The chart below shows the real-dollar savings you can realize by partnering with a Virtual Assistant. Note: In-House Assistant data does not account for your cost to provide space, office equipment, software, training expenses, and paid non-productive time, such as breaks, lunch hours, personal calls, and water cooler chats. Full Time with Benefits / Part Time with No Benefits / Virtual Assistance | | % Yrly Sal | FT In House Assistant | PT In House Assistant | Virtual Assistant | | Hourly Rate | | $20.00 | $20.00 | $40.00 | Hrs per Week | | 40 | 20 | 5 | | Hrs per Year | | 2,080 | 1,040 | 260 | | Annual Salary | | $41,600 | $20,800 | $10,400 | Benefits Paid Leave Insurance Legally required Retirement/Savings Total Benefit Cost | *7.0% *8.1% *8.1% *4.3% | $2,912.00 $3,369.60 $3,369.60 $1,788.80 $11,440.00 | $0.00 $0.00 $1,684.80 $0.00 $1,684.80 | $0.00 $0.00 $0.00 $0.00 $0.00 | Annual Compensation | $53,040 | $22,484.00 | $10,400 | | Your Annual Savings | $42,640 | $12,084 | | | | *Data source: Department of Labor Statistics - June, 2006 (released September 22, 2006) | Paid Leave includes vacation, sick leave, holiday, other Insurance includes Life, Health, Short-Term, and Long-Term Disability. Legally required benefits include Social Security, Medicare, Federal and State Unemployment Insurance and Workers' Compensation.
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