From the desk of Karen Lombardo
Salary.com is a new Chamber member, and they recently shared two blog posts about how much a mom’s salary value is worth. The pandemic has been in the news and talked about for over 15 months now, but the story has not changed significantly. COVID-19 created a significant setback for women.
According to mckinsey.com,
“The pandemic had a near-immediate effect on women’s employment. One in four women are considering leaving the workforce or downshifting their careers versus one in five men. While all women have been impacted, three major groups have experienced some of the largest challenges: working mothers, women in senior management positions, and Black women. This disparity came across as particularly stark with parents of kids under ten: the rate at which women in this group were considering leaving was ten percentage points higher than for men. And women in heterosexual dual-career couples who have children also reported larger increases in their time spent on household responsibilities since the pandemic began.
Despite companies’ efforts to support employees during the crisis, women are feeling more exhausted, burned out, and under pressure than men are, according to the 2020 Women in the Workplace study. This suggests that companies need to do more to adjust the norms and expectations that lead to these feelings.”
How Much is a Mom Really Worth? The Amount May Surprise You.
In their article, salary.com states, We all know that moms are the ultimate multi-taskers, juggling lots of different responsibilities all day, every day, but it doesn’t really sink in until you see the full list. This year’s study gave consideration to traditional roles – like housekeeper, dietitian, and facilities director – and newer roles – like network administrator, social media communications. In the end, the mom role includes more than 20 different positions.
We took the salary.com articles and spoke with some local moms who listed the top 5 jobs (hats) a mom is wearing now in 2021.
Chief Financial Officer. Moms in conjunction with a spouse or partner manage the day-to-day finances and financial health of the family. In cases where the family was reduced to a single income, this role became particularly challenging.
Chief Operating Officer. This position requires more than a magnetized refrigerator calendar. Moms balanced part-time school days, last-minute quarantines (parents or kids), lack of daycare, and creating a work-life-school time balance.
Chief Technology Officer. How many laptops, tablets, and phones can one internet router support? Hmm, many found out the hard way. Moms became experts with Zoom, Google Meet, and setting up Wi-Fi printers.
Human Resources Manager. Moms have always been experts in conflict management, but COVID challenged even the best negotiator.
Doctor/Nurse (medical, psychological, and Ph.D.) A mom’s medical experience was challenged beyond running noses and the stomach bug. We tip our hats to moms who themselves had COVID and managed the family and those with kids who had COVID and kept the rest healthy. Mom’s became teachers of many subjects, nutritionists, and counselors.
We are not dismissing dads
With Father’s Day around the corner, we are not dismissing dads or their roles, commitments, and support of their families, spouses, or partners. The documented impact has been significant on women in the workplace, and the long-term effects of this on our economy are yet to be known.
Special thanks to salary.com for their posts on prnewswire.com and salary.com.
Many thanks to mckinsey.com for their insight and article.