The role of chief of staff is an essential one, as it involves overseeing and directing all administrative, financial, and operational activities for the president, CEO, or other executive of the organization. If you're considering becoming a chief of staff or are looking to advance your career, it's important to understand the position, career path, and salary potential of a chief of staff. This role originated in politics and the military, but is now increasingly being adopted by executive directors. An executive assistant can help with scheduling and administration, but many CEOs need additional support.
As a chief of staff, you act as a point of contact or guardian between top management and other interested parties. When new CEOs with a mandate for change take over a company, they often spend time reshaping its strategy and determining the type of culture needed to succeed. The level of CO that a leader needs depends on the challenges faced by the organization and the magnitude of the change that the CEO is trying to promote. The salary estimates for a chief of staff are based on 2,612 salaries submitted anonymously to Glassdoor by an employee in this role.
However, a former chief executive who now advises boards of directors argues that many chief executives need a chief of staff (CO), someone who goes beyond the role of executive assistant to help keep the office running smoothly. If you're considering becoming a chief of staff, it's important to understand what this role entails and what kind of salary you can expect. The job requires excellent organizational skills and an ability to think strategically. You must be able to manage multiple tasks at once and be comfortable working with senior executives.
You should also have strong communication skills and be able to work well with people from different backgrounds. The salary for a chief of staff varies depending on experience and location. According to Glassdoor, the average salary for this role is $90,000 per year. However, salaries can range from $60,000 to $150,000 per year depending on experience and location.
In addition to salary, many companies offer bonuses and other incentives such as stock options or health benefits. The job outlook for chief of staff is positive as more companies are recognizing the importance of having someone in this role. As companies continue to grow and evolve, they will need someone who can help them navigate the complexities of their business operations. With the right skills and experience, you can become an invaluable asset to any organization.