Chief Administrative Officer Salary
Chief Administrative Officers in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $111K) surpassing six figures annually. In the world of Chief Administrative Officers, total cash compensation can vary between $60K and $234K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $53K and $63K, respectively. Residence and career length each impact pay for this group, with the former having the largest influence. Female Chief Administrative Officers survey participants are more prevalent than men — 64 percent of professionals. Medical benefits are awarded to a large number, and the larger part earn dental coverage. Job satisfaction is high and work is enjoyable for most Chief Administrative Officers. The numbers in this rundown were provided by PayScale's salary survey participants.
|Salary||$62,329 - $198,929|
|Bonus||$986 - $52,711|
|Profit Sharing||$-0.49 - $63,023|
|Total Pay (||$60,094 - $233,601|
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.
Popular Skills for Chief Administrative Officer
Chief Administrative Officers generally report applying a varied skill set to their work. Most notably, skills in Strategic Planning, People Management, Operations Management, and Human Resources are correlated to pay that is above average, with boosts between 5 percent and 19 percent. At the other end of the pay range are skills like Accounting, Office Management, and Project Management. It is often found that people who know Human Resources are also skilled in People Management.
Pay by Experience Level for Chief Administrative Officer
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Chief Administrative Officers generally obtain higher compensation for more plentiful past experience. Whereas the median salary for inexperienced employees is approximately $93K, incomes in the five-to-10 year group are significantly higher, averaging to the comfortable six-figure sum of $101K. Chief Administrative Officers bring in $119K after working for 10 to 20 years. Average wages for folks with more than 20 years of experience come out to around $157K.
Pay Difference by Location
Home to some of the best pay for Chief Administrative Officers, Los Angeles offers exceptional salaries, 91 percent above the national average. Chief Administrative Officers will also find cushy salaries in Boston (+73 percent), New York (+68 percent), Seattle (+29 percent), and San Francisco (+26 percent). Compared to the national average, Virginia Beach Chief Administrative Officers have considerably lower salaries, 24 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Employers pay around 14 percent less in Phoenix and 2 percent less in Chicago, below-median salaries for those in this field.
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Key Stats for Chief Administrative Officer
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