And let's not forget all the working moms out there! The data shows that they are spending on average 54 hours per week managing things on the home front in addition to the hours they put in at their job outside the home. When you add it all up, they are spending a total of 107 hours each week split between work and home.
Which roles consume the bulk of mom's time?
Turns out that in the last year moms have spent an average of 20 hours per week in two key roles
- Chief Financial Officer – manages day-to-day finances and focuses on overall financial well-being
- Chief Operating Officer – makes sure everyone else is following the plan and that things are getting done
According to Lenna Turner, a senior compensation consultant here at Salary.com, this makes sense - "We saw that mothers spent considerable time managing financial concerns and organizing the schooling of their family during the height of the pandemic."
"Thanks Mom!" might be the understatement of the year, but it's a good place to start.
Salary.com's Mom Salary Survey honors both working and stay-at-home moms who shoulder an immense responsibility and work their hardest day-in and day-out. Their unwavering dedication to their families and other responsibilities does not go unnoticed and we applaud their heroic efforts to guide their families through the pandemic.
We invite moms to calculate their own worth using the Mom Salary Wizard.