• We have a vested interest in your success and we treat your business as if it was our own.
  • We form long-term business relationships with clients.
  • We work from our own office using our own computers, software, and office equipment, so there is no need for you to supply office space, computers, equipment, and supplies.
  • We are an independent contractors and we pay our own business related expenses and taxes.
  • You are billed only for the actual time and materials spent working on your projects.
  • You are contracting with an experienced professionals, able to complete work in a timely manner and to your satisfaction.
  • Your time is your money.  We help free up your time so you can spend it growing your business.
  • The need to hire an employee or bring in extra employees is eliminated.
  • We’re business owners and we understand what it takes to own and grow a business.

Why Not Hire An Employee?

  • Employers pay not only for the time an employee is actually working but also for down time, sick time, breaks, vacation time, and personal time.
  • Employers typically pay part, if not all, of health, dental, and vision benefits provided for their employees.
  • Employers must pay unemployment taxes.
  • Employers must carry workers compensation insurance.
  • Employers must match certain portions of an employee’s payroll taxes, such as Social Security and Medicare.
  • Employers must pay overtime.
  • Employers have certain legal responsibilities associated with employee policies.
  • Employers must provide office space and pay overhead costs associated with an in-house employees.
  • Employers pay for overhead costs such as, computers, desks, office space, and supplies.

The reality is, employees can cost double their annual salary when you take benefits and overhead into consideration as well as down time, and vacation, personal, and sick time.  If you are paying an employee $20 an hour, a 40-hour work week can end up costing you up to $1,480.

On the other hand, when you work with a virtual assistant, you are charged only for the time spent working on your projects.  A virtual assistant’s livelihood depends on being more experienced and more efficient at completing projects in a timely manner.  Therefore, they typically complete tasks and projects in half the time it takes in-house employees.  What does this mean for you, the client?  Rather than hiring an employee to work 40 hours a week at a total cost of $1,480, you can contract with a virtual assistant at $40 an hour for 15 to 20 hours a week, get better results, and your cost will be between $600 and $800.

Cost Comparison:
Full Time Employee vs Independent Contractor

COST COMPARISON
Full-time
Employee
Virtual
Assistant
Hourly Pay Rate
$20.00
$40.00
Fringe Benefits @ 35% (Includes Health/Dental/Life Insurance, Retirement Plans)
$7.00
None
Overhead Rate @ 50% (Includes Office Space, Equipment & Office Supply expense, UI Insurance, Worker’s Compensation, Overtime Pay, Administration Costs)
$10.00
None
Total Effective Hourly Rate of Pay
$37.00
$40.00
Hours Per Year Based On: 40 Hours Per Week For Full-Time Employee20 Hours per Week for Virtual Assistant
2,080 hrs.
1040 hrs.
TOTAL Annual Cost of Labor
$76,960.00
$41,600.00

 

As you can see from the chart above, the difference in cost of $35,360 a year between an in-house employee and a virtual assistant is significant.  By utilizing the services of a virtual assistant, you can greatly increase your bottom line.