The richest people in the world pay everyone from nannies to chefs to keep their household running smoothly — and it can cost millions of dollars a year

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, domestic 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.

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Chief of staff

Salary range: $200,000 - $500,000

Management team

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

Salary range: $80,000 - $120,000

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Contributer : Tech Insider http://ift.tt/2BQuNGV

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