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Typical costs of maintaining a Full Time Administrative
Assistant versus a Virtual Assistant requiring
none of the costs
listed.
Click here for the results of an independent study by
Salary.com
| Typical Salary |
|
$36,000/ $17.31/hr. |
| Paid Vacation |
|
$1385 |
| Temp during Vacation |
|
$2000 |
| Health Insurance
(employer portion 12 mos.@$150) |
|
$1800 |
| Parking (12
mos. @ $50) |
|
$600 |
| FICA Taxes
(7.65%) |
|
$2754 |
| Worker's Comp.
(.61%) |
|
$220 |
| Unemployment
(State & Fed) |
|
$309 |
| Misc. costs
(Vision, Dental, Disability & 401K Matching, Profit Sharing &
Stock Options) |
|
$??? |
Office Space for Secretary
100 s.f. @ applicable rate |
|
$2500
$25/s.f. is conservative |
Cost of Overtime Pay
(10hrs/ mo @ 50% premium) |
|
$3115 |
| Idle time during employer's absence
(min. 2 wk vacation included for employer) |
|
$1500 |
| Annual Bonus
(1 mo. salary) |
|
$3000 |
| Sick Time (10
days/year) |
|
$1385 |
| Other intangible costs
(furniture, testing, training & fees, sick
children, etc.) |
|
$1200
Conservative figure |
| Total Typical All In Costs |
|
$57,768/$27.77/hr.
1.60 times salary |
| 100% productive
hourly rate |
|
$27.77/hour |
| 75% productive
level |
|
$37.03/hour/$77,022 |
| 50% productive
level |
|
$55.55/hour/$115,544 |
Note-Full time staff is seldom 100% productive due to
idle time between tasks, personal matters, inability of employer to generate
work for staff because of distractions, meetings and commitments.
Depending on the productivity level of the full time
employee, you may be paying over 3 times their actual salary. You do
the Math! What's the Smart Choice? YourMVA.com is the choice to make.
The hourly rate for our services varies depending on the
complexity of the work. We offer an affordable range in line with the
level of excellent services provided. We encourage partnering
relationships with our clients for extended time frames. This results
in the best rates. Our retainer clients that we partner with realize
significant savings by partnering with us as well as enhanced availability.
Retainer clients agree to partner with us for a minimum of
three months, with a mutually agreed upon 30 day termination notice if that
becomes a necessary choice by either party. Clients choose a
retainer package that provides the number of hours they need and additional
hours are available at the retainer rate. All retainer payments are
made in advance on a monthly basis. Payments not received by the 10th
of the month are re-billed at our premium rates.
Contact us
for additional details.
 
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