The following cost comparison shows just how quickly the additional costs of a full-time employee add up.
As a Virtual Assistant only works for you if and when required, you truly are paying a fraction of the cost of in-house hiring.

When engaging The Admin Assistant, you only pay for hours worked at 100% productivity. There is no paid downtime,
no overheads and no hassle.


Cost Breakdown

Cost per hour [1]
     at 40 hours per week [1]
     at 44 weeks per year [1]
Annual Leave at 20 days per year [1]
Public Holidays at 10 days per year [1]
Sick Pay at 10 days per year [1]
Annual Bonus at 2 weeks' salary [1]
Superannuation at 9% of earnings [1]
Workers' Compensation per year [2]
     (approx. 2% of total earnings)
Payroll Tax per year [2]
     (approx. 1.5% of total earnings)
Approx. cost of office overheads
     (ie. furniture, office, hard/software)

Yearly Salary
Total effective hourly rate

Add 25% to hourly rate for
non-productive time [3]
(can be up to 50% [4])

Approximate cost to complete
a 60 hour project

Savings

Personal Assistant

$20.00
$800.00
$35, 200.00
$3,200.00
$1,600.00
$1,600.00
$1,600.00
$3,168.00
$704.00

$528.00

$8,000.00
 

$55,600.00
$31.59

$47.39



$2,843.00


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The Admin Assistant

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$1,680.00


$1,163.00
(41%)


The following costs have not been included in the calculations above:

  • Overtime
  • Training
  • Parental Leave
  • Long Service Leave
  • Compassionate Leave
  • Jury Service
  • Replacement temp during leave
  • Recruitment costs
  • Payroll costs
  • Other allowances
    (meals, car, laundry, first-aid)
 

References:

[1] Fair Work Ombudsman - at at 1 January 2013
[2] Australian Bureau of Statistics - Labour Costs, 2010-11
[3] Ernst & Young - Productivity Pulse Survey
[4] Principles of Total Quality - Third Edition, Page 192