Stay-at-Home Dad's Salary $128,755 - Nearly $10,000 Less Than Stay-at-Home Mom's
June 13 2007 - 10:38AM
Business Wire
Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand
compensation management solutions, announced today the results of
its 2007 Dad Salary Survey. Based on a survey of more than 6,500
fathers, Salary.com determined the time dads spend performing 10
typical job functions would equate to an annual salary of $128,755
for a stay-at-home dad. This is a 2.7 percent increase over last
year�s figure of $125,340, but $9,340 less than the equivalent
salary for stay-at-home moms. Working dad�s �at-home� work was
valued at $72,082 in 2007, up from $71,160 last year; this is in
addition to the salary they earn in the workplace. �We calculated
the multiple jobs that make up the role of dad to highlight their
contribution in the home and to compare the amount and value of
their work to mom,� said Meredith Hanrahan, chief marketing officer
at Salary.com. �The findings do indicate that while dad�s worth is
substantial, he is still playing catch-up to mom.� Stay-at-home
dads still remain relatively elusive. The U.S. Census Bureau
estimates there are 159,000 dads that made the choice to stay at
home in 2006, compared to 143,000 in 2005. Meanwhile, the U.S.
Census Bureau estimates there were 5.6 million stay-at-home moms in
2006. To determine the salary equivalents for dads, Salary.com
consulted both stay-at-home and working dads and used the survey
results to rank the top 10 jobs that comprise a dad's job
description. Next, all 10 titles were assigned a dollar value based
on the number of hours the respondents spend on each job, and the
annual salary figure was computed. When asked to define their
at-home work, stay-at-home dads report Day Care Center Teacher and
Computer Operator in the top spots. This year, Computer Operator
surpassed General Maintenance Worker as the number two most
time-consuming job. The rest of the top 10 ranking (in order of
hours spent per week) are as follows: Cook, Van Driver, Facilities
Manager, Psychologist, CEO, Groundskeeper and Laundry Machine
Operator. Working dads most identify with the following job titles
(in order of hours spent per week): Computer Operator, General
Maintenance Worker, CEO, Facilities Manager, Day Care Center
Teacher, Van Driver, Psychologist, Cook, Groundskeeper and Laundry
Machine Operator. Despite dad�s long hours at home, the research
indicates that mothers still typically assume a disproportionate
share of the workload at home, even if they�re working outside the
home. The average stay-at-home dad reported working 80.2 hours per
week in his role while stay-at-home moms reported an average of
91.8 hours per week. Similarly, working dads reported 38.7 hours of
�at-home� work and no overtime compared to 49.0 hours for working
moms � nine of which were overtime. The nearly $10,000 difference
between mom and dad �at-home� salaries is due to the fact that
mom�s longer hours awards her more overtime pay. Other interesting
findings from the Salary.com Dad's Salary analysis include: The
typical working dad earned no overtime in his 38.7 hour dad's
workweek, while working moms earned, on average, 25 percent of
their "mom salary" in overtime. Although their hours differed, both
parents had eight jobs in common: Day Care Center Teacher, Laundry
Machine Operator, Computer Operator, CEO, Facilities Manager,
Psychologist, Van Driver and Cook. For more salary figures
appropriate to a specific city for the stay-at-home and working dad
compensation analysis, as well as the Dad Salary Wizard�, log onto
http://dad.salary.com. About Dad Salary Wizard Dads and their
families can visit http://dad.salary.com/ and create their own "dad
paycheck" with the Dad Salary Wizard�, the first interactive tool
that allows anyone to price the "dad job," based on location and
dad's personal hours worked in each of the 10 roles. Users can
create a customized mock "dad paycheck" and "dad pay stub," which
can be printed and emailed to family and friends for Father's Day.
About Salary.com, Inc. Salary.com is a leading provider of
on-demand compensation management solutions helping businesses and
individuals manage pay and performance. Salary.com provides
companies of all sizes comprehensive on-demand software
applications that are tightly integrated with its own proprietary
compensation data sets, thereby automating the essential elements
of the compensation management process and significantly improving
the effectiveness of its client�s compensation spend. For more
information, visit www.salary.com.
Salary.Com (MM) (NASDAQ:SLRY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Salary.Com (MM) (NASDAQ:SLRY)
Historical Stock Chart
From Jul 2023 to Jul 2024