VA to Employee Comparison
The chart on this page compares the cost of partnering with a VA for 20 hours a month to hiring a full-time employee. Ask yourself: which do you really need?
To VA, or Not to VA?
Full-Time, On-Site Assistant
(Employee) |
Virtual Assistant
(Owns Practice) |
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Base Cost (Est.)
|
$15.00 / hour x 2,080 hours(1)
= $31,200.00 annually |
$50.00 / hour x 240 hours(2)
= $12,000.00 annually |
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-plus-
|
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Benefits
|
15% of Base Salary = $4,680.00 |
$0.00
|
||
-plus-
|
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Time Not Worked(3)
(Vacation, Holidays, Illness, Lunches, etc.) |
13% of Base Salary = $4,056.00 |
$0.00
|
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-plus-
|
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Payroll Taxes
|
12% of Base Salary
= $3,744.00 |
$0.00
|
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-plus-
|
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Administrative Costs
(Recruiting, Hiring, Training, etc.) |
7% of Base Salary
= $2,184.00 |
$0.00
|
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SUB-TOTAL
|
$45,864.00
|
$12,000.00 + GST(4)
|
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-plus-
|
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Extras
(Cost of equipment, maintenance, supplies, computer & software, phone, furniture, etc.) |
$????.?? |
$0.00 (I pay for my own equipment, maintenance, supplies, computer equipment, software, etc.) |
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TOTAL |
> $45,864.00 |
$12,600.00 |