Curious about what Executive Assistants can earn? The numbers might surprise you.
The U.S. Bureau of Labor Statistics reports a 2023 national average salary of $73,680 for Executive Assistants, with the 90th percentile at $104,000.
From bustling tech hubs to quieter towns and high-stakes corporate environments to fast-paced startups, the earning potential for EAs is as diverse as the job itself. But it’s not just about the base salary—there are also bonuses, benefits, and career growth opportunities that play a crucial role.
Can You Make Good Money as an Executive Assistant?
Absolutely, Executive Assistants can earn impressive salaries!
With the right blend of skills and experience, an Executive Assistant has the potential to make excellent money. For example, a senior-level Executive Assistant will probably see their earnings soar as they take on more responsibility, making this a highly rewarding and lucrative career path.
Keep in mind that the higher the salary, the more competitive the hiring process can be. So if you’re on a search for top-paying roles, we can’t stress enough the importance of standing out with exceptional skills and experience.
Important Factors Affecting the Executive Assistant Salary
Several factors play into how much an Executive Assistant can pocket:
Industry
The industry you’re in greatly affects your pay. Executive Assistants in high-stakes fields such as tech, finance, or legal services typically earn more than those in nonprofits or smaller companies. The complex needs and larger budgets in these industries lead to higher compensation.
Location
Geographical location is a crucial factor in salary determination. An office in an urban center or high-cost area generally offers a higher salary compared to a rural office. This disparity accounts for the higher living cost in cities and reflects the demand for skilled Executive Assistants in bustling business hubs.
Company Size
The size of the company you work for also influences your salary. Larger ones often have more substantial financial resources when hiring, translating to higher salaries and better benefits. Working for a big corporation can also provide more opportunities for advancement.
Salary Breakdown by Experience
Let’s take a closer look at the salaries you can expect for different levels:
Entry-Level Executive Assistants
An entry-level Executive Assistant often starts at the lower end of the salary spectrum, making between $45,000 and $60,000 a year. This stage focuses on gaining experience and laying the foundation for future pay increases.
Mid-Level Executive Assistants
With a few years of experience under your belt, you can earn between $60,000 and $75,000 annually. At this point, you’re likely handling more complex tasks, managing larger projects, and possibly overseeing junior staff.
Senior-Level Executive Assistants
Senior Executive Assistants with extensive experience and advanced skills can command salaries that range from $75,000 to $100,000 or more. These roles often involve providing critical support to top executives, overseeing major projects, and handling high-stakes responsibilities.
Additional Perks
Health Insurance and Retirement Plans
Executive Assistants often enjoy comprehensive health insurance, including medical, dental, and vision coverage. Retirement plans such as 401(k) with employer contributions are also common.
Paid Time Off and Flexibility
Generous paid time off is a significant perk for many Executive Assistants. Some organizations also offer remote work options and flexible schedules.
Professional Development
Some companies invest in their Executive Assistant(s) by providing access to courses, certifications, and conferences, helping you stay at the top of your game and advance in your career.
Networking Events
An Executive Assistant may also get the chance to travel for work or attend networking events. These opportunities can broaden your horizons, provide valuable experiences, and enhance your professional development.
Where Do Executive Assistants Get Paid the Most?
According to the U.S. Bureau of Labor Statistics, California tops the list with an impressive average salary of $86,300. Following closely are the District of Columbia and New York with average salaries of $85,230 and $84,570, respectively, making these prime locations for top-paying Executive Assistant roles.
Increasing Your Earning Potential
Looking to maximize your earnings as an Executive Assistant? Boosting your earning potential means mastering high-demand skills and actively seeking professional growth to make yourself indispensable to executives and organizations.
We can help you unlock the skills and strategies that set you on the path to a rewarding EA career.