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Home Business and Economics Business

“Dramatic rise” in low paid men working part time

New figures have revealed a dramatic rise in low paid men working part time. The Institute of Fiscal Studies report found  one in five men aged 25 to 55 worked part-time with low hourly wages today, compared to just one in 20 of this group 20 years ago. CV-Library figures revealed similarly unsettling data. It found that the […]

Jack Peat by Jack Peat
2017-01-16 11:28
in Business, News
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New figures have revealed a dramatic rise in low paid men working part time.

The Institute of Fiscal Studies report found  one in five men aged 25 to 55 worked part-time with low hourly wages today, compared to just one in 20 of this group 20 years ago.

CV-Library figures revealed similarly unsettling data. It found that the amount of men looking for part-time work which pays up to £25,000 a year increased by 294.6 per cent between 2010 to 2016, and in the last year alone, 82.3 per cent of men looking for part-time work were searching for jobs that paid up to £25,000.

Half of male candidates looking for part-time work in 2016 expected to be paid up to £15,000, while 31.5 per cent expected to be paid between £15,000 and £25,000.

Lee Biggins, founder and managing director of CV-Library, said: “Society is continuing to change, especially with the introduction of shared parental leave a few years back, which could explain why more men are looking for lower-paid, part-time positions, in order to maintain an income, while supporting with childcare.

“Furthermore, it is no longer uncommon for employees to have over ten different jobs in their working life, which is why we are seeing the ‘gig economy’ trend increase across the UK, as candidates look to bulk up their career portfolio with a multitude of part-time positions.

“That said it’s clear that some industries do need to improve pay and facilitate exciting career opportunities that will support not only the nation’s workers, but also the wider economy.”

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