As Bonnie Low-Kramen travels the world teaching Executive Assistants, she sees that the two most burning topics are compensation and support for professional development. As much as they would like to remain in their roles, they are being pursued by other companies enticing them with more money and annual training budgets.
In general, executive assistants in the United States are underpaid, some severely underpaid to the point of not being able to support themselves and yet hold a tremendous amount of responsibility in their roles.
There are many contributing factors as to why this is the case.
- The role is populated by 95-98% women
- They don't ask
- They don't know what the role is worth in their market
- They are not trained to negotiate
- There are genuine fears about asking for more money
- Fear of approaching HR
- Fear of losing their job
- Fear of rejection and being told "no"
- Fear of not being liked and viewed negatively
- Fear of not being "worth" more money because of not holding a college degree
While some of these fears are often irrational and do not have a basis in reality, many of these fears are, in fact, possible outcomes.
In this webinar, Bonnie is going to discuss how HR professionals can be instrumental in solving these problems and in so doing, benefit the company. How do we measure success? Improved morale, increased employee retention, higher productivity, and higher profits.
Why should you Attend:
Retaining staff is an important issue in our modern workplace and highly skilled Executive Assistants are in strong demand.
They are functioning as true executive business partners and viewed as part of the ELT - Executive Leadership Team. They are the right arms to their executives, the backbone of the company, the face of the company culture and as such, are a powerful, influential, and key constituency in the modern workplace.
Despite this reality, the hard truth is that EAs are not only underpaid, but they also have obsolete job titles, outdated job descriptions, and salaries that have not been adjusted in years. In addition, many are having to fight for training dollars in their effort to stay relevant and working at the top of their game.
These issues are chasing EAs away to make more money working for the competition.
In this webinar, Bonnie is going to discuss how to stop the revolving door of staff.
Areas Covered in the Session:
Who Will Benefit:
- We are in a time of change. The strong job market is causing EAs to question their salaries which are not matching their job descriptions
- Historically, EAs did not need professional development training but now it is a necessity
- Kinds of training available for EAs
- Impact of the #MeToo & #TimesUp movements on negotiations
- Impact of social media and crowdsourcing sites such as Paysa.com, Indeed.com and Glassdoor.com
- Trends towards annual training budgets being built in as part of comp packages
- HR Director
- HR Associates
- Company Managers
For 25 years, Bonnie Low-Kramen worked as the Personal Assistant to Oscar winner Olympia Dukakis and now travels the world educating, empowering, and inspiring. In May, 2019, Bonnie’s work was featured as a Forbes cover story. As the bestselling author of Be the Ultimate Assistant and the founder of Ultimate Assistant Training, she is one of the most respected leaders in the administrative profession. Bonnie is a columnist for Executive Secretary Magazine and is at the center of the movements to end workplace bullying and to close the wage gap. Named 2015 Educator of the Year by DEMA, the Domestic Estate Managers Association, Bonnie is known for her passionate commitment to be a catalyst for positive change in the global workplace. To date, she has spoken and taught in 14 countries. Clients include Starbucks, Amazon, PwC, AMC Entertainment, Dell, and MasterCard. Bonnie co-hosts the “Be the Ultimate Assistant Podcast” with Vickie Sokol Evans where they tackle the burning workplace issues. With trademark honesty and humor, she pulls the curtain back so that we can all lean in and excel at the very highest levels. Bonnie holds a BA from Rutgers University. A native New Jerseyan turned Floridian, Bonnie believes that you can’t be it if you can’t see it. She helps her audiences to see what is really happening in our modern workplace so that they can change the world.