Don’t you love when you have to assign a pay grade to a job description? What if you had to do this for the job description “Mom”?
Of course, says Time Moneyland, the mother is CEO of the household, as well as controller, facilities manager, housekeeper, cook, etc., etc. And she works so many hours!
Factoring in the duties, salary.com has estimated the workplace value of a stay-at-home mom at $112,962 and a working mom at $66,979, according to the article, which also says the perceived salary of moms has dropped from figures 5 years ago of $138,094 and $85,938 respectively.
Insure.com’s 2012 Mothers Day Index also drops Mom’s workplace worth for her “assortment of common tasks” from $61,436 to $60,182, says the article, which is a decline of around 2 percent.
Of course, mothers are invaluable—their functions are so essential—and what’s unconditional love worth? And what about all that serious overtime?
But what if you had to decide if she was hourly or exempt? You can’t misclassify Mom!
Source: Time
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