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Chief of Staff Association Releases 2022 Compensation Report

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New York, New York–(Newsfile Corp. – December 8, 2022) – The Chief of Staff Association (CSA) has released the findings of the first compensation report reviewing remuneration packages of one of the world’s fastest-growing professions.

Chief of Staff Executive Education Programme, University of Oxford

The findings show $185,000 per annum is the average compensation of chiefs of staff. It also found 30% of chiefs of staff earn $250,000 or more, and the highest-paying sector is healthcare and pharmaceuticals, where the pay averages $245,000.

The Chief of Staff Association commissioned the survey in the third quarter of 2022, with 244 members participating. CEO Trent Smyth said, “We commissioned the broadest and deepest compensation report to gather data specific to this profession. At the CSA, we want to raise the profile of the chief of staff role and ensure it is well understood, represented, and recognised.”

The position is often misunderstood despite the fact it has long been established in the military and political offices and is now growing rapidly across major corporations and not-for-profit organisations. The research revealed: “One in three respondents said they are unsure if they are fairly compensated, which speaks to the very point of the report. This report helps our members to gauge better whether or not they are remunerated appropriately,” said Trent.

UK chief of staff Rodney Leon believes the number of roles is expanding due to pressures in the workplace: “I think the popularity of the chief of staff role is, in large part, due to the ever-increasing complexities that c-suite executives are required to deal with. I believe leadership can be a lonely endeavour, and the appointment of a chief of staff could be due to the adage, a problem shared is a problem halved.”

Fellow CSA member Peter Norton agrees: “A good chief of staff can provide another pair of hands, eyes and ears as well as extra brain capacity to reduce a leader’s overall cognitive load. When things are working well, and the executive and chief of staff have perfected the ‘no touch pass’ the two can add up to far more than the sum of their parts.”

Despite many CSA members performing the chief of staff role, not all hold the chief of staff title, which is proving costly. Survey respondents with a “chief of staff” job title received significantly higher compensation than those without the title, earning $191,700 on average against $159,600 respectively.

Education is also a factor with the average compensation for chiefs of staff who finished only high school at $124,000. The compensation then goes up to $174,000 for a bachelor’s degree, $190,000 for a master’s, and an average of $243,000 for doctorate degree holders.

The survey found those in North America earn more with an average remuneration package of $198,300, compared to $147,400 for respondents outside of the region. Industry data was also collected revealing the average compensation for chiefs of staff in pharmaceutical companies averaged $245,800, followed by the financial sector at $222,000, information technology at $209,600, and “others” at $206,800. Chiefs of staff in the education and non-profit sectors earn an average of $140,700, while business development roles (consulting, marketing, public services, and human resource) earn $138,400 annually.

To download the report go to: csa.org/compensation22/.

About The Chief of Staff Association

The Chief of Staff Association is the largest membership organisation for chiefs of staff in the world, with members occupying positions of influence in more than 45 countries.

The CSA is the only professional association that can issue the industry-recognised Certified Chief of Staff™ and Master Chief of Staff™ credentials.

Media contact

Melanie Slade, Chief of Staff Association Communications Director
+1 (917) 804 2077
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147423

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Exverse debuts its token on Bybit ahead of the FPS game’s launch

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Exverse, a free-to-play game bringing a fresh take on AAA first-person-shooters to Web3, announces the launch of its native $EXVG token on ByBit, a top-three crypto exchange by volume with over 20 million users. The ByBit launch will be followed by spot listings on the MEXC and Gate exchanges. Ahead of its full alpha launch in mid-May, Exverse hosted a soft-launch tournament for 5,000 early registrees on April 15 with cash rewards for top performers.

During the last bull run, Web3 games rose to prominence under the play-to-earn mechanism that made games like “Axie Infinity” so popular. As this model became widely replicated, many of these blockchain-based games prioritized the crypto elements at the expense of the actual game aspects. This trend could be seen in practice by many titles opting to undergo a token launch before even having a working demo, disincentivizing developers to build a quality game, and leaving users with no ecosystem or functioning game to play and spend or the native currency in.

With Exverse approaching its full launch, players can earn $EXVG by performing well while using the native token to enter matches, purchase premium items, and more. The $EXVG token builds on Exverse’s extensive beta and serves as the ecosystem’s currency while the game’s community witnessed a 20 percent growth in verified signups within a month. Supporting Exverse in their token launch are prominent launchpads and incubators that include Seedify, ChainGPT, and GameFi.

To build momentum for its upcoming alpha launch in mid-May, Exverse showcased its game by holding an exclusive deathmatch-style tournament for 5,000 early wait listers on April 15. The five-day tournament, which took place on the game’s ‘Battle Planet,’ gives players a chance to demonstrate their skills and win rewards via stablecoins and tokens. With $50,000 in total up for grabs, the top 100 performers earned at least $200. Top five finishers earnings were dispersed accordingly:

1st place: $4,000
2nd place: $2,000
3rd place: $1,500
4th and 5th place: $1,000
Built using Epic’s Unreal Engine 5, Exverse utilizes blockchain technology to strike a balance between enjoyable, realistic, and immersive real-time gameplay. The game prioritizes skill over pay-2-win mechanics, enabling players to earn rewards by staking tokens before a season’s kickoff. Top performers receive a share of profits from in-game NFTs such as cosmetics and skins.

To support the ecosystem’s development, expansion, and growth while rewarding the team and its early supporters, 400 million $EXVG will be minted.

“We are extremely excited about our token launch and proud to work with a great partner like ByBit to make it happen,” says Fei Ooi Hoong, CEO of Exverse. “We worked tirelessly to develop a diverse, engaging, and intuitive first-person shooter capable of revolutionizing how the public views blockchain-based gaming. Our talented team tapped into its background in traditional gaming to develop a rich and immersive gaming experience and then strategically implemented the NFT elements and in-game economics to enhance the user experience.”

The post Exverse debuts its token on Bybit ahead of the FPS game’s launch appeared first on HIPTHER Alerts.

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Blockchain

39% of Canada’s institutional investors have exposure to crypto: KPMG

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According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.

The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.

KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.

Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.

Source: cointelegraph.com

The post 39% of Canada’s institutional investors have exposure to crypto: KPMG appeared first on HIPTHER Alerts.

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Blockchain

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

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The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.

Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.

Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.

Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.

Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.

Source: blockchain.news

The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.

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