PDA

View Full Version : Whats a "stay at home" mom worth?



sooner n houston
5/4/2006, 08:57 AM
NEW YORK (Reuters) - A full-time stay-at-home mother would earn $134,121 a year if paid for all her work, an amount similar to a top U.S. ad executive, a marketing director or a judge, according to a study released Wednesday.

A mother who works outside the home would earn an extra $85,876 annually on top of her actual wages for the work she does at home, according to the study by Waltham, Massachusetts-based compensation experts Salary.com.

To reach the projected pay figures, the survey calculated the earning power of the 10 jobs respondents said most closely comprise a mother's role -- housekeeper, day-care teacher, cook, computer operator, laundry machine operator, janitor, facilities manager, van driver, chief executive and psychologist.

"You can't put a dollar value on it. It's worth a lot more," said Kristen Krauss, 35, as she hurriedly packed her four children, all aged under 8, into a minivan in New York while searching frantically for her keys. "Just look at me."

Employed mothers reported spending on average 44 hours a week at their outside job and 49.8 hours at their home job, while the stay-at-home mother worked 91.6 hours a week, it showed.

An estimated 5.6 million women in the United States are stay-at-home mothers with children under age 15, according to the most recent U.S. Census Bureau data.

NOT 'JUST A MOM'

"It's good to acknowledge the job that's being done, and that it's not that these women are settling for 'just a mom,"' said Bill Coleman, senior vice president of compensation at Salary.com. "They are actually doing an awful lot."

According to the U.S. Bureau of Labor Statistics, some 26 million women with children under age 18 work in the nation's paid labor force.

Both employed and stay-at-home mothers said the lowest-paying job of housekeeper was their most common role, with employed mothers working 7.2 hours a week as housekeeper and stay-at-home mothers working 22.1 hours in that role.

"Every husband I've ever spoken to said, 'I'm keeping my job. You keep yours.' It's a tough one," said Gillian Forrest, 39, a stay-at-home mother of 22-month-old Alex in New York. "I don't know if you could put a dollar amount on it but it would be nice to get something."

To compile its study, Salary.com surveyed about 400 mothers online over the last two months.

Salary.com offers a Web site (http://www.mom.salary.com) where mothers can calculate what they could be paid, based on how many children they have, where they live and other factors. The site will produce a printable document that looks like a paycheck, Coleman said.

"It's obviously not negotiable," he said.

On average, the mother who works outside the house earns a base pay of $62,798 for a 40-hour at-home work week and $23,078 in overtime; a stay-at-home mother earned a base pay of $45,697 and $88,424 in overtime, it said.

In a Salary.com study conducted last year, stay-at-home mothers earned $131,471. The potential earnings of mothers who work outside the home was not calculated in the previous study.

http://news.yahoo.com/s/nm/20060503/ts_nm/life_work_dc;_ylt=Amjeq7sU29Ml8XT8_wKdmQZg.3QA;_yl u=X3oDMTA4b3FrcXQ0BHNlYwMxNjkz

Scott D
5/4/2006, 08:59 AM
stay-at-home moms are going on strike because stay-at-home dads are worth $162,347 in earnings ;)

Taxman71
5/4/2006, 08:59 AM
Paging Helen Reddy, Helen Reddy.......

OhU1
5/4/2006, 09:03 AM
Stay at home moms are valuable. No doubt. $134,000 give me a break.

I think this same logic must be used to calculate the average income of a lot of professions, new grads, ect. In the real world a few new grads will get $60 - $80 K a year and these are the stories you see as if that is the "worth" of a typical new grad in the market place.

Taxman71
5/4/2006, 09:10 AM
This article fails to acknowledge that the fair market value of something is equal to the value someone else is willing to pay for it. Most people think they are worth much more than they are paid....and most are correct.

By this articles' logic, working mothers should be worth around $250k considering they bring home a paycheck AND do all the things listed above, except stay home with the kids. High quality daycare in Oklahoma runs around $500/month.

walkoffsooner
5/4/2006, 09:28 AM
us oklahoma's are always shocked by large cost of living numbers we are fortunate.

sooner n houston
5/4/2006, 09:53 AM
Well, MY stay at home wife(mom to our kids) is worth ever penny! :D

crawfish
5/4/2006, 09:56 AM
Stay-at-home moms are priceless. :)

yermom
5/4/2006, 09:57 AM
housekeeper, day-care teacher, cook, computer operator, laundry machine operator, janitor, facilities manager, van driver, chief executive and psychologist.

like she is the only one in the house doing that stuff...

you might as well figure out how much the husband should be paid for being CEO and sperm donor or something

mdklatt
5/4/2006, 10:01 AM
you might as well figure out how much the husband should be paid for being...sperm donor

You mean I can make money doing that?!

sooner n houston
5/4/2006, 10:02 AM
like she is the only one in the house doing that stuff...

you might as well figure out how much the husband should be paid for being CEO and sperm donor or something


Shhhhh! Yea, I've thought of that too! Anyone done a study on how much we dads are worth? Plummer, gardner, lawn maintenance, handyman, electrican, auto mechanic, toy assembler, gigalo :D, roofer, etc, etc!!!

1stTimeCaller
5/4/2006, 10:04 AM
It said that I should be making $127,000 for my household duties as a working person with no kids.

I'm putting in my resignation today.

SoonerInKCMO
5/4/2006, 10:04 AM
(91.6 hrs/week)/(7 days/week) = 13.1 hrs./day. Bull****.

$134,121/(91.6 hrs/week * 52 weeks) = $28.16/hr. Bull****.

OhU1
5/4/2006, 10:15 AM
It's a wonder they don't calculate in the cost for what "working girls" charge for the bed room duties (based on high dollar Las Vegas call girl prices of course).

Pricetag
5/4/2006, 10:33 AM
It's a wonder they don't calculate in the cost for what "working girls" charge for the bed room duties (based on high dollar Las Vegas call girl prices of course).
They'd still have to multiply it by the amount of hours put in. The figure probably would have been so miniscule that they dropped it from the list, I'm sure.

imjebus
5/4/2006, 10:45 AM
My wife is worth much more than the value they put on her. She is my landscaper, lawn maintenence, pool maintenence. Wow I guess I've got my own messican....lol

Pricetag
5/4/2006, 10:50 AM
This sounds like a sweet job. 134K per year, and if you get fired, you get to keep all the company assets that are of any value, plus a nice pension package.

slickdawg
5/4/2006, 11:26 AM
It's invaluable, IMHO. Unfortunately, we can't swing it.

oumartin
5/4/2006, 12:56 PM
i work a full time job and practically raise my children and do the housework.
I'd say I'm worth half a million easy.

my wife does laundry and works part time so she's worthless