Every business owner will agree that an organization cannot run smoothly without executive assistants. Yes, many people envy the salaries of executive assistants. But very few realize the magnitude of the responsibility they have or the role they play in the company’s success.
So, more than an executive assistant salary, you should try to learn more about your responsibilities. Then you will be able to understand if you are suitable for this job.
Executive assistants play a critical role in an organization. They assist managers in their most important tasks, including planning and organizing. Many executives will agree that they get the most out of their day thanks to their assistants. Hence, they don’t really mind how much they have to pay for an executive assistant’s salary.
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Learn more about the salary and responsibilities of an executive assistant
Before we talk about the salary of an executive assistant, let’s shed some light on his role. How to use the Executive Assistant? Simply put, the job of an executive assistant is to keep the executive running smoothly. Hence, they help their employers with tasks such as planning, analysis, organization and so on. They take notes, take notes in meetings, and mostly do administrative tasks.
Whenever you find a listing for this job, more than the salary of an executive assistant, the focus will be on his duties. The job description will include skills and education requirements. And if the employer expects assistants to perform any specific duties, this will also be reflected in the job description. This allows the business owner to focus all their attention on growing their business.
Keep in mind that executive assistants do much more than take care of administrative tasks. There is a reason why they are commonly referred to as the right hand of the leader. An executive can focus on his larger business goals because he is confident that his assistant will handle the rest. Why else would you find such high salaries for executive assistants in well-known organizations?
When a manager is looking for an assistant, he tries to provide a potential candidate with an overview of the company. In addition, they also describe the key functions that are expected to be performed, as well as details of the skills and qualifications required for the job. And if they manage to find the right candidate, they won’t mind the exorbitant salary of an executive assistant either.
Responsibilities of Assistant Managers
Of course, every organization and manager has specific and unique requirements for an executive assistant. Let’s not forget that every manager has his own way of working and his own priorities.
Therefore, when applying for a position, you should make sure that you clearly understand the responsibilities that you will have to handle. Let’s take a look at some of the tasks you will manage as an executive assistant.
- Scheduling meetings for company executives
- Composing and reviewing communications such as email or messages on behalf of a manager
- Preparation and organization of meetings, ensuring the proper execution of all documents
- Answer phone calls and make sure executives get important messages
- Prioritizing emails and responding to them in a timely manner
- Travel arrangements if needed
- Keeping records and documentation
There is a lot more you have to do at work. But it should give you a brief idea of what your employer wants you to do.
Skills and Qualifications Required for a High Salary of an Executive Assistant
If you want a good salary, you will need to prove your worth. As a rule, the majority of executive assistants have higher education. Some companies give preference to candidates with a bachelor’s degree. However, as a general rule, skills will always matter more than a degree for this position.
As an Executive Assistant, you must have:
- Impeccable communication skills, both written and oral
- Ability to manage your time effectively
- Ability to multitask and never miss a beat
- Organizational skills
- Understanding commonly used software and programs in the organization
If the company expects some additional skills from the executive assistant, they usually specify them in the job description. For example, companies in the digital media industry need candidates who understand the processes and programs commonly used in the field.
Remember that there is a slight difference between an administrative assistant and an executive assistant. Many people get confused between them. The executive assistant mainly works with the head of the company. Yes, sometimes he can work for two managers at the same time, but nothing more. However, the administrative assistant has responsibilities related to the company as a whole.
How much is the salary?
After all, salary matters. According to the US Bureau of Labor Statistics as of May 2020, the median annual salary for an executive assistant was nearly $65,230. Typically, most executive assistants received between $39,000 and $94,000.
The lowest salary for an executive assistant was about $49,890 and the highest paid was about $78,500.
If you want to increase the salary of an executive assistant, you may consider moving to a new employer that will pay more for your qualifications and skills. Sometimes you can also make an upward transition by increasing your level of education. Yes, degrees can help executive assistants move up the career ladder.
It is noteworthy that as you gain more experience, your value in this area increases significantly. So try to get more managerial experience if you want to move forward.
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