Whether you run a company or a household, time is often your most valuable resource.
Time is a CEO's most valuable resource — here are all the people the .01% hire to keep their households running smoothly
Wealthy families in New York City and around the world will shell out loads of money for the right household help.
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
Salary range:
Management team
Estate manager
• Salary range:
Executive house manager
• Salary range: $100,000 - $150,000
Assistant house manager
• Salary range:
Butler
Salary range:
Assistants
Executive assistant
• Salary range:
Junior executive assistant
• Salary range:
• Salary range:
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Chefs
Head chef
• Salary range: $
• Salary range:
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Housekeeping
Executive housekeeper
• Salary range:
• Salary range: $65,000 - $80,000
Ladies maid
• Salary range:
Family help
Baby nurse
• Salary range:
Nanny
• Salary range:
Governess
• Salary range:
Chauffeur
Driver
• Salary range:
Domestic couple
Salary range:
Tutor
Salary range:
Horseman
Salary range:
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