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Cost comparison
Save
over $24,000 per year!
A
Virtual Assistant can save your business
over $24,000 in expenses per year.
Here is a cost comparison for a full-time
employee versus a Virtual Assistant:
| COST COMPARISON |
Full-time
Employee |
Virtual
Assistant |
| Hourly Pay
Rate |
$20.00 |
$30.00 |
Fringe
Benefits @ 2%
(KiwiSaver) |
$0.40 |
None |
Overhead Rate
@ 50%
(Office space, equipment, office supply expense, holiday pay,
overtime pay, sick leave & admin costs) |
$10.00 |
None |
| Total
Effective Pay Rate |
$30.40 |
$30.00 |
| **Hours Per
Year |
2,080 hrs |
1,300 hrs |
| TOTAL Annual
Cost |
$63,232.00 |
$39,000.00 |
Difference = $24,232.00 per year
By hiring a
Virtual Assistant you can save your business over $24,000.00 per year!
Although a Virtual
Assistant's (VA) hourly
rate is more than an
employee's rate in the first place, you save the cost of benefits and overheads
that would have to be applied to a new employee's wage. VA's are usually more
experienced, more efficient, and better connected than an employee which means
you'll need to devote far less time to a project to get the same results -
only 1,300 hours a year versus 2,080 for a new employee.
** With a VA, you only pay for the time on task by the minute. You don't need to
pay for socializing, long lunches or frequent bathroom trips. Your employee's 8
hour day can be reduced to 5 hours with a VA.
Simply put, you should contract a VA because it's more cost-effective and VA's
go above and beyond a normal assistant's duties to impact your own productivity.
No task is too big or small for a VA to handle. Even if you only have one hour
of work a month for a VA to do, a VA can (and will) do it.
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