The Complete Guide to Getting a Raise at Work
4 hours ago
Thanks for the great article, Karen. As a female entrepreneur who just had a baby, I can definitely relate to the issues around maternity leave and making sure the business continues to run well. For me, there were a few ways to address this. One key helper (which can also be a complication) is that I'm married to my co-founder. Because of this my husband has a great understanding of the demands on my time and we can often cover for each other when needed.
One strategy I took to make maternity leave easier was to split up my maternity leave. My son was born on Dec. 13, 2011 (two weeks early!) and I was able to take 10 weeks off through late February.
Unfortunately, there was a critical conference at the end of February that I had to attend, and that governed when I went back to work. Dividing my maternity leave has made it so that I could take a reasonable amount of time off without being gone for extended periods of time.The next thing I did was make sure the company was up and running before having a child. This is not an option for everyone, but my husband and I knew we wanted children, but we decided to delay having children until we had given two years to the company.
Finally, I have been working part-time since the baby was born. My husband likes to joke that my going part-time was the only way he could get me to limit my work to 40 hours per week, but that has definitely made my life better.
As they struggle to save for retirement, a growing number of middle-class Americans plan to postpone their golden years until they are in their 80's. Nearly one-third, or 30%, now plan to work until they are 80 or older -- up from 25% a year ago, according to a Wells Fargo survey of 1,000 adults with income less than $100,000.It's sad and a sign of desperation. Yes, we're living longer and we're healthier than previous generations. But realistically, not many of us will have the physical stamina or cognitive skills to continue as octogenarians.
About 34% of middle-class Americans expect their retirement income to be 50% or less of their current annual income. Given Census Bureau data showing a median household income of $50,054 in 2011, this would mean living on roughly $25,000 or less per year -- which is near the poverty line for a family of four, the report found.