05.04.07
Salary Savings: What’s the Value of a Stepmom?
The How to Change the World blog mentioned yesterday a Reuters story highlighting research from Salary.com that shows that stay-at-home moms should be earning $138,095 for their efforts. The research is based on input from 26,000 stay-at-home moms and 14,000 mothers working outside the home.
The blog mentioned that Salary.com has a neat salary tool for moms (it works for stepmoms too) that you can use to estimate your contribution to your family. You input the types of activities you are doing to help your family - the housekeeping, the kid hauling, the scheduling - and it calculates what your efforts are worth.
Just for fun - I ran the numbers, and found that I am contributing $77,000+ a year annually to my blended family, on top of my paid salary!