How Much Should You Pay for an Executive Assistant in Texas?
Working with an executive assistant can help you reach new heights in your business.
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Despite this, determining the right salary can be tricky. For starters, the average salary of an executive assistant depends on the location and their experience. In this article, we help you understand how much you should be paying for an executive assistant.
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We’ll explain what determines the price with tips to help you settle on a salary for your next hire.
What is an executive assistant?
Before we get into the average price, let’s strip it back to the basics. What is an executive assistant?
An executive assistant is a professional who provides administrative support to executives. This often includes the senior management team as well.
Typical responsibilities of an executive assistant include:
● Managing schedules
● Organizing meetings
● Doing admin tasks
● Managing correspondence
● Ensuring a smooth operation of the executive's office
What are the benefits of having an executive assistant?
Having an executive assistant at work delivers several benefits, including:
● Increased productivity: delegate administrative tasks to focus on strategic decisions.
● Enhanced organization: make sure schedules are organized and well-managed and deadlines are met.
● Improved communication: executive assistants improve communication by acting as liaisons between multiple parties.
What is the average salary for executive assistants in Texas?
Let’s look at the average annual salaries of executive assistants in Texas to help you decide on the right salary for your next hire.
● Dallas: $58,000 - $78,000
● San Antonio: $50,000 - $70,000
● Houston: $60,000 - $80,000
● Austin: $55,000 - $75,000
What factors influence executive assistant salaries?
As previously mentioned, numerous factors influence the salaries of executive assistants, including:
● Experience: more experienced and skilled assistants typically command higher salaries.
● Certifications and education: qualifications and relevant degrees can increase salaries.
● Industry: companies in lucrative industries typically pay higher salaries than non-lucrative industries.
● Company size: larger companies typically pay higher salaries, while smaller companies usually pay slightly lower salaries.
How to decide on the right salary for an executive assistant?
If you are posting a job advert or reaching out to a headhunter, you will need to set a salary range or starting point to offer job candidates. But how do you decide on the price? There are numerous things to consider. However, we suggest you do the following before deciding on a figure:
Assess your company budget
Before pulling a number out of thin air, you should assess your company budget. For starters, can you afford to hire an executive assistant?
Look into the budget to see what you realistically allocate. Moreover, remember to include healthcare and other necessary costs aside from an annual salary.
Set a competitive salary comparable to the industry average
When setting a salary for your new executive assistant role, we suggest choosing a figure that is representative and comparable to the industry average for both executive assistants and the industry you are in.
And, of course, take into account the different cities in the State.
Don’t forget benefits, bonuses, and healthcare
When setting a salary, it’s easy to forget the additional costs of benefits, bonuses, and healthcare.
When hiring a new employee, whether executive assistant or not, you need to budget for these additional costs.
Reach out to a professional to find the best assistant
If you’re looking to hire an executive assistant but don’t know where to start, then reach out to the team at Bespoke Life today.
We can help you find a reputable executive assistant in Texas for your industry. Furthermore, we can advise on salary, benefits, and other additional expenses.
FAQs
How much do executive assistants get paid in the US?
The average salary for executive assistants in the United States varies between $55,000 and $75,000 per year. The price differs based on location, industry, and experience of the hire.
What does an executive assistant do?
Executive assistants typically organize meetings, manage your schedule and calendar, handle correspondence, and conduct various admin tasks. They can be a very handy hire to have around the office for your executives and upper management.
What skills should you look for in a good executive assistant?
To choose the best executive assistant in Texas, you need to look for certain skills. These skills include excellent communication, time management, organization, problem solving, and competency in necessary office software such as calendar management and Google Sheets, for example.
Is an executive assistant higher than a personal assistant?
Yes! Typically an executive assistant is a more senior role than a personal assistant. They operate at a higher managerial level. But this is not standard in every organization.
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