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Report: Santa’s In For A (Small) Raise!

(Photo by Kena Betancur/Getty Images)

(Photo by Kena Betancur/Getty Images)

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PHILADELPHIA (CBS) – If Santa were paid a salary, he’d be making a pretty penny. He’d also be getting a slight raise this year.

According to Insure.com’s annual Santa Index, the big man in red would be making $137,795 for delivering presents to the world’s children in 2013 – up 2% from last year.

But not everyone feels St. Nick should get paid that much – or at all. In fact, 37% of survey respondents feel Santa should do what he does for free, considering it “charity.”

Others feel Mr. Claus just isn’t making enough. Twenty-seven-percent say Santa should earn a whopping $1.8 billion a year, approximately $1 for every child under the age of 15 in the world, and 10% feel he should be paid at least $200,000.

Insure.com says it compiled Santa’s estimated salary by analyzing wage data for his many jobs, including running his workshop, managing the elves and checking his list multiple times – a whole lot of paperwork, for sure.

For more information, visit: www.insure.com/articles/lifeinsurance/santa-index.html

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