| Topic Name: |
RIF - Admin Staff |
| Message Name: |
MDs handling their own admin |
| Date Posted: |
12/23/2005 |
| In Reply To: |
I think you folks are over analyzing this situation. Although I feel sad that admin staff have to go, we should have never hired most of them in the first place.
Most of them are personal concierges for MDs; doing there T&E, making reservations, and setting up conference calls. Although there salaries may be low, they have the same overhead expense as a chargeable consultant.
It makes more sense to hire someone who you can make money off of and let the MDs do there own admin work or even better delegate it to an MA who could also be chargeable on a client project. |
| Message: |
I did my own admin for my first 2 years as MD - and it was pretty stupid in retrospect. I can't believe how much time I spent calendaring, T&E, invoicing, etc etc. I work insane hours as it is - spending even a few on anything that can be handed off is just dumb. Instead I should be active on big-ticket issues, mentoring, negotiations, etc.
Does anyone here really thing it's too much to spend $20/hr for admin help against a common $10MM annual MD revenue+sales target? I've read a lot of ignorant crap here but this is just so foolish.
The parent article uses the term "personal concierge" - that's exactly right - anything I can have my admin do, she should do - I'm not wasting the time saved; I'm working.
And of course it's just as dumb not to provide support for our staff. Throw receipts into a mailer, scribble a timesheet, and send it all off to someone making $4/hr to enter it - use the time for work or relaxation, either way it's great ROI for BE.
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