Admin Support Services: Role of Executive Assistants

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The global executive assistant market is projected to reach $19.3 billion by 2027. Find out how Admin Support Services fit into that growth.

Executive assistants do nearly 40 percent of daily work of a chief executive officer. This includes management of schedules, arrangements of trips, communication with stakeholders and the preparation of reports to assist internal use. The use of structured Admin Support Services within 90 days yields a significant leadership increase in productivity of the companies.

What Does an Executive Assistant Actually Do Day to Day?

Executive assistants are prone to being thought of as being little more than schedule management. In fact, things are otherwise.

The role of a senior EA in a Chicago-based logistics company (mid-size) consisted of the interdepartmental project schedules, vendor agreements, and the companies communicating with the C-suite. Almost 12 hours a week was back to her management.

The preparation of executive briefings, the organization of board meetings, monitoring action items, and the screening of priority e-mails are typical activities. It is also possible that some EAs manage funds less than 50,000.

This position requires quick thinking, dexterity and discretion. More than merely available.

Why Are Businesses Choosing to Hire Admin Support Services Agency?

The average yearly cost of employing in-house EAs in the US is from $55,000 to $85,000. That figure is not inclusive of time in boarding, training, or perks.

The savings in administrative cost of an Austin-based SaaS business which chose to Hire Admin Support Services agency amounted to a six-month cut amounting to 38 percent. The EA who would be specialized in the IT business was hired. The onboarding was done promptly. Minimized HR overheads.

Agencies employ professionals who are skilled in their domain, following due screening. It lessens the need for trial and error. Firms have faster outcomes.

Owing to this fact, the global outsourced administration market had an estimated valuation of over 14 billion in 2023.

How Do Executive Assistants Support Business Decisions?

EAs sort and filter data before it gets to the decision-makers.

An investing business based in the UK was able to compile weekly competitor briefs with the help of its EA. Leadership was able to identify quicker and better informed meeting decisions in three months. There was an improvement in deal turnaround of 22%.

Data organizing and meeting summary preparation, as well as research assistance, are all quality examples of high-quality administrative support services. An effective multiplier of productivity is a business environment understanding EA.

Why Do Companies Hire Admin Support Services from India?

The number of them involved in assisting with operations, communication and company administration is great. When you Hire Admin Support Services from India, it may save up to 40 to 60 per cent of the companies as compared to using them in Western markets due to the large pool of skills.

A US based online retailer engaged an EA team in India to do executive scheduling, follow up and order escalations in three time zones. The response time has now gone below 90 minutes after six hours.

What Should You Look for in an Admin Support Services Company?

One day in history, a store brand outsourced to a robot virtual assistant company. In terms of executive messages, the assistants were unable to put the context of the communication into place, and were not competent enough at writing business.

Attempt to Hire Admin Support Services company that has specific understanding of your enterprise, simple to set up, and one on one consideration by account executives. Ask about some examples of similar work. Free trial (1 week).

The moment that you select the right firm their executive assistant will acclimatize to the work style of your boss. Congruence is a better important consideration than cost.

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