Gender pay gap in children’s pocket money conspicuous as boys receive 12% more than girls

A gender pay gap has emerged rather brashly conspicuous in the amount of pocket money UK parents give to their sons and daughters, according to a new survey.

Boys received almost 12 per cent more weekly pocket money compared to girls, according to the Halifax’s annual pocket money survey of more than 1,200 children and 575 parents. The gender gap grew from only 2 per cent the year before.

In 2016, boys between eight and fifteen received an average of £6.93 per week, compared to girls who got an average of £6.16.

Halifax did not ask about the gender pay gap as part of the research and the growing difference between girls and boys came as a surprise, a spokesperson told UK media.

Lindsay Cook, co-founder of consumer website Money Fight Club told the Financial Times that just like in the workplace, some girls might be too shy to ask for more.

“Just like in the modern workplace, I suspect there is an element of ‘if you don’t ask, you don’t get’. Really, girls should get in some practice before they enter the world of work. In my experience, large proportions of employees never ask for a raise, but wait until they are given one.”’ Cook said.

On average, eight-year-olds receive £5.06 with 15-year-olds receiving £7.85 – the highest level recorded since the onset of the financial crisis in 2007.

Giles Martin, head of Halifax Savings said it is “reassuring” to see that the average pocket money amount has reached a nine year high.

“Some parents are clearly not feeling the pinch in the same way as they have done in recent years, when weekly pocket money dipped as low as £5.89”, Martin said.

“It’s likely it’ll be a few more years until we reach the dizzy heights of £8.37 in 2005 though, when we saw the highest average pocket money since our records began ,” she added.

Despite the pocket money pay rise, 42 per cent of children still believe they should receive more cash than they do, up 1 per cent from last year.

Children living in London receive the highest amount of pocket money with youngsters in East Anglia getting the least.


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By Sydney Chesterfield on June 3, 2016 · Posted in Reports, Trends

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