subject: Advantages Of Hiring A Virtual Assistant Over A Regular Full Time Employee [print this page] With the advancement in technology nowadays, hiring a Virtual Assistant can be one of the wisest and money saving decision that you could have made recently. Most of the companies are starting to encourage work from home strategy to cut down the travel and energy expenses.
Due to the significant difference in salary and other costs related to hiring a regular full time employee, more and more businesses are starting to hire virtual assistants. In most of the cases you will only be paying less than half the salary of what you would be paying for a regular employee and also there are several other ways in which you could save money. Some examples are costs related to health and medical benefits, vacation pay, holiday pay, travel allowances, food allowances, office supply expenses etc.
Providing health and medical benefits have been a nightmare to many companies now since the cost for providing these benefits went up 22% compared to 7 years ago. In order to survive, many companies are reducing the benefits provided to the family members of the employee or charging the employees a significant additional amount to cover their family members. The beauty in hiring a virtual assistant is that you don't even have to worry about any of these costs.
On an average, an employer spends anywhere from $4000-$7000 as additional benefit expense on a regular employee who makes $40,000 a year. This would cover the salary of a virtual assistant for 4-5 months depending on their location, qualification and skills. There are many virtual assistants who offer their service in the range of $7-$15 per hour. This could vary a little bit depending upon your requirements.
Another thing to look out is whether you would want to hire an individual virtual assistant or a company which provides virtual assistant services. The answer depends on the type and quality of service which you would expect from the virtual assistant. I'll review the benefits of hiring a virtual assistant company over an individual VA in my next month's article.