Each year for Mother’s Day, Insure.com calculates the value for all of mom’s jobs for our Mother’s Day Index. This year, we found that mom’s “salary” increased just a half percent to $65,523, which is a pretty crummy raise.
“Mom’s salary didn’t keep pace with the 2.4 percent increase in inflation this year,” said Penny Gusner, consumer analyst for Insure.com. “Out of the 14 jobs that we’ve assigned to moms, eight of them fell in average wage, and only three jobs kept pace with inflation. Mom’s biggest salary bump this year comes from her job as a driver.”
The many jobs of mom
The largest portions of mom’s paycheck, earning 60 percent of her annual salary, come from these three jobs alone:
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Childcare worker: 2080 hours per year = $22,360
Social director: 480 hours per year = $8,736
Teacher: 400 hours per year = $8,170
But not all of those jobs helped with a raise this year. These are the roles that kept pace or better with inflation – contributing 25 percent of mom’s salary:
Driver: up 20.7 percent compared to last year
Teacher: up 5.9 percent compared to last year
Personal assistant: up 3.8 percent compared to last year
The jobs where mom spends most of her time, however, either didn’t keep up with inflation or decreased in value:
Childcare worker: -3.2 percent
Cook: -1.3 percent
Housekeeper: + 1.8 percent
You can read the full Mother’s Day Index 2016 feature on Insure.com.
Insure.com provides a comprehensive array of information on auto insurance, home insurance, health insurance and life insurance. The site offers an extensive library of originally authored insurance articles and decision-making tools that are not available from any other single source, including its extensive car insurance discounts tool. Insure.com is owned and operated by QuinStreet, Inc. (NASDAQ: QNST), one of the largest Internet marketing and media companies in the world.