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MoneyTalks - > Money Talks -> The economic 'value' of Mom
The economic 'value' of Mom

If stay-at-home Moms were paid for all the incredible work they do — raising children, doing laundry, shuttling kids to sports and activities, offering counseling — they'd make $116,805 annually.

A lot of that pay is driven by overtime, says the study released by Salary.com and reported on by the Associated Press, because Moms, as we know, sure don't work just 40 hours a week.

And for moms who work outside the home too, they'd get $68,405 if they were paid for their work as mothers, the Associated Press reports.

Salary.com has a cool Mom Salary Wizard that let's you plug in number of children by age, ZIP code and hours worked doing various tasks so you can personalize what your Mom is "worth." It ends with a fake paycheck. Sigh.

And what about Dad? Well, there is a calculator for him too.

Or do the right thing and deem your Mom "priceless."

— Christine Peterson

Posted in the Business & Finance interest group.
Topics: Mother's Day, economy, employment, parents
posted by MoneyTalks on Thursday, May 8, 2008 at 03:30 PM
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4 comments from 3 users

1

posted by catpaw on May 9, 2008 at 04:47 PM

Does that 6-digit salary include other services, like...well, you know.....maybe I better not go there. Forget I brought it up.

posted by CatherineBaker on May 9, 2008 at 11:56 AM

Pawnthyself is exactly right.  Working mothers work TWO full-time jobs.  Happy Mother's Day!

posted by PawnThyself on May 8, 2008 at 09:13 PM

For the rest, there's MasterCard and a pad of convenience checks.

The only tougher job than the stay at home mom is the working outside the house mom.  That is, if you're serious about being a mom.

posted by CatherineBaker on May 8, 2008 at 09:07 PM

On-demand short-order cook 14 hours/day, 365 days a year=  $50,000.

Scheduler, personal assistant, finder of lost objects a year=  $35,000.

Live-in maid= $35,000.

Zyban= priceless.

1

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