Salary.com's 9th Annual Mom Salary Survey Reveals Stay-at-Home Moms Would Earn $122,732 in the U.S. and $135,661 in Canada
May 05 2009 - 10:34AM
Marketwired
Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand
compensation, payroll and talent management solutions, announced
today the results of its annual Mom Salary Survey. For 2009,
Salary.com(TM) determined that the time mothers spend performing
the 10 most popular "mom job functions" would equate to an annual
cash compensation of $122,732 for a Stay-at-Home Mom and an
additional $76,184 for a Working Mom, up 5% and 11%, respectively,
from the 2008 calculations of $116,805 and $68,405. Moms and their
families can create their own "mom paycheck" by visiting the Mom
Salary Wizard�.
"This is our ninth year looking at the value of mom's work. It
has become a popular annual event because it not only recognizes
the critical value of what moms do, but educates the public on the
key factors that determine what employers are willing to pay for a
given job," said Meredith Hanrahan, senior vice president at
Salary.com, Inc. "We value the job of mom based on her job
description and calculate what an employer would have to pay in
cash if they were to hire someone to do all that a mom does."
Salary.com created the 'Mom Job' based on Certified Compensation
Professional�* benchmarking principles that determine the value of
a job. Following these employer-based principles, it is important
to match jobs based on their job descriptions and not solely job
titles. In Mom's case, her role is an example of a hybrid job with
10 different jobs -- each with different salaries -- that comprise
her job. In the Mom Salary Survey, 12,150 moms quantified their
hours worked in each role for a typical week. Salary.com's
compensation professionals weighted the different responsibilities
of the job to determine mom's overall total compensation.
Salary.com leveraged its CompAnalyst� global market data to
benchmark the mom jobs in the U.S. and Canada. In Canada, the
salary was $135,661 for Stay-at-Home Moms and an additional $83,863
for Working Moms (reported in Canadian dollars). The job titles
that best matched a mom's definition of her work in both countries
are (in increasing order of the percentage of her total 'Mom Job'
salary) were: Laundry Machine Operator, Janitor, Van Driver,
Housekeeper, Computer Operator I, Cook, Day Care Center Teacher,
Facilities Manager, Psychologist, Chief Executive Officer.
Because the study took place from Mother's Day 2008 to Mother's
Day 2009, the increase for both the stay-at-home and working mom
reflects merit increases between 3.5 and 5.0 percent in early 2008,
prior to the downturn. However, economic conditions began to show
up in the working mom's salary.
"We found that not only are working moms outsourcing less and
doing more themselves, but they're also spending more time on the
higher-paying jobs such as facilities manager, CEO, and
psychologist -- both factors that contributed to their increased
salary figure. This year, the working mom had 17 hours of overtime
in addition to her full time hours both at work and as a mom -- up
nearly double from 2 years ago," added Hanrahan. According to the
Salary.com survey, the working mom puts in over a 92-hour work week
once you combine her full-time job, mom hours, and mom overtime.
The primary driver of mom's six-figure salary depends on the amount
of overtime worked. This year the stay-at-home mom's overtime
averaged 56 hours in their 96-hour "work week" -- over half her
time spent on the job is overtime.
The Mom Salary Survey has been enhanced over the years to
reflect feedback such as adding salary ranges for working moms and
for stay-at-home and working dads. The survey data has been
incorporated into the Mom Salary Wizard, an online tool where
consumers can personalize the survey data to reflect their time
spent per job in an average week. The Mom Salary Wizard shows users
how factors such as geography and the mix of various mom jobs can
impact compensation and can either increase or decrease the mom
salary from the national median Salary.com publishes every
year.
*Certified Compensation Professional is a registered trademark
of WorldatWork
About Mom Salary Wizard
The Mom Salary Wizard� is the first interactive tool that allows
moms and their families to price the 'Mom Job,' based on location
and mom's personal hours worked in each of the 10 roles. Users can
create a hypothetical mom paycheck and mom pay stub, which can be
printed and emailed to family and friends for Mother's Day.
For more detailed information on the Stay-at-Home and Working
Mom compensation analysis as well as the Mom Salary Wizard, log on
to http://mom.salary.com.
About Salary.com, Inc.
Salary.com is a leading provider of on-demand payroll, HRMS,
compensation and talent management solutions helping businesses and
individuals manage pay and performance. Salary.com's highly
configurable software applications, proprietary data and consulting
services help HR and compensation professionals automate,
streamline and optimize critical talent management processes
including: payroll, benefits, HR administration, market pricing,
compensation planning, performance management, competency
management, learning and development and succession planning. Built
with compensation and competency data at the core, Salary.com
solutions provide businesses of all sizes with the most productive
and cost-effective way to manage and inspire their most important
asset -- their people. For more information, visit
www.salary.com.
SLRY-F
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Media Contact: Meredith Hanrahan Salary.com (781) 851-8796 Email
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