Not Too Late to Recognize Administrative Professionals in Money-Savvy Ways

Share Article

Bills.com Suggests Ways to Honor Administrative Professionals Week, April 23-29

This week, employers can honor administrative professionals with meaningful recognition that can improve their careers -- and their financial position -- now and in the future, according to Andrew Housser, co-CEO of Bills.com (http://www.bills.com).

Since 1952, Administrative Professionals Week has taken place the last full week of April (April 23-29 this year). According to a survey by the International Association of Administrative Professionals, many organizations offer lunch, flowers or candy for admin staff. Yet most of the nation's 4 million administrative professionals would prefer other rewards.

"Wisely, many administrative professionals would rather receive professional training opportunities that could enhance their careers, additional responsibilities delegated to hone their skills, or monetary rewards," noted Housser. He suggests several ideas to make Administrative Professionals Week more meaningful:

For Employers

1. Provide skill-building training. Ask administrative professionals and their managers what skills would enhance their work. What opportunities do they see to take on additional, more challenging work? Offer training in areas of interest, which may range from Web site development or programming to desktop publishing. "Training can challenge employees and increase their loyalty -- an important consideration in the current environment, with U.S. unemployment rates at a five-year low of 4.4 percent," Housser said.

2. Host internal training or a speaker. Organize an informative or humorous speaker for the entire organization, preferably coordinated by someone outside the administrative team. "If one of the administrative professionals you are honoring must organize the event, thank her or him with a substantial gift," Housser suggested.

3. Offer a bonus with a heartfelt card. "Businesses truly could not function without their administrative staffs, and everyone appreciates a sincere thank-you for their work," said Housser. "Ask supervisors to provide a handwritten card thanking administrative professionals for specific work -- and include a bonus check."

For Administrative Professionals

1. Suggest professional development. "If your company hasn't planned for Administrative Professionals Week, or if you typically are recognized with flowers, suggest a paid training course (and time to attend) for administrative professionals," Housser suggested. "Training improves your ability to do your current job and can make your work more interesting with increased responsibilities. It also makes you more marketable for future positions -- a lasting investment."

2. Multiply a bonus. Even $100 can make a difference in someone's future. Housser recommended using a bonus to help pay off a credit card bill: Minimum payments on a $1,000 debt at 18 percent interest will take more than seven years to pay off, while a one-time $100 payment will eliminate 16 months of payments. Or, invest the bonus in a retirement plan. Investing $100 in a vehicle that pays 10 percent interest will equal more than $730 in 20 years, even without adding another cent.

3. Invest in yourself. "Resolve to improve your professional skills as a gift to yourself," Housser said. "Evaluate your capabilities and where you could improve. Be sure you receive a regular evaluation from your manager as well. Each annual salary increase equates to a greater opportunity to pay off debt, save money, invest in a retirement fund and secure your future -- so make the most of your earning ability."

"For companies and employees alike, Administrative Professionals Week is an excellent time to make the most of your talent," Housser noted. "Wrap up April with a big thank-you to the professionals who make your company work -- and give yourself a pat on the back for doing business the smart way."

Based in San Mateo, Calif., Bills.com is a free one-stop online portal where consumers can educate themselves about complex personal finance issues and save money by choosing products and services including credit cards, debt relief assistance, insurance, mortgages and other loans. The company blogs about consumer finance issues at at http://www.bills.com/blog. Since 2002, Bills.com and its partner company, Freedom Financial Network, have served more than 15,000 customers nationwide while managing more than $350 million in consumer debt. The company's co-founders and CEOs, Andrew Housser and Brad Stroh, were named Northern California finalists in Ernst & Young's 2006 Entrepreneur of the Year Awards.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Aimee Bennett
Visit website