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Featured Advisor



Ed Meek
CEO/Investment Advisor

Edge Portfolio Management

City:Winfield

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, playing and following basketball, playing golf, and participating as an advisory board member for Breakthrough Urban Ministries.

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Mom Deserves a Six-Figure Salary

The services provided by the average full-time mother would command a six-figure salary in today’s job market, according to a new survey.

| BY Adriana Reyneri

The average full-time mother provides 94.7 hours of services each year worth a salary of $112,962, according to the 12th Annual Mother’s Day Survey by Salary.com.

Working mothers put in an even longer  week, working  an average of 35.7 hours a week in  positions paying an average annual salary of $45,515, then logging 57.9 hours a week on household chores and parenting duties, which would be worth $66,979 a year in the job market, according to the 2012 survey of 8000 moms.

Salary equivalents are determining by evaluating the amount of time the average mom spends on various tasks – such as cooking and cleaning – and then multiplying those hours by average pay for those jobs. The most time-consuming job – that of a cook - commands an average hourly wage of $13.11. According to Salary.com, moms spend about 13.9 hours a week cooking, a service worth more than $182 in labor each week.

The most expensive service provided by a mom – that of chief executive officer – is valued at $55.07 an hour. According to Salary.com, the average stay-at-home mom spends about 3.2 hours a week in the CEO position, for a total of $176 in services.

“According to our job descriptions, a CEO ‘plans and directs all aspects of an organization's policies, objectives, and initiatives.’ The moms in our survey are the social directors, policymakers, community organizers, financial directors and even breadwinners for their families,” said Salary.com in a statement. “They provide leadership and set the course, just like the leaders of Fortune 500 companies.”

The average stay-at-home moms spend an average of 6.3 hours a week as a laundry machine operator, a skill valued at $9.86 an hour. They work 7.6 hours a week as a psychologist, a skill valued at $36.85 an hour, and 7.7 hours a week as a janitor, a skill valued at $9.77 an hour. Serving as a van driver consumes 7.9 hours a week and is worth $13.83 an hour. Stay-at-home moms work 8.9 hours a week as a computer operator, a skill valued at $15.43, and 10.7 hours a week as a facilities manager, a job that pays $31.88 an hour. Another 9.77 hours is spent as a housekeeper, work that pays 9.77 an hour.

Another measure of mom’s financial worth, the 2012 Mother's Day Index compiled by the website Insure.com using data from the U.S. Bureau of Labor Statistics, values the assorted tasks performed at $60,182 – a slight drop from last year.