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VIRTUAL ASSISTANT
VS.
ADMINISTRATIVE ASSISTANT

COST ANALYSIS COMPARISON

In-house Assistant
Totals
Cash
Base Salary: (hourly:$15.55 overtime $23.33)
$32,344
Overtime base on 1 1/2 x hourly rate, averaging 2hrs./wk.
$2,426
 
Total Cash Compensation paid by Employer
$34,770
Savings & Investments 401K match @ 6%
$1,941
  Retirement @ 6%
$1,941
  Social Security@ 6%
$2,588
 
Benefits Medical Insurance $500/month
$6,000
Dental Insurance $100/month
$1,200
  Vacation -- 2 weeks
$1,244
  Paid Holidays (10/yr.)
$1,244
  Personal Time Off (5 day/yr.)
$622
   
Total Benefits  
$16,779
   
Other Cost Workmen's Compensation
$200
  Disability (Long/Short Term)
$500
   
$700
   
TOTAL IN-HOUSE COST FOR ASSISTANT
$52,249

Hours Per Week
10
20
30
40
In-House Secretary
52,249
52,249
52,249
52,249
Virtual Assistant
4,200
8,400
12,600
16.800
Savings Per Year
$48,049
$43,849
$39,649
$35,449

 

  

Virtual Assistant Compensation

General Estimate:
$35.00 Hourly Rate

No Saving or Investments
No Benefits
No Vacations
No Sick Pay
No Holidays


Figures Provided by:
www.timeisoftheescents.com
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