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Forget Balance. Working Women Want Money.

Posted by: Diane Brady on June 25

There’s a common misperception out there that what working women really crave is less time at the office. In fact, a new survey released today suggests that the top priority is getting a raise.

Making more money overtook affordable health care as the “most desired change in their work lives” this year in the sixth annual survey by Working America and AFL-CIO.

Yes, women want more time with their families. They want more affordable health care and child care. But what they really need right now is more cash. If they had the extra time, most of the 12,000-plus respondents say, they would work another job instead of spending it on family, exercise or getting more sleep.

The reason, perhaps, is the toxic combination of rising prices and rising debt. Six in 10 respondents have at least some credit card debt, and many won’t be able to pay off their credit cards in the near future. A quarter say they will be able to pay off their balance within the next year but 18% say it may take them more than two years.

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Reader Comments

Dan,

June 25, 2008 03:04 PM

Try working a little harder, stop leaving early to pick up little johnny and maybe you'd get a raise.

Diane

June 25, 2008 04:37 PM

We touched a nerve with you, Dan! Actually, workplace research finds that women are as productive as their male counterparts in the same position, even though they often earn less. The impression that women leave early to pick up little johnny (like the notion that professional women are "opting out" of the workforce to be with kids) is a myth.

EH

June 25, 2008 08:28 PM

Hey Dan. After picking up "little Johnny?," those parents are probably logging on to do work for your sorry ass while Johnny plays? Don't worry puppetmaster, the marionettes will still dance for you. Why don't you just fire all the parents on your staff?

Rob in Madrid

June 26, 2008 12:07 PM

My Wife generally works less hours - never on weekends and rarely brings home her computer yet she earns as much or more than her male colleagues. She's also considered a rising star at her company. The key is to work smarter and not harder. There has on occasion when she's burned the midnight oil. Also she's moved from consulting to the line organization which generally means shorter hours.

The real heroes are working Mums, we're childless, even with me working part time I don't think I handle having young children and partime much less full time work.

It never ceases to amaze me that Americans always equate long hours with hard work. First in last out, doesn't matter how much you do only that you put in longer hours than anyone else.

Stupid!

Dody

July 8, 2008 10:11 PM

Boy, Dan, you are off base!

I worked pretty steadily from 1959 to 2007. Took off from spring of 1974 to spring of 1980 to have 3 children.

Lucky for me, I had worked 2 jobs most of the time from 1959 to 1974, so now my SS check is not quite as lame as most women's, but I still can't live on it!

NOW, ASK YOURSELF THIS: It is 2008, and still, most women will choose to live on 1/2 of ex-hubby's or dead hubby's SS benefit, rather than their own, because half of his is bigger than all of theirs!

I was married from 1970 to 1981, and every time my ex did work, he earned at least twice what I was earning. My jobs were always more prestigious than his, and the companies I worked for were more prestigious than his employers. Today, he's living on 1/2 of his dead 3rd wife's SS benefit because, while he always had a paycheck twice the size of mine, he didnt work very often! Get a clue Dan! AND, bottom line, if women really got paid equal pay, you guys would have a better life! Women want to marry; want to have a family; want to contribute to a terrific home and lifestyle! Quitchrbitchin!

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About

In this blog, BusinessWeek’s Lauren Young, Cathy Arnst, Diane Brady, Karyn McCormack, Anne Newman, Mauro Vaisman, Lourdes L. Valeriano, and Joy Katz, Mark Hyman, along with freelance writer Savita Iyer-Ahrestani, lead a broad discussion of the issues and day-to-day concerns of working parents, offering up interviews with work/life experts, examinations of relevant research, and their personal accounts of bouncing between separate, sometimes conflicting worlds.

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