Salary.com Reveals Stay-at-Home Moms are Worth $162,581 a Year
18th Annual Mom Salary Survey Data Reveals the 2018 Median Annual Salary of a Mother
WALTHAM, MA (May 13, 2018) - If stay-at-home moms earned an annual salary for all the hours they put toward tending to the duties of their households and children, how much would they earn? Today – in honor of Mother’s Day – Salary.com, the leading SaaS provider of cloud-based compensation data and analytics, released its 18thannual Mom Salary survey, which puts a price tag on a priceless job: motherhood.
By selecting a handful of jobs that reflect a day in the life of a mom and pulling the market compensation data for those same roles, Salary.com determined that the median annual salary of a mother for 2018 is $162,581– rising nearly $5,000 from 2017 calculations.
Through surveying thousands of working and stay-at-home moms, the 18thannual Mom Salary Survey determined a mother’s most time-consuming tasks – and the hours spent on each one. Since 2000, Salary.com has tracked how a mom’s role has morphed over the years, and how the value of this hybrid role has continued to rise. With a nearly 96-hour work-week and a six-figure annual rate, moms may be the most valuable workers in the country.
“While it’s difficult to put a price tag on a job like being a mother, we at Salary.com would like to honor all the moms out there who work their hardest day-in and day-out,” said Alys Reynders Scott, Chief Marketing Officer, Salary.com. “We would like to recognize both professional and stay-at-home Moms on their unwavering dedication to their families and other responsibilities. The work ethic does not go unnoticed or unappreciated, and we were not surprised at the substantial salary we calculated this year. It is money well-earned.”
In addition to traditional roles like performing the duties of a cook, housekeeper, nurse, and nutritionist, moms of today have more responsibilities than ever before. For example, with the rise of technology, moms are expected to sharpen their knowledge around computers, tablets, smartphones, and social media – making them extremely well-rounded in their skillsets and very valuable in terms of earning potential.
Additional insights from Salary.com’s 2018 survey data on how much a mother’s work is worth can be accessed at: https://www.companalyst.com/blog/stay-at-home-mom/.
Salary.com is the leading SaaS provider of cloud-based compensation market data and analytics. Founded in 1999, the Company serves approximately 4,000 business-to-business customers worldwide with its market-leading CompAnalyst platform, designed to accelerate compensation workflows and improve efficiency. Through its Salary Wizard and consumer website, Salary.com delivers continually updated, reliable market pay data and career content to hundreds of thousands of consumers each year. The Company is committed to helping organizations drive company success by aligning compensation practices with recruiting, performance and development initiatives through easy-to-access data and meaningful insights. For more information, please visit the company website at www.salary.com.
Victoria Waldron, Marketing