If you're going to delegate something to others, delegate authority. Give them the authority to take full control of everything they're responsible for. Otherwise, why did you hire them?
Don't focus on what you think you deserve based on title, position or rank. Focus on the responsibility that comes with it. Focus on the responsibilities that should never be delegated to others.
Delegating your work to someone else is managing.
Delegating authority while keeping your responsibility is leadership.