The study, called 'A Bit Rich', calls for a new way of looking at the value of work, beyond how much people earn to how much their jobs contribute to society.
The report says, 'It is time to apply a different way of thinking to the value generated by different types of work. We should be looking beyond the narrow definition of economic productivity to calculate the broader social and environmental value of the work we do.'
By examining the potential of making universal childcare available with funded parental leave, the research calculates a net return of £612bn over 20 years, equivalent to an annual net benefit of £30bn.
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