VAs Work Out Cheaper Than Employees or Temps

VAs are self-employed so clients do not pay their tax, insurance or benefits, and there’s no need for extra office space or equipment. VAs also tend to be more productive since they do not have the distractions of working in a busy office.

Real-life examples demonstrate that VAs can cover the same work for half the cost of a permanent employee.

Cost Element	Full–time Employee	Virtual Assistant
Hourly Rate of Pay (Based on PA salary £22,000 pa)	£13.85 /hr*	£20 /hr
Fringe Benefits @ c.35% (eg. Health/Life Insurance, Pension, etc)	£4.85 /hr	Nil
Overheads @ c.40% (eg. Space, Equipment, Supplies, etc)	£5.55 /hr	Nil
Effective Rate of Pay	£24.25 /hr	£18 /hr
Total Paid Hours	1589 hrs*	1162 hrs**
ANNUALISED EMPLOYEE COST	£38,533	£20,916
Training Costs (Based on 5 training days per year)	£848	Nil
Management Supervision 2 hrs/wk (Based on Owner/Manager salary £50,000 pa)	£5,511	Nil
ANNUALISED TOTAL EMPLOYMENT COST	£44,892	£20,916

* Assumes 7 hr working days and 33 paid non-productive days (20 Holidays, 13 Bank Holidays).

** Assumes typical employee profile of 80% productivity and 80% capacity, with full VA cover.

Benefit from more efficient working practices

When you first hire a VA you have no idea how efficient they will be and how much time it will take them to complete a task. A low Hourly Rate is not a reliable indication of the final cost. That's why trial periods are so important.

With Office Lifeline, you have a team of professional people connected by IT systems that enable efficient working practices. Our highly experienced VAs make good use of technology to work faster and smarter, keeping turnaround times short and the final cost low. Rest assured, we are efficient.

Find out more about the benefits of outsourcing by reading case studies, articles and our LifeSaver Blog.

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