Not a Member? Get access to HR news and resources that you can trust.
Don't leave the task of calculating total cost of workforce to the finance department.
Is your employee handbook ready for the changing world of work? With SHRM’s Employee Handbook Builder get peace of mind that your handbook is up-to-date.
60+ new SHRM Seminar dates in 10 U.S. cities and virtually.
Expand your influence and learn how to become an effective leader -- Join us in Phoenix, AZ, October 2-4, 2017.
A glass of milk and a plate of cookies are always welcome, but Santa may find a little something extra under the Christmas tree in recognition of all his hard work this year.
Calculating the number of hours the jolly old elf puts in for all his many duties—pilot, reindeer rancher, investigator of children’s naughtiness or niceness, toy-factory supervisor, to name a few—his efforts are worth $137,795 in 2013, according to Insure.com’s annual Santa Index.
Using the U.S. Bureau of Labor Statistics as a guide and its own life insurance calculator as a reference, the company calculated a 2 percent raise for St. Nick based on the following duties:
The Santa Index 2013
BLS occupation title
Manufacturing executive (Santa's workshop)
Sales and related workers, all other
Packer and packager, hand
Labor negotiator (with elves)
Company representative in mall
Investigator (knows if you've been bad or good)
Private detective, investigator
List checker (checking it twice)
Bookkeeping, accounting and auditing clerks
Taking care of reindeer
Farmworker, farm, ranch and aquacultural animals
Highway- Maintenance Worker
Airline pilot, co-pilot and flight engineers
Building cleaning worker, all other
Shipping, receiving and traffic clerk
Announcer (“Merry Christmas to all, and to all a good night!”)
Public address system and other announcers
Wage source: Bureau of Labor Statistics
The 19-cents annual earnings for his famous “Merry Christmas to all” salutation may look odd considering Santa’s hourly rate for that duty, acknowledged Amy Danise, a spokeswoman for Insure.com, but “we figured the announcement takes less than a minute to make, resulting in the low wage for that particular task.
The few extra thousand dollars in his pay stub “is akin to a lump of coal,” considering all of Santa’s responsibilities, the company pointed out—after all, elf labor doesn’t come cheap—but it could be worse. In a survey conducted in October with 2,000 people ages 18 and older, more than one-third said his work was charitable and should be pro bono.
Others were more generous:
You have successfully saved this page as a bookmark.
Please confirm that you want to proceed with deleting bookmark.
You have successfully removed bookmark.
Please log in as a SHRM member before saving bookmarks.
Your session has expired. Please log in again before saving bookmarks.
Please purchase a SHRM membership before saving bookmarks.
An error has occurred
Recommended for you
CA Resources at Your Fingertips
SHRM’s HR Vendor Directory contains over 3,200 companies