Want to SAVE MONEY in business expenses this year?
Then read on to find out how …
|Hourly Rate of Pay||£15.00||£25.00|
|Fringe Benefits @ 35%
|Overhead Rate @ 50%
(Office Space, Equipment and Office Supply expense, Insurance, Compensation, Overtime Pay, Administration Costs)
|Total Effective Rate of Pay||£27.50||£25.00|
|**Hours Per Year||2,080 hrs||480 hrs|
|TOTAL Annual Labour Cost||£57,200.00||£12,000.00|
Difference = £45,200.00 per year
By hiring a Virtual Assistant…
You SAVE over £45,000.00 per year!
Although the Virtual Assistant’s hourly rate is more than the employee’s rate, you save the cost of benefits and overheads that would have to be applied to the new employee’s wage.
Furthermore, Virtual Assistants are usually more experienced and more efficient than the employee. Plus you will 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.
What is also vital to remember is that with a Virtual Assistant you only pay for the time on task by the minute! You don’t pay for socialising, hour long lunches, frequent trips to the bathroom or cigarette breaks.
So your employee’s 8 hour day can be crunched into 3-4 hours with a Virtual Assistant.
Thus hiring a Virtual Assistant is more cost-effective. Also a VA will 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. You wouldn’t be able to hire a temp for just 1 hour but you can hire a Virtual Assistant for 1 hour. Save money now and request a quote below.
*Source: Virtual Assistant Networking Association Cost Comparison
(Converted from $ to £)
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