Saturday, May 5, 2007

The Price Of A Mom: $138,095

As Mother's Day weekend approaches; I would like to say "Way to go Moms! Looks like we got a raise since last year! " It's a raise that is well deserved, that's for sure! Joel and I were discussing this today over our morning coffee. It's too bad Moms can't actually collect their pay-- unfortunately; as inflation would run rampid & the salary ranges of other people's professions would go way down. Sigh!

However, on the other hand, there are so many other benefits to being a Mom. It's the satisfaction that comes from nurturing our childen and the seeds that we sow into their lives, only watch them find their wings as we give them their roots. But, you know-- Motherhood is priceless anyway, cause the word "Mother" is more than a noun... its a verb in my book! Wink! :)

Wishing all the ladies a Happy Mothers day! Give yourselves a well deserved pat on the back & I hope you take time out to nurture yourself today & everyday!

The Price of a Mom: $138,095

A new report assigns a salary to a stay-at-home mother, based on the jobs she does in a normal week.
By MSN Money staff

What's a Mom worth?

According to one new report, $138,095 a year.

That's the figure in a report by Salary.com, which calculates the wages that would have been paid a stay-at-home mom in 2007 if she were compensated for all the elements of her "job." That total is up 3% from 2006's salary of $134,121.
Moms who have jobs outside the house would earn another $85,939 for their mothering work, beyond what they bring home in existing salary

The job descriptions that Salary.com used to determine a mom's salary includes 10 jobs that moms do on an average day: housekeeper, day care center teacher, cook, computer operator, laundry machine operator, janitor, facilities manager, van driver, CEO and psychologist.
Plenty of overtime

In calculating a mom's wages, Salary.com looked at the "overtime" that both working and stay-at-home moms put in each week.
"Mom works multiple jobs and rarely gets a break from the action, working an average of 52 hours of overtime," said Bill Coleman, senior vice president at Salary.com, in a statement.According to the Salary.com survey, stay-at-home moms work a 92-hour week, with more than half the workweek spent in overtime.
Working moms, meanwhile, logged more than nine hours of "overtime," with an average 49-hour "mom" work week -- on top of their full-time paying jobs.

For the Salary.com survey, more than 40,000 moms quantified their hours per job description; Salary.com benchmarked the median salaries for each job to the national median salary for each position as reported by employers.
The final salary was calculated by weighting the salaries and hours worked in each role.




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