Virtual By Far


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VA -VS- EMPLOYEE

The decision to outsource your administrative and other business support tasks can be a tough one. While Virtual By Far would welcome the opportunity to partner with your company, we do realize that not every situation is suitable for an independent contractor relationship.

When cost is a factor in making your decision, keep in mind that hiring an employee does not necessarily save you money. Hiring an employee can quickly add up to 50% to your compensation expenses. Also, keep in mind that a full-time employee does not necessarily mean a full week of productive time. A 40 hour work week for an employee can quickly turn into a 15-20 hour week for a virtual assistant. Why? Because a virtual assistance does not charge you for idle time, lunch hours, sick days, vacation days, and personal time.

Due to the fact that Virtual By Far performs as an independent contractor we incur all the overhead expenses typically incurred by an employer. Overhead expenses such as office space, office furniture, supplies, telephone lines, and other such equipment required to run an effective, efficient business office whether it be in your office or outside the home.

FEES
Virtual By Far takes great pride in producing quality work within our client’s budget. Additionally, we recognize that each client situation is unique. Although our mission is to serve clients as their partner on a retainer package, we do offer hourly and project fees as well. Our hourly rate starts at USD $40.00 per hour.


Most clients find it beneficial and more cost-effective to secure our services on a retainer basis or, what we call, a Partner Package. You can choose from any of the following packages or we can customize one that’s just right for you.

  • Virtual Partner: 24 hours of virtual assistance per month
  • Executive Partner: 20 hours of virtual assistance per month
  • Limited Partner: 16 hours of virtual assistance per month
  • Business Partner: 8 hours of virtual assistance per month


What is the cost of hiring a full time Office Assistant versus associating with a Virtual Assistant?

Check the comparison below from www.salary.com for Charlotte, North Carolina


Benefits

Full Time Office Assistant 40 Hours/Week @ $21.54

Virtual Assistant 20 Hours/Week @ $40.00

 

Median Amount

% of Total

Median Amount

% of Total

Base Salary

$41,349

69%

$40,000

100%

 

 

 

 

 

Bonuses

$447

1%

$0

0%

 

 

 

 

 

Social Security

$3,197

5%

$0

0%

 

 

 

 

 

401K/403B

$1,513

3%

$0

0%

 

 

 

 

 

Disability

$1,020

2%

$0

0%

 

 

 

 

 

Healthcare

$5,390

9%

$0

0%

 

 

 

 

 

Pension

$1,354

2%

$0

0%

 

 

 

 

 

Time Off

$4,565

8%

$0

0%

 

 

 

 

 

TOTAL

$58,835

100%

$40,000

100%



A Savings of $18,835 annually!!!

By partnering with a virtual assistant for just four hours per week you gain 10% more time in front of your clients. If your time is worth $150 per hour that’s $600 a week you spend on administrative tasks. Partnering with Virtual By Far can save you hundreds of dollars per week. It’s like giving yourself a raise! Just think what the extra client time can do to increase your sales numbers!!




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