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There
are numerous benefits when hiring a Virtual Assistant. Even
more benefits when you hire a team of VA's to assist you.
You Get a Team
With VBP, you have one point of contact but a
team at your fingerprints. All team members have been VA's for
over 6 years, myself having over 8.5 years in the field. Our
team is designed in such a way to eliminate any down time due to
illness, vacations or unexpected deadlines. Image all of our
expertise, with well over 50+ years of combined experience, just
an email or phone call away!
Cost -
Due to breaks, insurance,
vacation & sick pay, HR
experts have proven that an
employee will cost 2 to 2.5
times their salaries.
Meanwhile, VAs are
independent contractors so
the client is never
responsible for vacations,
insurance or taxes.
Furthermore, a VA only
charges for actual time
spent on a task, whereas an
employee often times stops
to take short breaks
or chat with fellow
employees.
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Training
-
Often requiring training
when hired, a VA is hired to
handle the particular tasks,
services and needs that the
client has. This saves both
money and time.
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Risk -
After providing valuable
training and having access
to company information,
on-site employees can easily
become your competition.
VA's, being located outside
of your area, are no threat
to becoming your
competition.
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Management -
Due to the range of duties
that on-site employees are
responsible for, on going
management is crucial so
that nothing is forgotten
and all tasks are being
completed as needed. A VA
requires very little, if
any, management because they
are specialized in
completing the tasks for
which they are assigned.
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Office Space -
Employees require their own
office space, not only
costing you money, but also
making it more difficult for
those that also work from
their home or remote office.
VA's require no office space
or equipment of any sort
from their clients.
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Focus
-
Being easily distracted by
all of the various factors
of an office, employees are
often distracted and can
become a source of
distraction. Meanwhile VA's,
being in their own quiet
environment, can concentrate
on their task at hand. This
makes a VA more effective
and efficient, saving you
time and money.
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Equipment -
Employees require that you
provide them equipment to
work on, such as their desk,
telephone lines, computer,
and many other items. This
can prove to be quite costly
when setting up a new
employee.
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Flexibility -
Employees are assigned a
work schedule of a minimum
amount of hours per week,
making it difficult and
costly for some agents to be
able to afford having an
assistant. VA's often work
with no minimum hourly
requirements and can be
reached often outside of
regular business hours.
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Attitude
-
An employee often times just
wants to show up, complete
their hours and go home.
There is little incentive to
do more since they still
receive their paycheck. A VA
is an independent contractor
and just like their clients,
they understand what it
takes to run a successful
business. Even more
importantly, a VA is not
successful if their clients
aren't, making it crucial to
the VA that their clients
succeed.
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Taxes -
With employees, you are responsible for paying
employer social security taxes. You are also required to collect
and pay FICA taxes. There are also federal and state
unemployment taxes, along with workman's compensation payments.
Not only is there additional fees associate with all of these,
but the time to track and ensure that they are paid on a timely
matter. With virtual assistants, since they are contracted, they
pay their own taxes and alleviate the client's responsibility
for such extra costs.
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Vacation or Sick Time -
Employees are customarily given vacation and sick
time by their employers. This not only cost the employer
financially, but also usually is a cause for concern regarding
project management, emergencies, etc. With a team of VA's
working for you, you do not pay for vacation or sick time. In
addition, there's always a VA available to step in and handle
whatever project or emergency you may have.
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Relationship -
When working with a Virtual Assistant, you build
rapport and an understanding, not just of the individuals
involved, but of the business. They are business-minded
professionals, just like the clients they assist. Their goal is
to make your business successful, so theirs can be as well.
Employees usually lack in this motivation.
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Cost Comparison - VA
vs. Employee
| Cost Comparison |
Full-time
Employee |
Virtual
Assistant |
| Hourly rate |
$20.00 |
$35.00 ** |
| Fringe benefits - calculated at
35% for health, dental, & life insurance; retirement
plans, etc. |
$ 7.00 |
None |
| Overhead expenses - calculated at
50% for office space, equipment, office supplies,
Workers Comp, Taxes, vacation/sick pay,
administrative costs, etc. |
$10.00 |
None |
| Total effective pay |
$37.00 |
$35.00 |
| Hours per year
** view explanation
here |
2080 hrs |
480 hrs |
| TOTAL ANNUAL LABOR
COSTS |
$76,960 |
$16,800 |
The difference is $60,160.00
per year!
How would you like to
save this much annual PLUS getting dependable assistance?
**
Hours per year - with a VA, you only pay for the exact time
that it takes to complete a task. No more paying for
socializing, breaks, or trips to the bathroom!
An employees' 8 hour day
can easily be reduced to 3-4 hours for a VA.
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View our Directory of Virtual
Assistant Services
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