article thumbnail

Executive Assistant Salary Trends: A Forecast for 2023

C-Suite Assistants

In September 2022 we published a blog on Executive Assistant salaries. In that blog, we tracked some of the changes we’ve seen over the last several years and refer to an increase of 20% in the average salary for an EA to the CEO over the last 5 years. What Does This Mean for the Executive Assistant Salary Range In 2023?

Salary 98
article thumbnail

Record-High Rent Hikes Show Work Doesn’t Guarantee Affordable Income

Allwork

In 2021, rent grew 10% from pre-pandemic levels, with the median cost of rent in the U.S. This means that workers must make an annual salary of around $40,000 in order to afford rent. . Email Address *. coming to $1,037 per month. Prepare for the Future of Work – straight to your inbox, for free. indicates required.

Salary 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Hiring Virtual Assistants Can Boost Employee Performance and Work-Life Balance

Success

Masarweh says it’s a way to better allocate employees’ time, especially when they have special skills, so you aren’t paying high salaries for basic administrative tasks. For instance, it could take hours building contact spreadsheets, writing reports, answering emails, attending webinars and conducting research, just to name a few,” she says.

2023 264
article thumbnail

Optimizing the Hybrid Work Landscape for Tasks to Do at Home

Allwork

A Zebra survey revealed that 35% of Americans would willingly accept a salary reduction for a shortened commute. Among those willing to take a pay cut, 89% would give up to 20% of their salary. Americans invest substantial time commuting, as evidenced by 2019 U.S. Census data.

Expenses 163
article thumbnail

How Much Does It Cost to Hire a Personal Assistant?

C-Suite Assistants

But how much does a personal assistant cost? With tools such as email, voicemails, and mobile devices, you may wonder whether personal assistants are worth the cost. But for a personal assistant to be valuable and cost-effective, they only have to save executives five hours in a 60-hour workweek. Personal Assistant Cost.

Salary 52
article thumbnail

7 Types of Competitive Advantages and How to Develop Yours

Success

Niche focus: develop your cost advantage and product differentiation. One is gaining a cost advantage. Finding means to reduce production, supply chain, and delivery costs also assist your cost advantage. If your budget is too limited to offer competitive salaries, what other perks do you offer ?

Budget 279
article thumbnail

Lawsuits, Lost Expertise And Bad Morale: The Steep Risks Of Ignoring Older Employees

Allwork

Allwork.Space: What are the hidden costs of turnover that companies are risking by excluding workers over 50? . Patti Temple Rocks: There a re many costs of turnover, but only some of them can be measured with a dollar sign. The average cost of a discrimination claim is $125,000 if the employee and company choose to settle.