
| COST COMPARISON | Full-time Employee |
Virtual
Assistant |
| Hourly Rate of Pay | $20.00 |
$35.00 |
| Fringe Benefits @ 35% (Health/Dental/Life Insurance, Retirement Plans) |
7.00 |
None |
| Overhead Rate @ 50% (Office Space, Equipment & Office Supply expense, UI Insurance, Worker's Compensation, Overtime Pay, Administration Costs) |
$10.00 |
None |
| Total Effective Rate of Pay | $37.00 |
$35.00 |
| Hours Per Year | 2,080 hrs. |
1,040 hrs. |
| TOTAL Annual Labor Cost | $76,960.00 |
$36,400.00 |
Source: Virtual
Assistant Networking Association (VANA) Cost Comparison
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