What About Dads?

The Pay Check

Bloomberg

Society & Culture, Business, Investing

4.4 • 630 Ratings

🗓️ 1 May 2019

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

When we talk about the gender pay gap, we’re talking about a ratio: how much women make compared to men. We’ve spent the last three weeks talking about what happens to women’s earnings when they become moms. This week, we look at the other side of the ratio: Men—or more generally, secondary caregivers. When men become dads, their earnings get a boost, a phenomenon known as the fatherhood bonus. But if they try to do more at home than established gender norms say they should, they too are penalized. Susan Berfield tells the story of Kevin Knussman, a police officer whose career suffered when he tried to take time off to care for his wife and new baby. Then we talk to Alexis Ohanian, aka Mr. Serena Williams, about how we can actually get men to be more involved dads.

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Transcript

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0:00.0	This is an IHeart podcast.
0:04.2	A warming planet, complex geopolitics and fierce competition means business operations are under more scrutiny than ever before.
0:13.0	Returning to Singapore this July, the Bloomberg Sustainable Business Summit is uniting leaders and investors
0:19.0	to explore how sustainability efforts can bolster resilience
0:23.0	and mitigate risk. Learn more at Bloomberg.com slash sbsd-singapore. That's Bloomberg
0:29.6	live.com slash sbs dash Singapore.
0:35.6	All right. Question number one. How do you handle family responsibilities during work?
0:41.8	Cormac, come here. What would I do if you pooped your pants at school?
0:46.6	Well, first of all, I don't poop my pants because I'm a second grader, but if I did,
0:52.4	you would probably tell mom and have her come pick me up.
0:57.0	That's right. I would probably tell my wife to go pick him up.
1:00.0	How involved are you as a father? I try to be as involved as I can.
1:03.0	Candidly, I am as involved as work allows me to be.
1:07.0	Well, the truth of the matter is, during the week, not a whole hell of a lot.
1:13.3	And it's not fair to anyone, really.
1:17.1	What is frustrating about being a working dad pretty much everything?
1:21.3	When we talk about the pay gap, we're talking about a ratio.
1:24.4	How much women make compared to men.
1:31.2	We spend a lot of time talking about one side of that equation, women, but to understand why women take a pay cut when they have kids, we have to look at what happens to men when
1:36.4	they become dads.
1:37.7	What's frustrating about being a working dad?
1:40.0	It's really about, you know, the things in the middle of the day, things at school,
	...

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