5.7 Mastering the Balancing Act

3 MIN READ
Women carry the main responsibility for unpaid work, including caring for children and/or elderly parents, housework and volunteering.1 On average, women spend three hours more on housework per day compared to men.2 If we factor in time spent caring for children and other family members, women spend an average of 50 hours per week doing unpaid work, compared to only 14 hours for men.3
However, it’s not all bad news. The division of unpaid labour has improved with increasing numbers of men taking part in childcare and housework. Many men now recognize the importance of being involved with their families and want to spend more time with them.4 Unfortunately, society still frowns upon men taking part in roles traditionally occupied by women, such as a man taking parental leave, a stay-at-home dad or a man taking care of an elderly relative. If it were a woman, would anyone even question it?
Being Present
Typically, women more than men experience workplace absences and interruptions, which can be short-term or long-term, such as caring for sick family members, home repair services, children’s appointments and maternity leave.5

Balancing Commitments
Does entrepreneurship have a negative impact on women’s work/life balance? It is surprising to find out that studies tend to show the opposite.
One of the main reasons women are attracted to entrepreneurship, are the opportunities in terms of flexible schedules and work/life balance.7 Women entrepreneurs experience fewer work/life balance-related conflicts than women working in the traditional labour market.
Here are some findings that explain why women entrepreneurs typically enjoy a better work/life balance:8
- They have more flexibility when deciding how much time to spend on their professional and personal lives.
- They feel less stressed by their work.
- They earn more money, which relieves financial pressure for the entire household.
- They feel more fulfilled when pursuing a project or a passion.
Pandemic's Impact
The COVID-19 pandemic has created unprecedented changes that have impacted life at home, such as school and daycare closures, working from home and restrictions on social and family interactions. Given that women typically have more household responsibilities than men, imagine the impact of this new normal on women entrepreneurs.
According to findings from studies conducted in the initial months of the pandemic, 53% of women entrepreneurs believe that the pandemic poses a significant challenge to their work/life balance; the corresponding figure is only 12% for men.9 Women entrepreneurs also worry about the pandemic’s potential impact on their mental health, as well as that of their family members.10
In addition to the impact on home life, now more than ever, women entrepreneurs are also facing more challenges at work. For more information on the pandemic’s impact on women entrepreneurs, please refer to Tool 9.1.
Download & Print Tool
References
1Julie Cafley, Katie Davey, Tania Saba, Simon Blanchette et al. (September 2020). Economic Equality in a Changing World: Removing Barriers to Employment for Women, Toronto, Diversity Institute, Toronto Metropolitan University, https://ppforum.ca/wp-content/uploads/2020/09/RemovingBarriersToEmploymentForWomen-PPF-Sept2020-EN.pdf, p. 7.
2McKinsey & Company (June 2019). Women Matter, The present and future of women at work in Canada, https://www.mckinsey.com/~/media/mckinsey/featured%20insights/gender%20equality/the%20present%20and%20future%20of%20women%20at%20work%20in%20canada/the-present-and-future-of-women-at-work-in-canada-vf.ashx, p. 14.; Melissa Moyser (March 2017). Women and Paid Work, Statistics Canada, https://www150.statcan.gc.ca/n1/pub/89-503-x/2015001/article/14694-eng.htm (page consulted November 2nd 2020).
3Anne Milan, Leslie-Anne Keown and Covadonga Robles Urquijo (December 2011). Families, Living Arrangements and Unpaid Work, Statistics Canada, https://www150.statcan.gc.ca/n1/en/pub/89-503-x/2010001/article/11546-eng.pdf?st=jUujpd3s (page consulted November 23rd 2020).; Women Entrepreneurship Knowledge Hub (2020). The State of Women’s Entrepreneurship in Canada 2020, Toronto, Diversity Institute, Toronto Metropolitan University, p. 24.
4BMO for Women (August 2018). They Are All Entrepreneurs But They Are Not All The Same, https://bmoforwomen.com/business-ownership/starting/they-are-all-entrepreneurs-but-they-are-not-all-the-same/ (page consulted September 30th 2020).
5Gender Equality Network Canada (January 2018). Women’s Equality in Canada, An Environmental Scan, https://www.canadianwomen.org/wp-content/uploads/2018/04/GENC-Environmental-Scan-Report-Final-EN.pdf, p. 34.
6Souha R. Ezzedeen and Jelena Zikic, "Entrepreneurial experiences of women in Canadian high technology", International Journal of Gender and Entrepreneurship, vol. 4, n° 1 (2012), p. 44-64.; Women Entrepreneurship Knowledge Hub (2020). The State of Women’s Entrepreneurship in Canada 2020, Toronto, Diversity Institute, Toronto Metropolitan University, p. 43.
7Guiseppina Maria Cardella, Brizeida Raquel Hernandez-Sanchez and José Carlos Sanchez-Garcia (July 2020). “Women Entrepreneurship: A Systematic Review to Outline the Boundaries of Scientific Literature”, Frontiers in Psychology, https://www.frontiersin.org/articles/10.3389/fpsyg.2020.01557/full (page consulted September 25th 2020).
8Guiseppina Maria Cardella, Brizeida Raquel Hernandez-Sanchez and José Carlos Sanchez-Garcia (July 2020). “Women Entrepreneurship: A Systematic Review to Outline the Boundaries of Scientific Literature”, Frontiers in Psychology, https://www.frontiersin.org/articles/10.3389/fpsyg.2020.01557/full (page consulted September 25th 2020).
9Canadian Women’s Chamber of Commerce (May 2020). Failing Through The Cracks: Immediate Needs of Canada’s Underrepresented Founders, https://canwcc.ca/wp-content/uploads/2020/05/Falling-through-the-Cracks_CanWCC_May2020.pdf (page consulted November 19th 2020).; Women Entrepreneurship Knowledge Hub (2020). The State of Women’s Entrepreneurship in Canada 2020, Toronto, Diversity Institute, Toronto Metropolitan University, p. 55.
10Heather Gillis, "Working from home while trying to parent? Feel like you’re failing at both? You’re not alone", CBC News, June 2nd 2020, https://www.cbc.ca/news/canada/newfoundland-labrador/parenting-and-working-from-home-1.5595495 (page consulted October 14th 2020).; Women Entrepreneurship Knowledge Hub (2020). The State of Women’s Entrepreneurship in Canada 2020, Toronto, Diversity Institute, Toronto Metropolitan University, p. 55.
2McKinsey & Company (June 2019). Women Matter, The present and future of women at work in Canada, https://www.mckinsey.com/~/media/mckinsey/featured%20insights/gender%20equality/the%20present%20and%20future%20of%20women%20at%20work%20in%20canada/the-present-and-future-of-women-at-work-in-canada-vf.ashx, p. 14.; Melissa Moyser (March 2017). Women and Paid Work, Statistics Canada, https://www150.statcan.gc.ca/n1/pub/89-503-x/2015001/article/14694-eng.htm (page consulted November 2nd 2020).
3Anne Milan, Leslie-Anne Keown and Covadonga Robles Urquijo (December 2011). Families, Living Arrangements and Unpaid Work, Statistics Canada, https://www150.statcan.gc.ca/n1/en/pub/89-503-x/2010001/article/11546-eng.pdf?st=jUujpd3s (page consulted November 23rd 2020).; Women Entrepreneurship Knowledge Hub (2020). The State of Women’s Entrepreneurship in Canada 2020, Toronto, Diversity Institute, Toronto Metropolitan University, p. 24.
4BMO for Women (August 2018). They Are All Entrepreneurs But They Are Not All The Same, https://bmoforwomen.com/business-ownership/starting/they-are-all-entrepreneurs-but-they-are-not-all-the-same/ (page consulted September 30th 2020).
5Gender Equality Network Canada (January 2018). Women’s Equality in Canada, An Environmental Scan, https://www.canadianwomen.org/wp-content/uploads/2018/04/GENC-Environmental-Scan-Report-Final-EN.pdf, p. 34.
6Souha R. Ezzedeen and Jelena Zikic, "Entrepreneurial experiences of women in Canadian high technology", International Journal of Gender and Entrepreneurship, vol. 4, n° 1 (2012), p. 44-64.; Women Entrepreneurship Knowledge Hub (2020). The State of Women’s Entrepreneurship in Canada 2020, Toronto, Diversity Institute, Toronto Metropolitan University, p. 43.
7Guiseppina Maria Cardella, Brizeida Raquel Hernandez-Sanchez and José Carlos Sanchez-Garcia (July 2020). “Women Entrepreneurship: A Systematic Review to Outline the Boundaries of Scientific Literature”, Frontiers in Psychology, https://www.frontiersin.org/articles/10.3389/fpsyg.2020.01557/full (page consulted September 25th 2020).
8Guiseppina Maria Cardella, Brizeida Raquel Hernandez-Sanchez and José Carlos Sanchez-Garcia (July 2020). “Women Entrepreneurship: A Systematic Review to Outline the Boundaries of Scientific Literature”, Frontiers in Psychology, https://www.frontiersin.org/articles/10.3389/fpsyg.2020.01557/full (page consulted September 25th 2020).
9Canadian Women’s Chamber of Commerce (May 2020). Failing Through The Cracks: Immediate Needs of Canada’s Underrepresented Founders, https://canwcc.ca/wp-content/uploads/2020/05/Falling-through-the-Cracks_CanWCC_May2020.pdf (page consulted November 19th 2020).; Women Entrepreneurship Knowledge Hub (2020). The State of Women’s Entrepreneurship in Canada 2020, Toronto, Diversity Institute, Toronto Metropolitan University, p. 55.
10Heather Gillis, "Working from home while trying to parent? Feel like you’re failing at both? You’re not alone", CBC News, June 2nd 2020, https://www.cbc.ca/news/canada/newfoundland-labrador/parenting-and-working-from-home-1.5595495 (page consulted October 14th 2020).; Women Entrepreneurship Knowledge Hub (2020). The State of Women’s Entrepreneurship in Canada 2020, Toronto, Diversity Institute, Toronto Metropolitan University, p. 55.
Disclaimer
All documents prepared for the LEADING LENDERS project were developed in line with the most appropriate and recent terminology. However, we recognize that terminology is subject to change over time. To the best of our ability, we have attempted to use terminology that respects the dignity and rights of all individuals.
All documents prepared for the LEADING LENDERS project were developed in line with the most appropriate and recent terminology. However, we recognize that terminology is subject to change over time. To the best of our ability, we have attempted to use terminology that respects the dignity and rights of all individuals.
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