Chief Administrative Officer Salary
Wages for Chief Administrative Officers in the United States are generous, with average pay above six figures ($110K) per year. In the world of Chief Administrative Officers, overall income ranges from $61K near the bottom to $227K at the top; this can include more than $52K from bonuses and more than $65K from profit sharing in exceptional cases. Residence and years of experience each impact pay for this group, with the former having the largest influence. Most Chief Administrative Officers like their work and job satisfaction is high. Female Chief Administrative Officers survey participants are more prevalent than men — 65 percent of professionals. A large number report receiving medical coverage from their employers and the larger part collect dental insurance. The numbers in this rundown were provided by PayScale's salary survey participants.
|Salary||$62,020 - $196,527|
|Bonus||$97.87 - $51,609|
|Profit Sharing||$2,408 - $64,564|
|Total Pay (||$60,609 - $227,138|
Job Description for Chief Administrative Officer
A chief administrative officer is an executive within an organization who is responsible for overseeing the operations within the business. This is a position found in a variety of industries and organizations. A chief administrative officer will generally work within an office, though some travel may be required. While this person will generally keep weekday, daytime hours, extended hours may often be necessary and expected. Many organizations require this person to have attained a master’s degree in a field such as business administration, communications, or finance. Experience within their field is a must. Most organizations do also require extensive knowledge regarding management, quality assurance, business law, marketing management, and managerial accounting.Read More...
A chief administrative officer must act as an expert within their organization and act as a representative of their company as well. This person will have a variety of responsibilities, including managing daily operations within their company, managing various departments within the organization, reporting to the CEO and directors regarding company performance, providing leadership among managers within the company, developing the company’s strategy, implementing various policies, reviewing policies, developing budgets, implementing budgets, supervising marketing, motivating staff, and preparing financial reports. This person should possess natural leadership skills and be a true team player regarding the company. He or she should have excellent time management skills, professional communication skills, decision making skills, and critical thinking skills. A chief administrative officer must always maintain a professional demeanor and act as a true representative of their organization.
Chief Administrative Officer Tasks
- Oversee and direct administrative support services to align with corporate objectives; facilities, security, mail distribution, record management, and other office support services.
- Develop infrastructure, analyze current processes, recommend and implement procedural or policy changes to improve operations.
- Oversee facilities planning, maintenance and custodial operations internal or external service contracts.
- Handle contract procurement and negotiation.
- Plan, administer and control budgets for contracts, equipment and supplies; review operational reports.
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Popular Skills for Chief Administrative Officer
Survey results suggest that Chief Administrative Officers put a wide range of professional skills to use. Most notably, skills in Strategic Planning, People Management, Operations Management, and Human Resources are correlated to pay that is above average. Skills that pay less than market rate include Accounting, Office Management, and Project Management. The majority of those who know Human Resources also know People Management.
Pay by Experience Level for Chief Administrative Officer
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience seems to be a major factor in determining the incomes of Chief Administrative Officers. In this position, someone who has worked for fewer than five years can expect a median salary of $88K. The median for people with five to 10 years of experience is only a little bit higher at $98K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $119K. Seasoned veterans with 20 years under their belts enjoy a median income of $150K.
Pay Difference by Location
Home to some of the best pay for Chief Administrative Officers, Los Angeles offers exceptional salaries, 93 percent above the national average. Chief Administrative Officers will also find cushy salaries in New York (+67 percent) and San Francisco (+27 percent). Phoenix ranks last in the field for pay, reporting salaries 13 percent below the national average.
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Key Stats for Chief Administrative Officer
Rated 5 out of 5
based on 23 votes.