Time is a CEO’s most valuable resource — here are all the people the .01% hire to keep their households running smoothly

Estate managers can make up to $300,000 a year.

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Estate managers can make up to $300,000 a year.
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Dan Kitwood/Getty Images

Whether you run a company or a household, time is often your most valuable resource.

For those who can afford to, hiring help – from assistants to nannies to chauffeurs – can make life a lot easier.

Business Insider spoke with David Youdovin, the founder and CEO of Hire Society, a recruitment firm that helps high-net-worth individuals and families in New York City, the Hamptons, and Palm Beach, staff their homes and businesses.

“The vast majority of our clients are the .01% – they have multiple homes, private aircraft, and several members of domestic staff,” said Youdovin, who worked as a butler and estate manager for a billionaire family before founding Hire Society in 2012.

“There’s major altruism in putting good people to work with these families,” Youdovin said. “These salaries can be life-changing, especially for people not originally from the United States.”

Below, Youdovin provided us with a list of the most common positions wealthy families are looking to hire for, and how much they pay annually. Youdovin says the salaries range based on previous experience and references.


Chief of staff

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REUTERS/Olivia Harris

Salary range:$200,000 – $500,000


Management team

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REUTERS/Olivia Harris

Estate manager

• Salary range: $150,000 – $300,000

Executive house manager

• Salary range: $100,000 – $150,000

Assistant house manager

• Salary range: $80,000 – $110,000

Office manager

• Salary range: $100,000 – $175,000


Butler

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REUTERS/Olivia Harris

Salary range: $80,000 – $120,000


Assistants

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Shutterstock

Executive assistant

• Salary range: $90,000 – $185,000

Junior executive assistant

• Salary range: $60,000 – $80,000

Personal assistant

• Salary range: $75,000 – $125,000

Junior personal assistant

• Salary range: $60,000 – $80,000


Chefs

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Vivien Killilea/Getty

Head chef

• Salary range: $100,000 – $200,000

Sous chef

• Salary range: $75,000 – $95,000

Cook

• Salary range: $60,000 – $90,000


Housekeeping

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REUTERS/Robert Pratta

Executive housekeeper

• Salary range: $75,000 – $100,000

Housekeeper

• Salary range: $65,000 – $80,000

Ladies maid

• Salary range: $75,000 – $85,000

Laundress

• Salary range: $75,000 – $85,000


Family help

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Shutterstock

Baby nurse

• Salary range: $300 – $600 per day, per child

Nanny

• Salary range: $65,000 – $185,000

Family assistant

• Salary range: $60,000 – $90,000

Governess

• Salary range: $100,000 – $200,000


Chauffeur

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Carlo Allegri/Getty Images

Driver

• Salary range: $75,000 – $90,000

Executive protection

• Salary range: $90,000 – $120,000


Domestic couple

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Scott Barbour/Getty Images

Salary range: $125,000 – $300,000


Tutor

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Flickr / US Department of Education

Salary range: $100,000 – $150,000


Horseman

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Tedd Kidd/Flickr

Salary range: $60,000 – $80,000