Plenty of Americans haven’t gotten much of a raise in recent years. But that doesn’t mean Santa doesn’t deserve one, even if it is rather paltry.
According to the latest annual analysis of this question by the people at Foster City, Calif.-based Insure.com, the value of Santa’s labor is $137,795 this year.
That’s a $2,851 bump over Santa’s $134,944 salary last year.
To calculate Santa’s value, Insure.com estimated the number of hours he might spend at each important task – investigator of the naughty, list checker, workshop manager, delivery driver and many others – and used data from the Bureau of Labor Statistics to find the closest matching occupations and average hourly wages.