Cost Comparison

Executive Virtual Assistance^{TM

Your Go-To Administrative Resource}

Your Subtitle text

How does this compare to hiring an employee?

EMPLOYEE COSTS (See VA Costs below)

Cost Description	Part-Time Employee	Full-Time Employee
Base salary (based on $20.00/hourly rate) 2,080 = full time hours/year	20,800	41,600
Benefits (15% of salary)	0	6,240
Vacation, holiday, sick time, lunch time, other unproductive time* (13%)	2,704	5,408
Payroll taxes* (12%)	2,496	4,992
Administrative costs** (7% - recruiting, training, records, severance pay)	1,456	2,912
Equipment, maintenance, supplies used by employees	1,950	3,900
Percentage of office rent for space used by employee	2,250	2,250
Total Annual Costs	$ 33,651/Year	$ 67,302/Year

*Source: US Chamber of Commerce

**Costs assume a stable staffing situation. High turnover will significantly impact annual costs.

VIRTUAL ASSISTANT COSTS

Cost Description	Retainer 1 15 HRS/MTH @ $55/HR ($825/Month)	Retainer 2 20 HRS/MTH @ $50/HR ($1000/Month)	Retainer 3 40 HRS/MTH @ $45/HR ($1800/Month)
Retainer (Based on 3 retainer options)	9,900/Year	12,000/Year	21,600/Year
Potential overage hrs (Based on 5 Hrs/Mth/Yr)	3,300/Year	3,000/Year	2,700/Year
Benefits	0	0	0
Vacation, holiday, sick time, lunch time, unproductive time	0	0	0
Payroll taxes	0	0	0
Administrative cost	0	0	0
Equipment, maintenance, supplies for your VA	0	0	0
Percentage of office rent for space used by your VA	0	0	0
Total Annual Costs	$13,200/Year	$15,000/Year	$24,300/Year

NOTE: The service provided by a VA is a tax-deductible expense. Effective 01.01.2012 I no longer offer Pay As You Go option.