenge that all parents face. Many parents and children in OECD countries are happy with their existing work and care outcomes, while many others feel seriously constrained in one way or another. Some people would like to have (more) children, but do not see how they could match that commitment with their employment situation. Other parents are happy with the number of children in their family, but would like to work more. Yet other parents who are happy with their family situation, may wish to work at different hours, or reduce hours worked to spend more time with their children, but do not because they cannot afford to take a pay cut, or because they do not want to put their career prospects at risk. If parents cannot achieve their desired work/family life balance, not only is their welfare lower but economic development is also curtailed through reduced labour supply by parents. A reduction of birth rates has obvious implications f ...
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Finding a suitable work/family life balance is a challenge that all parents face. Many parents and children in OECD countries are happy with their existing work and care outcomes, while many others feel seriously constrained in one way or another. Some people would like to have (more) children, but do not see how they could match that commitment with their employment situation. Other parents are happy with the number of children in their family, but would like to work more. Yet other parents who are happy with their family situation, may wish to work at different hours, or reduce hours worked to spend more time with their children, but do not because they cannot afford to take a pay cut, or because they do not want to put their career prospects at risk. If parents cannot achieve their desired work/family life balance, not only is their welfare lower but economic development is also curtailed through reduced labour supply by parents. A reduction of birth rates has obvious implications for future labour supply as well as for the financial sustainability of social protection systems. As parenting is also crucial to child development, and thus the shape of future societies, policy makers have many reasons to want to help parents find a better work/family balance.
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