Gender pay gap starts early with 20% disparity in pocket money – study

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Girls aged five to 16 receive £2.20 less per week than boys and are allowed less financial independence, report shows  Young boys are more likely to be given financial autonomy at an earlier age than girls. According to the latest statistics, the current overall gender pay gap for full-time workers is 13.9%.  The University Women of Europe has filed a collective Complaint about the fact the women are paid less for the same work. Collective Complaint Equal Pay for Equal work

The gender pay gap by which women earn significantly less than men during their careers begins early in childhood with boys receiving 20% more pocket money than girls, according to a report. Not only do girls receive less money, they are allowed less financial independence; they are less likely to receive regular payments than boys, and are more dependent on others to buy items for them and manage their money on their behalf.

Whereas boys aged five to 16 receive an average of £10.70 per week from either pocket money, payment for chores or paid work, girls of the same age receive just £8.50, and the gap widens as the children get older, the findings suggest. According to the report by market research agency Childwise, between the ages of 11 and16 the gap grows to 30%, with boys receiving an average weekly income of £17.80 and girls of the same age lagging behind with £12.50.

Boys get more financial autonomy
The report, which is conducted annually and is based on online surveys with 2,000 schoolchildren, reveals not only the inequality between boys and girls in terms of hard cash, it also indicates the different messages parents give their sons and daughters about money and financial management.“The data points towards an early gender imbalance in the way parents educate their children about money matters and financial independence,” said Childwise’s research manager, Jenny Ehren. “Boys are more likely to be entrusted with regular cash payments, while girls are more reliant on other people buying them items, or managing money on their behalf.

Girls’ pocket money is more likely to be supplemented by parents buying expensive items such as clothes and footwear, as well as much cheaper purchases including toiletries and makeup. “The value of these purchases almost certainly helps to bridge the income gap between boys and girls,” said Ehren, “but the approach to managing finances is noticeably different.

 

 

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