Archive for Sunday, May 11, 2008
‘Salary’ for stay-at-home moms nearly $117,000
Study pegs moms’ pay at $117,000
If a stay-at-home mom could be compensated in dollars rather than personal satisfaction and unconditional love, she’d rake in nearly $117,000 a year.
That’s according to a study by Salary.com, a Waltham, Mass.-based firm that studies workplace compensation.
The eighth annual survey calculated a mom’s market value by studying pay levels for 10 job titles with duties performed by typical mothers, including housekeeper, teacher, psychologist and chief executive.
This year, the annual salary for a stay-at-home mom would be $116,805, and a mom who juggles an outside job would get $68,405 for her motherly duties.
The biggest driver of a mother’s theoretical salary is the overtime pay she would receive.
The 18,000 mothers surveyed about their typical week reported working 94.4 hours – meaning they’d be spending more than half their working hours on overtime.
Mothers who work outside the home reported an average 54.6-hour “mom workweek” besides the hours they spent at paying jobs.
Bottle and food warmers targeted
North Hills-based Munchkin Inc. is recalling about 5,000 deluxe bottle and food warmers, manufactured in China, because they can overheat and burn. The Consumer Product Safety Commission said that Munchkin had received nine reports of warmers overheating, including several that caught fire. No injuries were reported.
For more information, call (866) 619-8673, or go to www.munchkin.com or www.cpsc.gov.
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