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Cost Comparison Chart  

While the Virtual Assistant's hourly rate is generally more than the employee's rate, keep in mind that Clients do not pay for the cost of benefits and overhead that would be added to the employee's salary making their effective rate of pay $37/hour. Virtual Assistant's are more experienced, more efficient, and better connected than the employee. Your employee's 8 hour day can be crunched into 2-3 hours with a Virtual Assistant. 

Difference = $60,160.00 per year

COST COMPARISON

Full-time
Employee

Virtual Assistant

Hourly Rate of Pay *

$20.00

$35.00 *

Fringe Benefits @ 35%
(Health/Dental/Life Insurance, Retirement Plans)

7.00

0

Overhead Rate @ 50%
(Office Space, Equipment & Office Supply expense, UI Insurance, Worker's Compensation, Overtime Pay, Administration Costs)

10.00

0

Total Effective Rate of Pay

$37.00

$35.00

Hours Per Year

2,080 hours

480 hours

TOTAL Annual Labor Cost

$76,960.00

$16,800.00

* Hourly rates may vary depending on the service provided.

 

 


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