Many of you are not sure
if hiring a REVA (Real Estate Virtual Assistant) is cost effective or if you
should just consider hiring an in-house assistant.
Below is a chart that you
can use to see a side by side comparison of how a REVA stacks up to the
Employee. I think in the end you will see how much of a savings you are getting
by utilizing the new age assistant over a traditional employee.
Another thing to remember
is when you hire a REVA you are ONLY
charged for the actual time
that your REVA spends on your task. Meaning you are not paying for idle time,
bathroom breaks, time spent for personal phone calls etc.
Cost Comparison
| |
Virtual
Assistant
|
Full-time
Employee |
| |
|
|
|
Hourly Rate of Pay
|
$30.00*
|
$17.00
|
|
|
|
|
|
Benefits @ 35%
(Dental, Health, Sick Days etc.)
|
none |
$5.25
|
|
Overhead @ 50%
(Office Space, Equipment & Office Supply expense, UI Insurance,
Worker's Compensation, Overtime Pay, Administration Costs)
|
none |
$7.50
|
|
Vacation Pay @4%
|
|
$0.60
|
|
|
|
|
|
Total Effective Rate
|
30.00 |
30.35
|
|
Hours Per Year
|
780 |
2080
|
|
Annual Bonus
|
|
1000.00
|
|
Total Annual Labour Cost
|
$23, 400.00
|
$64, 128.00
|
You Save $40, 728 per year!
*rates are example only
Skye Hawk
At Your Service!
Virtual Assistant Specialist
www.atyourservice-va.com
;)
;)
Hi Skye, I have been considering adding a second assistant, thinking of moving? Nice layout.