More women are prioritising their education, careers and partner compatibility before taking the plunge into motherhood, says photographer Khushboo Soni who specialises in pregnancy photo shoots. Courtesy Mother of Reinvention Photography
More women are prioritising their education, careers and partner compatibility before taking the plunge into motherhood, says photographer Khushboo Soni who specialises in pregnancy photo shoots. Courtesy Mother of Reinvention Photography
More women are prioritising their education, careers and partner compatibility before taking the plunge into motherhood, says photographer Khushboo Soni who specialises in pregnancy photo shoots. Courtesy Mother of Reinvention Photography
More women are prioritising their education, careers and partner compatibility before taking the plunge into motherhood, says photographer Khushboo Soni who specialises in pregnancy photo shoots. Cour


Why aren't many women having children? Blame society


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October 21, 2021

A top University of Cambridge official recently caused a stir by announcing plans to organise seminars on fertility with the purpose of "empowering" female students. Dorothy Byrne, who heads the Murray Edwards College, said young women were being taught to do everything in life – get a degree, succeed in their careers and be beautiful – except having babies.

Predictably, Ms Byrne received harsh criticism for her remarks, with one comment reading: "The 19th century called – and they want their curriculum back."

It does seem an odd hill upon which to stake progress for women, especially given Ms Byrne's own successful career in television and journalism. Moreover, the Murray Edwards College was founded in 1954 precisely to increase the proportion of women at the university, which began admitting female undergraduates about 150 years earlier.

The controversy reminded me of the pressure I faced to get married before I became "too old", even though I was only in my 20s then. My parents were asked why they let me go to university at all. Wasn’t I going to just get married and have children, they rhetorically said. The objective for all women, according to some of these people, is ultimately child bearing. Once married, women like me are asked when we are going to have our first child. At the next stage, the demand is to bear another child, because the first child needs a sibling. Common, too, is the call to have sons, if one has had "only" daughters.

Undated photo of Dorothy Byrne, president of Murray Edwards College. University of Cambridge
Undated photo of Dorothy Byrne, president of Murray Edwards College. University of Cambridge

While the blowback against Ms Byrne's remarks is understandable, she has raised an important issue: which is that women should be able to raise a family while having a successful career – if that is what they want – and that society must do its bit to help.

Often, women delay having children or not have any, not because they don't want to become mothers, but due to their personal and financial circumstances. And yet, women are usually blamed for not having children. And when women do end up bearing them, they are told not to complain about the challenges they face in balancing life and work, because, after all, it was their choice to do so.

It can be hard for those who can't afford child care. Sometimes, women have to work, even if they want to spend time with their children, to support their families. Yet, they are castigated as bad mothers. The reverse is true, too: being labelled lazy if they don't have a job. It is, often, also difficult to choose when to have children. If women get pregnant early in their lives, they struggle to find work later. If, on the other hand, they choose employment and financial security over marriage and child bearing, dropping fertility rate becomes a problem and one more reason to be criticised for their so-called misplaced priorities.

Rather than shining the spotlight only on women over the issue of child bearing, it makes more sense for society to reflect on the conditions it has created that push women into these difficult situations, for which women then get the blame.

Are men stable enough, on the various metrics, to support their families? How can workplaces ensure that men step into paternity roles with minimum fuss and without losing pay? These are pertinent questions.

Maternity benefits are undoubtedly important, too, as they have historically paved the way for more women to enter the workforce. Inadequate paternity support, pay stagnation for mothers, and the lack of suitable child care or flexible policies are all factors that adversely affect women's incomes when they have children. This is unfair, as is the still prevailing attitude that women should prioritise having a family over pursuing personal ambitions. The result is that this makes women disproportionately poorer.

When people claim women want to 'have it all', they are saying society expects women to do it all

Gender balance in this regard is key, for, just as women have the right to seek personal fulfilment in the public space, the notion that men might find fulfilment in looking after their children should be entertained by society.

Changing circumstances and attitudes on the part of women and men to not bear children are having an impact on the fertility rate across the globe.

At the end of the first quarter in 2021, it stood at 1.53 in the UK – the lowest in 80 years. In the UAE, meanwhile, the rate has declined year-on-year from 4.45 in 1990 to 2.4 in 2000 and 1.82 in 2010. In 2019, it dropped to 1.39. According to the UN Population Division, the replacement fertility rate to keep population stable is 2.1. These figures are inversely proportional to the average maternal age. Thirty years ago in the UK, it was 27.7. By 2019, it had risen to 30.7.

Whether one agrees with Ms Byrne or not, an important issue has been raised. Because, when people criticise women by claiming that they want to "have it all" – including a career and a family – what they are really saying is that society expects women to do it all. But when, inevitably, women need input and support, the blame gets laid at their door. It is time to put an end to this blame game and find constructive ways for society to help.

A conversation in this regard may well have begun.

How the UAE gratuity payment is calculated now

Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.

The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.

1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):

a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33

b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.

2. For those who have worked more than five years

c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.

Note: The maximum figure cannot exceed two years total salary figure.

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

Ordinary Virtues: Moral Order in a Divided World by Michael Ignatieff
Harvard University Press

Points tally

1. Australia 52; 2. New Zealand 44; 3. South Africa 36; 4. Sri Lanka 35; 5. UAE 27; 6. India 27; 7. England 26; 8. Singapore 8; 9. Malaysia 3

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UAE currency: the story behind the money in your pockets
Indoor Cricket World Cup Dubai 2017

Venue Insportz, Dubai; Admission Free

Fixtures - Open Men 2pm: India v New Zealand, Malaysia v UAE, Singapore v South Africa, Sri Lanka v England; 8pm: Australia v Singapore, India v Sri Lanka, England v Malaysia, New Zealand v South Africa

Fixtures - Open Women Noon: New Zealand v England, UAE v Australia; 6pm: England v South Africa, New Zealand v Australia

Updated: October 21, 2021, 11:54 AM