Why Would Anyone Hire a VA?

When I tell people that I work as a virtual assistant, many times people are confused. Why would any one hire a virtual assistant when they can easily pick a local person to take care of their needs?  How do you know that the person will even get any work done without you standing over their shoulder? And most of all, why would anyone want to hire me to work for them in this capacity?

I wish I had found the resources that are available a lot earlier than I did. One thing that always burned me up when I worked at Morgan Stanley and other large companies was their total inflexibility with even flex-time. Most things that are done in offices can just as well be done remotely, as all the companies who have outsourced to India do happily every day. My beef, even back in the 1990s, was why couldn’t I stay home and do the transcription, Powerpoint slides, etc.? What’s the difference?

Well, my new favorite website is the VANetworking site. And they had this really great calculator that they generously share with other VAs to prove the point that not only are we more cost effective, but we get the job done correctly which is more than I can say for India. (One day I’ll share my husband’s frustrations with his dealings with overseas staffing!) So, here’s one very real reason to consider hiring a VA if you are a small business owner. And it also provides people considering entering the VA arena an idea of just how money they can make from the comfort of their own homes.

Full-time Employee vs a Virtual Assistant Cost Comparison

Want to SAVE over $60,000 in business expenses this year?
If you answered yes, read on …

A cost comparison for a full-time employee
versus a Virtual Assistant

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
None
Overhead Rate @ 50%

(Office Space, Equipment & Office Supply expense, UI Insurance, Worker’s
Compensation, Overtime Pay, Administration Costs)

$10.00
None
Total Effective Rate of Pay
$37.00
$35.00
**Hours Per Year
2,080 hrs.
480 hrs.
TOTAL Annual Labour Cost
$76,960.00
$16,800.00

Difference = $60,160.00 per year

By hiring a Virtual Assistant …You SAVE over $60,000.00 per year!

Although the Virtual Assistant’s hourly rate is more than the employee’s rate in the first place, you save the cost of benefits and overhead that would have to be applied to the new employee’s wage. And, because Virtual Assistant’s are usually more experienced, more efficient, and better connected than the employee, you’ll need to devote far less time to the project to get the same results, only 480 hours a year versus 2,080 for the new employee.

**Remember, with a Virtual Assistant, you only pay for the time on task by the minute! No more paying for socializing, hour long lunches or frequent trips to the washroom.

Your employee’s 8 hour day can be crunched into 3-4 hours with a Virtual Assistant.

Simply put, you should contract with a Virtual Assistant because it’s more cost-effective and Virtual Assistants go above and beyond the normal assistant’s duties to impact your own productivity. No task is too big or small for a Virtual Assistant to handle. Even if you only have 1 hour of work a month for a Virtual Assistant to do, a VA can (and will) do it.

Visit www.kafellc.com to find out more.

*Source: Virtual Assistant Networking Association Cost Comparison

The Largest Global Network Online for Successful and Aspiring Virtual Assistants

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One Response to Why Would Anyone Hire a VA?
  1. Chana Egner
    April 18, 2010 | 4:21 pm

    I’ll be back again, thanks for the info.

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