Are your administrative tasks taking to much of your time?
Are you looking for someone to help with your Marketing?
Why not use a Virtual Assistant (VA)?
With a Virtual Assistant:
- There is no need to hire full-time employees.
- You do not pay for office space, equipment or supplies.
- There are no overhead costs.
- You will not pay overtime or for downtime.
- There are no training costs involved.
- There are no hiring expenses such as advertising and interviewing.
- There is no need to pay vacation time, sick days or benefits.As an independent contractor I pay all my own taxes and business expenses.
COST COMPARISON Full-time Employee Virtual Assistant
Hourly Rate of Pay $20.00 $35.00
Fringe Benefits @ 35% $7.00 None
(Health/Dental/Life Insurance, Retirement Plans)
Overhead Rate @ 50% $10.00 None
(Office Space, Equipment & Office Supply Expense, UI Insurance, Worker’s Compensation, Overtime Pay, Administrative Costs)
Total Effective Rate of Pay $37.00 $35.00
**Hours Per Year 2,080 hrs. 480 hrs.
TOTAL ANNUAL LABOR COST $76,960.00 $16,800.00
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.
** Remember, with a Virtual Assistant, you only pay for the time and task by the minute! No more paying for socializing, lunch breaks or frequent trips to the restroom.
Your employee’s 8 hour day can be crunched into 3-4 hours with a Virtual Assistant. Simple 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 you 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!
*Source: Virtual Assistant Networking Association Cost Comparison – The Largest Global Meeting Place Online for Aspiring and Successful Virtual Assistants