What’s a fair personal assistant salary in 2021?
Are you considering hiring a personal assistant in 2021 but having trouble figuring out what salary to offer them? This guide will help you navigate the market and ensure that you’re offering a fair wage to your potential PA.
Understanding the role of a personal assistant
Before we delve into salary specifics, it’s important to understand the duties and responsibilities of a personal assistant. A PA is expected to provide administrative support to a busy executive or entrepreneur. Depending on the individual needs of their employer, the role can include anything from managing schedules to overseeing projects, taking care of travel arrangements, conducting research and producing reports, and even running errands.
Factors that affect personal assistant salaries
Several factors will influence the salary you offer your chosen personal assistant. The first is their level of experience and education. More experienced candidates with a degree in business or a related field will typically command a higher salary than those who are just beginning their career.
The second factor is the industry you’re operating in. The salary for a PA in finance, for example, is often higher than that of a personal assistant in retail.
Thirdly, geographic location is a significant factor to consider. PAs in large cities where the cost of living is higher generally command higher salaries than those in smaller towns or rural areas.
What’s a fair salary range for a personal assistant?
According to recent research, the average salary for a personal assistant in the United States is around $54,000 per year. However, salaries for PAs can range significantly, from around $30,000 per year for a junior assistant to over $100,000 per year for a highly experienced and skilled assistant.
As a general rule, you should offer a salary that reflects the level of experience and education of the candidate you’re considering. If you’re hiring a junior personal assistant, a salary between $30,000 and $45,000 is typical. For a mid-level assistant, an offer between $50,000 and $70,000 is reasonable, while a highly experienced executive PA can command a salary of over $100,000.
Conclusion
In conclusion, personal assistants play a crucial role in supporting busy executives and helping businesses run smoothly. When considering the salary of a personal assistant, it’s important to take into account their level of experience, the industry they’re working in, and the geographic location of your business. Offering a competitive salary will make it easier for you to attract and retain the best talent for your business.
