Stay-at-home parents should be getting €49k a year

The pandemic has made us reevaluate the mums and dads who don’t work outside the home — but will that last?

Since lockdown, 42% of people now believe the role of a stay at home parent is even more valuable than they had previously thought.

A recent survey tells you a lot about how we view stay-at-home parents in a post-pandemic world. The survey, commissioned by insurance and investments company Royal London and conducted by iReach, found that most Irish people would expect the average salary of a stay-at-home parent to come in at around €28,000 if they were to be paid.

Royal London has calculated however that this is a gross undervaluation of the estimated €49,000 it would cost to replace the duties these mothers and fathers perform on a daily basis.