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  string(19) "2013-10-16 05:26:34"
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  string(19) "2013-10-16 05:26:34"
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  string(3085) "Other than the sartorial splendor, day time drinking and the indoor smoking one thing that really sticks out when watching Don Draper and his colleagues in Mad Menis the army of secretaries that populate the floors of Sterling Cooper, the Ad Agency which plays host to the show.

This picture has changed since the era in which the drama is set. The concept of a secretary approached extinction not long after the advent of the Internet as a host of technologies meant most employees became far more self-sufficient.

Nowadays the Executive Assistant (or “EA”), as it is now known, are a rare species and are typically reserved for senior management. So is the profession in decline, or are they reinventing themselves as a key area of leverage within the firm?

To determine if bringing on an EA represents a good investments we can look at who they are supporting. If an EA costs $90k per annum to bring on and supports 3 executives with an average cost of $300k, then it makes financial sense if the EA can make them all more than 10% more efficient ($300k x 3 executives x 10%). It could well be argued that if the EA makes them more than 10% more efficient then the EA is in fact more valuable than they are!

However, the reality is a good assistant does much more than make a few executives a bit more efficient. A good EA makes sure meetings start on time and make use of not only the internal resources but he/she adds a professional edge when the firm interacts externally.

A good assistant optimises travel plans and diary not only to minimize cost but by weighing up the cost of time and convenience. A good EA does much more than just steal back a bit of executive’s crucial time.

There’s a second part that many forget when considering whether to bring an EA on board. There’s a suite of tasks that EA’s are professionally trained to do and are often the best in the firm at doing them. EA’s typically perform administration tasks with greater speed and accuracy than anyone in the firm and there are very few firms who would say they don’t have enough administration in running their business.

Bringing a high quality EA on board is not just about delegating the least value tasks; it’s about delegating tasks to the right people – those that have been trained to do them.

So when considering whether or not an EA adds value to the firm – don’t simply think have I got a bit much on or does it seem the right thing to do. Think what’s the value, how much leverage can be created across the firm and how much better can your firm get at skills that may currently be lacking.

Whilst a good EA is rarely the highest paid employee, they can leverage their skills across a whole business and can be one of the most valuable employees in any firm. One of the best returns on investment a firm will ever make!

 

Cox Purtell Recruitment Agency Blog / Sydney / Melbourne / Adelaide"
  ["post_title"]=>
  string(33) "What’s the Real Value of an EA?"
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  string(103) "To determine if bringing on an EA represents a good investments we can look at who they are supporting."
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Other than the sartorial splendor, day time drinking and the indoor smoking one thing that really sticks out when watching Don Draper and his colleagues in Mad Menis the army of secretaries that populate the floors of Sterling Cooper, the Ad Agency which plays host to the show.

This picture has changed since the era in which the drama is set. The concept of a secretary approached extinction not long after the advent of the Internet as a host of technologies meant most employees became far more self-sufficient.

Nowadays the Executive Assistant (or “EA”), as it is now known, are a rare species and are typically reserved for senior management. So is the profession in decline, or are they reinventing themselves as a key area of leverage within the firm?

To determine if bringing on an EA represents a good investments we can look at who they are supporting. If an EA costs $90k per annum to bring on and supports 3 executives with an average cost of $300k, then it makes financial sense if the EA can make them all more than 10% more efficient ($300k x 3 executives x 10%). It could well be argued that if the EA makes them more than 10% more efficient then the EA is in fact more valuable than they are!

However, the reality is a good assistant does much more than make a few executives a bit more efficient. A good EA makes sure meetings start on time and make use of not only the internal resources but he/she adds a professional edge when the firm interacts externally.

A good assistant optimises travel plans and diary not only to minimize cost but by weighing up the cost of time and convenience. A good EA does much more than just steal back a bit of executive’s crucial time.

There’s a second part that many forget when considering whether to bring an EA on board. There’s a suite of tasks that EA’s are professionally trained to do and are often the best in the firm at doing them. EA’s typically perform administration tasks with greater speed and accuracy than anyone in the firm and there are very few firms who would say they don’t have enough administration in running their business.

Bringing a high quality EA on board is not just about delegating the least value tasks; it’s about delegating tasks to the right people – those that have been trained to do them.

So when considering whether or not an EA adds value to the firm – don’t simply think have I got a bit much on or does it seem the right thing to do. Think what’s the value, how much leverage can be created across the firm and how much better can your firm get at skills that may currently be lacking.

Whilst a good EA is rarely the highest paid employee, they can leverage their skills across a whole business and can be one of the most valuable employees in any firm. One of the best returns on investment a firm will ever make!

 

Cox Purtell Recruitment Agency Blog / Sydney / Melbourne / Adelaide

Tags: Cox Purtell | Cox Purtell Blog | EA | Executive Assistant | Permanent Recruitment | Recruitment Adelaide | Recruitment Agency Adelaide | Recruitment Agency Melbourne | Recruitment Agency Sydney | Recruitment Melbourne | Recruitment Sydney | Temporary Recruitment | Temps |

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