Wednesday, June 13, 2012

With Father's Day right around the corner, Salary.com recently released its yearly average for what stay-at-home and working dads would make if they were paid an annual salary for their work. And there's good news to report: Dad's getting a raise this year.

Salary.com surveyed more than 1,800 fathers to calculate Dad's earning power using its Dad Salary Wizard, an interactive tool allowing dads and their families to price the job of being a father. Dads reported which 10 jobs they spend the most time doing – from Computer Operator to Day Care Teacher to Facilities Manager – and how much time they spend doing each job. Using its extensive salary data, Salary.com calculated Dad's earning power based on the national base salary of those jobs.

This year, Salary.com determined that the average stay-at-home dad juggles a 52.9 hour work week. Taking into account overtime and using salary data provided by employers, an average stay-at-home dad's 2012 totally salary would be $61,814 - up from $60,127 in 2011.

Meanwhile, dads with jobs outside the home put in 32 hours of family work at home each week in addition to time spent on the job. A working dad's at-home 2012 salary would be $36,757 – up from $33,858 in 2011. A working dad's at-home salary should be combined with his actual work salary in order to determine his yearly compensation value.

"For any job, including being a father, it's important to understand the value of what you do – what employers will pay for your knowledge and skills," says Abby Euler, general manager at Salary.com. "We all know that you can't really put a value on the love and support dads give us, but it's a fun way to celebrate and recognize their hard work on Father's Day."

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