COST
COMPARISON
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
|