When you partner with a VA,
- There is no office equipment to purchase;
- No training or supervision necessary
- Payroll taxes are eliminated; and
- You will only pay for the time that you use (no down time,
vacation, personal/sick time, etc.)
In fact, the real cost of an employee normally is 2 1/2 times the
cost of a VA as illustrated in the table below.
|
The Employee |
The Virtual Assistant |
| Hourly Pay Rate |
$35.00 |
Hourly Pay Rate |
$40.00 |
| Add: Benefits @ 35% |
12.25 |
Add: Benefit @35% |
0.00 |
| Add: Overhead Rate at 50% |
17.50 |
Add: Overhead Rate at 50% |
0.00 |
| Total Effective Pay Rate |
$64.75 |
Total Effective Pay Rate |
$40.00 |
|
Multiply:
Hours per Year
(40 hrs x 52
weeks) |
2,080 |
Multiply: Hours per Year |
1,000 |
| Total Annual Labour Cost |
$134,680 |
Total Annual Labour Cost |
$40,000 |
Salary Wizard
Check the salary wizard to find the average salary for an Office
Manager in your area (most VAs fall in this category because of
their level of expertise). This does not include employer
taxes, benefits, equipment, overhead and so forth. Then,
contact us for a Virtual Rate Quote to find out how much you will
save by partnering with a Virtual Assistant. Special retainer
packages are available and tailored to your needs.
|