Survey finds many moms keen to spend more time with their kids
Forty-four per cent of working moms say they’d take a pay cut if it meant they could spend more time with their kids, according to a CareerBuilder.com survey of 1,124 women in the United States, employed full-time, with children under the age of 18.
Nearly one in 10 say they would give up 10 per cent or more of their salary. Of working moms who are not the sole financial provider, nearly one-half (49 per cent) say they would leave their job if their spouse or significant other made enough money for the family to live comfortably.
Another survey by Salary.com of Waltham, Mass., found stay-at-home mothers in Canada would earn $126,593 if paid in cash for their 10 most popular “mom job functions.” These include housekeeping, child care, cooking, doing laundry, operating a computer, being a psychologist, driver and janitor. Salary.com leveraged global market data to benchmark the mom jobs in Canada, which would equate to $74,101 for working mothers.
This year, Salary.com adjusted the mom salary benchmark based on a key factor that affects pay — company size.
“Smaller organizations typically pay less,” said Bill Coleman, senior vice-president at Salary.com.
The primary driver of mom’s six-figure salary, however, remains the amount of overtime worked. This year, mom’s overtime averaged 54.4 hours per week.
