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Cost Comparison: Full-time Employee versus Virtual Assistant

Want to SAVE over $60,000 in business expenses this year? If you answered yes, read on ...

A cost comparison for a full-time employee versus a Virtual Assistant

 

COST COMPARISON
Full-time
Employee
Virtual Assistant
Hourly Rate of Pay
$20.00
$35.00
Fringe Benefits @ 35%
(Health/Dental/Life Insurance, Retirement Plans)
7.00
None
Overhead Rate @ 50%
(Office Space, Equipment & Office Supply expense, UI Insurance, Worker's Compensation, Overtime Pay, Administration Costs)
$10.00
None
Total Effective Rate of Pay
$37.00
$35.00
**Hours Per Year
2,080 hrs.
480 hrs.
TOTAL Annual Labour Cost
$76,960.00
$16,800.00

 

Difference = $60,160.00 per year

By hiring a Virtual Assistant...
You SAVE over $60,000.00 per year!

Although the Virtual Assistant's hourly rate is more than the employee's rate in the first place, you save the cost of benefits and overhead that would have to be applied to the new employee's wage. And, because Virtual Assistant's are usually more experienced, more efficient, and better connected than the employee, you'll need to devote far less time to the project to get the same results, only 480 hours a year versus 2,080 for the new employee.

**Remember, with a Virtual Assistant, you only pay for the time on task by the minute! No more paying for socializing, hour long lunches or frequent trips to the washroom.

Your employee's 8 hour day can be crunched into 3-4 hours with a Virtual Assistant.

Simply put, you should contract with a Virtual Assistant because it's more cost-effective and Virtual Assistants go above and beyond the normal assistant's duties to impact your own productivity. No task is too big or small for a Virtual Assistant to handle. Even if you only have 1 hour of work a month for a Virtual Assistant to do, a VA can (and will) do it.

Save Money and Hire Your Virtual Assistant Today!

 

*Souce: Virtual Assistant Networking Association Cost Comparison
The Largest Global Meeting Place Online for Aspiring and Successful Virtual Assistants

 

 


Virtual Assistants: Feel free to use this handy cost comparison on your website. Copy and paste the following HTML code into your website and format as you wish. Please leave our source URL link to our website intact if you wish to use our cost comparison chart on your website.

 

 

 
 

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VAnetworking has been a godsend for me and my future VA practice. When I first found this forum, I thought it was almost too good to be true! It's a place where VAs at all stages can share their knowledge, experience, expertise, concerns, and support. I don't know of many other industries that are so supportive of their competition!

I've been amazed at how quickly one can go from the "helpee" to the "helper" at VAN. You have all been so helpful to me...the least I can do is pass the torch to other emerging VAs! As I build my practice, I can't wait to share my real-life VA experiences with all of you! Get ready – I'm sure I'll have many more questions to ask when the clients start calling!

Thanks to Tawnya for providing such a wonderful place for us to network with each other, and thanks to all the moderators and volunteers who keep this forum running like a well-oiled machine! Last, but not least, thanks to all the amazing members here who make this forum so great! VAN is truly a virtual gold mine of information and support, and I'm so proud to be a miner!

Angela Smith

 


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