By admin | January 20, 2015 | 0 Comment
Executive assistants make a career of juggling tasks for higher-ups, and hopefully those higher-ups are nothing like the “dragon lady” in “The Devil Wears Prada.” Executive assistants may find themselves in servitude of their CEO or boss, but they may also find themselves a proverbial and literal seat at the table on their boss’s behalf. In either case, executive assistants must be prepared for anything. “There are amazing possibilities in this profession,” says Stacy Leitner, executive assistant to the city manager of Rancho Cordova in California. “You can make minimum wage or seven figures. You can work in any industry – in government, education, retail, hospitality and recreation. With the right skill set and industry, it can be very lucrative.” Basic responsibilities include managing the boss’s calendar, coordinating meetings and taking messages, but executive assistants are also tasked with providing high-level administrative support for the company and its top executives. An executive assistant’s role may also include analyzing documents, preparing research reports and occasionally supervising clerical staff members. As such, executive assistants function as an integral and indispensable part of the office.
The Bureau of Labor Statistics projects this profession will lose 10,500 jobs, or decline by 1 percent, by the year 2022. This is largely due to companies replacing executive assistants with administrative assistants, who earn an average of $17,870 less per year and may support more than one manager in an organization. In addition, many managers these days handle tasks that were previously in the realm of executive assistants, such as scheduling their own travel and meetings.
In 2013, executive assistants earned a median salary of $51,870, according to the BLS. The highest earners made about $74,970, while the lowest earners took home approximately $32,090. The highest-paid executive assistants worked in the metropolitan areas of San Francisco; Nassau, New York; and New York City.