Administrative Assistant Salary at Pension Reserves Investment Management BETA

How much does a Pension Reserves Investment Management Administrative Assistant make?

As of December 2024, the average annual salary for an Administrative Assistant at Pension Reserves Investment Management is $50,778, which translates to approximately $24 per hour. Salaries for Administrative Assistant at Pension Reserves Investment Management typically range from $46,061 to $55,759, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Pension Reserves Investment Management Overview

Website:
mapension.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Insurance

The Pension Reserves Investment Management ("PRIM") Board is charged with the general supervision of the Pension Reserves Investment Trust ("PRIT") Fund, created by legislation (Chapter 661 of the Acts of 1983) to accumulate assets through investment earnings and other revenue sources in order to assist the Commonwealth in reducing its unfunded pension liability, and likewise to assist local participating retirement systems in meeting their pension obligations. The PRIT Fund is a pooled investment fund that invests the assets of the Massachusetts Teachers' and State Employees' Retirement Systems, and the assets of county, authority, district, and municipal retirement systems that choose to invest in the PRIT Fund. The nine-member PRIM Board acts as trustee for each retirement system that invests assets in the PRIT Fund. PRIM's mission is to provide a professional investment service that maximizes the return on investment within acceptable levels of risk by broadly diversifying its investment portfolio, capitalizing on economies of scale to achieve cost-effective operations, and providing access to high quality, innovative investment management firms, all under the management of a professional investment staff and members of the PRIM Board and its Committees.

See similar companies related to Pension Reserves Investment Management

What Skills Does a person Need at Pension Reserves Investment Management?

At Pension Reserves Investment Management, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  2. Administrative Support: Administrative support means technical assistance, studies, surveys, or securing volunteers to assist the department in fulfilling its administrative responsibilities.
  3. Scheduling: Scheduling is the process of arranging, controlling and optimizing work and workloads in a production process or manufacturing process.
  4. Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
  5. Attention to Detail: Executing and completing a task with a high level of accuracy.

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Check more jobs information at Pension Reserves Investment Management

Job Title Average Pension Reserves Investment Management Salary Hourly Rate
2 Accounting Assistant $47,312 $23
3 Compliance Analyst $91,463 $44
4 Director, Risk $153,786 $74
5 Investment Operations Analyst $127,264 $61
6 Board Member $94,584 $45
7 Executive Assistant $83,388 $40
8 Investment Analyst $94,721 $46
9 Investment Officer $114,236 $55
10 Receptionist $37,334 $18
11 Director, Client Services $194,757 $94
12 Director, Communications $177,223 $85

Hourly Pay at Pension Reserves Investment Management

The average hourly pay at Pension Reserves Investment Management for an Administrative Assistant is $24 per hour. The location, department, and job description all have an impact on the typical compensation for Pension Reserves Investment Management positions. The pay range and total remuneration for the job title are shown in the table below. Pension Reserves Investment Management may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $50,778 look to you?

FAQ about Salary and Jobs at Pension Reserves Investment Management

1. How much does Pension Reserves Investment Management pay per hour?
The average hourly pay is $24. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Pension Reserves Investment Management?
According to the data, the highest approximate salary is about $55,759 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Pension Reserves Investment Management?
According to the data, the lowest estimated salary is about $46,061 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.