Employee vs. Virtual Business Assistant: What’s the True Value for Your Business

Employee vs. Virtual Business Assistant
Photo by Anna Shvets

Employee vs. Virtual Business Assistant: What’s the True Value for Your Business

In the business world, time is money. That’s why more and more businesses are turning to virtual business assistants to help them with tasks big and small. But what is the cost and value of an employee vs. a virtual business assistant?


When it comes to the cost and value of an employee versus a virtual business assistant, there are a few key things to consider. First, let’s look at the cost of an employee. According to the Bureau of Labor Statistics, the median annual wage for an administrative assistant is $39,680. This means that the average full-time administrative assistant costs a company $19.08 per hour.


Now let’s look at the cost of a virtual business assistant. The average hourly rate for a virtual assistant is $35-$55, depending on experience and skill set. This means that the average full-time virtual assistant costs a company $875-$1375 per month.


So, what does this mean in terms of value? An employee will likely have a higher hourly rate but will also require paid time off, benefits, and other associated costs.


This article will help explain the difference between the two and how each one can help your business grow. As a leader, it is important to know the costs and benefits of both so you can make an informed decision on which is best for your company.

Benefits of an Employee

Hiring an employee and hiring a virtual assistant both come with their own sets of pros and cons. But when it comes to the question of which is better, the answer isn’t so cut and dry. It depends on your business needs, budget and timeline. 


Let’s start with employees. When you hire someone in-house, you can be sure that they are familiar with your company culture and values as well as what you expect from them in terms of job responsibilities. You also gain more control over how they spend their time since they will be working alongside other team members in person. The downside? It requires more money upfront since you have to pay for salary, benefits, taxes etc., not to mention additional overhead costs such as office space or equipment.


Value of an Employee

Finding out the cost and value of an employee versus a virtual business assistant is essential for businesses looking to maximize resources. The costs associated with hiring a full-time employee can be high, making it difficult for small businesses to afford the salary and benefits that come with having an employee on staff. On the other hand, virtual business assistants can provide specialized services at a fraction of the cost. 

Benefits of a Virtual Business Assistant

If you’re looking to grow your business, hiring a virtual assistant can provide numerous benefits. Whether you need help with basic administrative tasks or more complex projects, having an extra set of hands on deck can be invaluable.


Hiring an employee can be a great way to get your business up and running. It’s a tried-and-true method for deploying staff to handle jobs you don’t have time for. But it may not always be the most efficient or cost-effective option.


Enter virtual assistants (VAs). VAs are professionals who provide administrative, technical, or creative support from a remote location. While they offer many of the same benefits as hiring an employee, there are also several advantages to taking this route instead. 


Regarding cost savings, VAs can help you cut down on overhead expenses like office space and equipment costs – no need to pay for computer hardware when the VA is providing their own!


Virtual assistants are an excellent option for businesses that don’t have the bandwidth for full-time employees. They offer greater flexibility than traditional in-house employees and tend to be more cost-effective. Plus, since they work remotely, you don’t have to worry about providing them with physical space or equipment. This makes it easier to scale up or down as needed without added overhead costs. 


With a virtual assistant, you get the same professionalism and expertise without committing long-term.


Value of a Virtual Business Assistant

Virtual business assistants are often hired as independent contractors, meaning they are not considered employees on your company’s payroll. This means that employers don’t have to worry about providing additional benefits or paying them federal taxes or insurance premiums. Additionally, they don’t require office space or equipment, which helps keep overhead costs low.

Finding the Right Fit for You

When it comes to running a business, hiring a virtual assistant can be an invaluable asset. It’s a clear choice to see that hiring a virtual business assistant for your small business is the best fit for your needs. But with so many different types of virtual assistants out there, how do you know which one is the best fit for your business? 


Here are some tips for finding the right person for the job:


First and foremost, consider what tasks you want your virtual assistant to take on. Some people need help with administrative functions like bookkeeping or document editing, while others may benefit from a VA who knows social media marketing inside and out. 

Once you’ve pinpointed exactly what type of work needs to be done, start researching virtual assistants in that field. Check out their websites and portfolios to make sure they have the necessary skillset and experience. You should also look into their rates and availability, as well as any reviews they’ve gotten from previous clients.


Making the Decision

When it comes to making the best decision for your business, there are a lot of factors to consider. Should you hire an employee or opt for a virtual assistant? It’s important to weigh out all of your options and make sure you’re choosing what will be the most beneficial solution for your business. 


Virtual assistants are becoming increasingly popular in the business world, as they offer many advantages over hiring an employee. On top of being more cost-effective, virtual assistants can provide quick turnarounds on tasks and don’t require any long-term commitments or obligations. They also have access to a wide variety of skills and resources that may not be available with an employee.


Now that you know how much you can benefit from hiring a virtual business assistant, let’s talk about all of your options. Book a call …. Or check out our services. Let us help you with your business and finance needs so you can focus on generating revenue and running your business. We offer virtual accounting & business assistant services for entrepreneurs of all shapes and sizes. 


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