Okay, let’s tackle this. So Nancy Rice has 26 years of experience as an Office Manager. That’s a long time, and in a field like administration, experience is key. According to the Bureau of Labor Statistics, the median annual salary for administrative assistants (which is what an Office Manager is) in the Memphis, TN area is around $40,000. However, with 26 years of experience, Nancy is likely in a senior role, and senior administrative professionals can command higher salaries. Let’s consider the industry standard for Office Managers. According to various sources, senior Office Managers can earn upwards of $60,000 per year. But Nancy’s experience and location (Memphis, TN) might affect her rate. Considering these factors, I’ll estimate her hourly rate to be around $40, which is slightly below the industry average but still reflective of her experience and location.