Administrative Assistant
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Cost Savings
How much do you REALLY pay your Full-Time Staff?
The chart below is a guide to what you are actually paying for a Full-Time Employee.
Do you want to pay $43,654 per year for 1,864 hours per year? Or, do you want to pay $29,120 per year for 2,080 hours worked? Could you use an additional $14,534 in additional income to your business?
Do you want to pay $43,654 per year for 1,864 hours per year? Or, do you want to pay $29,120 per year for 2,080 hours worked? Could you use an additional $14,534 in additional income to your business?
| Full Time Employee Cost | Virtual Assistant Cost | |||||
| Hourly Wage $14.00 | Hourly Wage $14.00 | |||||
| Labor Burden Costs | Amount | |||||
| FICA | $ 2,228 | |||||
| FUTA | $ 378 | |||||
| SUTA | $ 172 | |||||
| Workers' Comp | $ 582 | |||||
| G/L Insurance | $ 146 | |||||
| Health | $ 3,600 | |||||
| Vacation | $ 1,235 | |||||
| Holiday | $ 741 | |||||
| Picnics, Parties | $ 400 | |||||
| Tool/Gas/Vehicle | $ 600 | |||||
| Sick/Personal Days | $ 371 | |||||
| Company Meetings | $ 371 | |||||
| Training/Education | $ 618 | |||||
| Cell/Mobile/Internet | $ 300 | |||||
| Vehicle Fuel/Maint./Insurance | $ 300 | |||||
| Miscellaneous | $ 120 | |||||
| Profit Share/Pension/401k | $ 874 | |||||
| Additional Bonus | $ 1,500 | Total Full Time VA Annual Cost | ||||
| Total Labor Burden | $ 14,534 | |||||
| Annual Gross Wages | $ 29,120 | |||||
| Total Annual Burdened Cost | $ 43,654 | $29,120 | ||||
| Cost per billable hour | $ 23.42 | |||||
| Average Hours Worked Yearly | 1,864 | |||||
Please E-Mail us at Kelly@Slaven4u.com for your free spreadsheet to adjust the above figures.
Kelly Slaven, Owner
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