(Photo Credit: Wikimedia Commons)
Patricia Kitchen of Newsday recently asked that very question. To figure out what Santa should earn, she combined all of his various duties and added up the salaries for each. (Similar to the system we tend to use when calculating the value of, say, a stay-at-home mom.)
By adding up roles like Industrial Engineer and Labor Relations Specialist -- for, as she says, "elf-related squabbles" in the workshop -- and using data from the Bureau of Labor Statistics and Insure.com, Kitchen arrived at the annual salary of $114,937 for Santa's labors.
We thought it would be interesting to evaluate Santa's earnings using PayScale data from the Research Center, to see if we came out with a similar number. In fact, after adding up median wages for each of Santa's roles (a few of Kitchen's, plus some we added to the mix), we find that he should be making a total of $199,138 annually.
Here's the breakdown:
Industrial Engineer: $63,850
Personal Shopper: $36,680
Labor Relations Specialist: $69,107
Delivery Driver: $29,501
If that still seems like too little for the king of elves, well, just remember that he's not doing it for the money. The love and admiration of children -- plus a few cookies and some milk -- are all he requires.
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