Cost Benefits

Full-time In-House Admin vs. Virtual Assistant (Admin. 911)

Full-Time Admin			Virtual Assistant / Admin. 911
YOU PAY			YOU PAY
Benefit	Median Amount	% of Total	Benefit	Based on 52 weeks	$40 per hr / 10 Hours Per Week
Base Salary	$50,000		Base Salary	$0
Bonuses	$500		Bonuses	$0
Overtime	$3,750		Overtime	$0
Variable Pay	$4,250		Variable Pay	$0
Total Cash Compensation	$54,250		Total Cash Compensation	$20,800	for 52 weeks

Benefits
Social Security	$4,340	8%	Social Security	$0	0%
401k/403b	$2,170	4%	401k/403b	$0	0%
Retirement	$2,170	4%	Retirement	$0	0%
Total Cash Compensation	$54,250		Total Cash Compensation	$0	0%
Medical Insurance	$6,180	@$515 mo.	Medical Insurance	$0	0%
Dental Insurance	$1,200	@$100 mo.	Dental Insurance	$0	0%
Vacation - 2 Weeks	$1,923		Vacation - 2 Weeks	$0	0%
Personal Time Off	$4,231	@ 22 days	Personal Time Off	$0	0%
Paid Holidays	$1,346	@ 7 per yr	Paid Holidays	$0	0%
Total Benefits	$23,560	100%	Total Benefits	$0	100%

Other Costs
Workmans Comp	$500		Workmans Comp	$0	0%
Disability: Long & Short Term	$500		Disability: Long & Short Term	$0	0%
Computer Classes	$500		Computer Classes	$0	0%
Human Resources	$500	(crisis asst., annual functions, etc.)	Human Resources	$0	0%
Other Expenses	$2,000	100%	Other Expenses	$0	100%

TOTAL COST	$79,810	100%	TOTAL COST	$20,800	100%

Source: The Virtual Link

Benefit	Employment Agency	Admin. 911
Mark-up	Estimated 20% - 150%	None
Employment Taxes	Paid as part of cost	None
Medical Benefits	Hidden Cost	None
Time Off	Controlled by Agency & Employee	None
Professional Demeanor	Not Guaranteed	Yes
Qualified	Not Guaranteed	Yes
Short & Long Term	Yes	Yes
Learning Curve	Long	Short