Santa's 'salary' up 4% to $143,000
09 December 2015 - 12:04AM
While Santa is busy deciding who was naughty and who was nice so he
can fill up his sled for his yearly delivery of toys and gifts to
kids of all ages, Insure.com has been busy calculating his worth.
Insure.com's annual Santa Index measures the "value of Santa"
based on analysis of wage data from the Bureau of Labor Statistics.
That is a nearly a 4 percent increase over last year's calculated
salary and the highest value yet placed on Santa since the Index
began:
- 2014: $139,924
- 2013: $137,795
- 2012: $134,944
- 2011: $132,950
"Santa's salary continues to climb topping over $140,000 this
year, showing that the various jobs and roles in which he immerses
himself continue to increase in value," said Jennifer Shelton,
managing editor of Insure.com. "The expertise needed to perform all
of Santa's duties is staggering. From aerospace to customer
service, agriculture to upper management, he really does it all. So
we're pleased to find that Santa is due another bump in pay this
year."
The highest-paying job for Santa is the one that he does for
most of the year: working in Santa's workshop. As a manufacturing
executive 364 days a year, eight hours a day his annual earnings
are $119,159. After all, he doesn't just sit behind a desk. Santa
does research and design development, product testing, and quality
control on every ball, doll and train in his workshop produces.
Other top-paying tasks for Santa include:
Labor negotiator: Elves may be hard workers, but that they still
need to be managed. Even in the friendliest of workplaces disputes
can erupt, and Santa would be the one to get the elves back to
their workstations with smiles on their faces. If he spent a
half-hour each day managing the elves, his annual earnings would be
$5,212 for this task.
Farmworker and rancher: Reindeer may fly, but
they can't take care of themselves on land. Santa needs to attend
to the reindeer by feeding them, examining them for injuries
administering appropriate medications and vaccinations, and keep
their quarters clean and maintained. Spending just one hour a day
at this duty Santa's annual pay would be $4,417.
Snow plow driver: The North Pole can't function
if the roads are filled with snow. The elves and Santa need to get
between the workshops quickly, so Santa is a part-time highway
maintenance worker. Working a half-hour per day for 360 days
clearing roads, he would earn $3,279.
Customer service: To promote his brand and
provide customer service to all, Santa visits malls to speak with
children each winter season. As a customer service representative
working eight hours a day for 21 days, he would earn $2,737.
Professional shopper: Santa's workshop may make
most of the toys, but Santa must still select just the right item
for each person on his list. Working eight hours a day for 15 days,
his annual earnings would be $2,195.
Announcing to the world, "Merry Christmas to all, and to all a
good night!" takes hardly any time at all, and thus pays Santa the
least, a mere18 cents.
While Santa may not be a member of your household, there likely
is someone playing Santa one day out of the year who otherwise
takes care of the household the rest of the time. Knowing how much
money your family would need to replace your income and take over
your household duties is important so that you can determine how
much life insurance you need.
"The Santa Index is an entertaining way to broach a serious
topic and remind people to reflect on all their total contribution
to the home, not just the income they make, when buying life
insurance," said Shelton.
To see the full chart of Santa jobs and wages, visit the full
feature on Insure.com.
Methodology
The Santa Index is based on a pre-set list of tasks and hours;
tasks are then matched to occupations from the Bureau of Labor
Statistics to find the average wages.
About Insure.com
Insure.com provides a comprehensive array of information on auto
insurance, home insurance, health insurance, and life insurance.
The site offers an extensive library of originally authored
insurance articles and decision-making tools that are not available
from any other single source, including its extensive car insurance
discounts tool. Insure.com is owned and operated by QuinStreet,
Inc. (NASDAQ: QNST), one of the largest Internet marketing and
media companies in the world. QuinStreet is committed to providing
consumers and businesses with the information they need to
research, find and select the products, services and brands that
best meet their needs. The company is a leader in visitor-friendly
marketing practices. For more information, please visit
QuinStreet.com.
Twitter: @InsureCom
CONTACT: Jennifer Shelton
jshelton(at)quinstreet(dot)com
QuinStreet (NASDAQ:QNST)
Historical Stock Chart
From Jun 2024 to Jul 2024
QuinStreet (NASDAQ:QNST)
Historical Stock Chart
From Jul 2023 to Jul 2024