|
Pricing
A virtual assistant's services can average anywhere between $15 - $65 a hour, some lower and some higher. Let's compare this with the cost of hiring an employee. An employee's actual cost is 2 - 2.5 times their salary. Let's factor in some of the inevitable expenses that come with hiring an employee.
-
Health/Dental/Vision Benefits
-
Equipment and Space
-
Supplies
-
Retirement Plans
-
Insurance
-
Unemployment
-
Taxes (Virtual Assistants are self employed and pay their own taxes)
-
Overtime Pay
-
Someone to administer and oversee all the above.
Here is a case example of hiring an employee vs. hiring an experienced VA charging $25 an hour.
|
The Emloyee |
The Virtual Assistant |
| Hourly Pay Rate - $12.00 |
Hourly Pay Rate - $25.00 |
| Fringe Benefits @ 35% + 4.20 |
Total Effective Pay Rate- $25.00 |
| Overhead Rate @ 50% + 6.00 |
Hours Per Year 1,040 |
| Total Effective Pay Rate:$22.20 |
Total Anual Cost $26,000 |
| Hours Per Year x 2,080 |
|
| Total Annual Cost -$46,176.00 |
|
You still save almost $20,000 a year by contracting with a Virtual Assistant rather than hiring a full-time employee. You save the cost of benefits and overhead that would have to be applied to the new employee's wage. Not only that, but because Virtual Assistants are more experienced, more efficient, and better connected than the employee, you need to devote far less time to projects to get the same results, 1,040 hours a year vs. 2,080 for the new employee.
Your employee's 8 hour day can be crunched into 3-4 hours with a VA.
You should contract with a VA because it's more cost - effective and VAs go far beyond the normal assistant's duties to impact your own productivity. No task is too big or too small for a VA to handle. Even if you have only 1 hour of work a month for a VA to do, a VA can and will do it. Virtual Assistants let you focus on the things that are most important to you; the business aspect, while VAs handle the paperwork and planning - the other duties that can eat away at your time and productivity.
| If you have a project or service that you need and don't see it listed, that does not mean we can't offer it to you. Please use the form below to submit a request. |
|
