How Much Do Virtual Assistants Cost?

Virtual Assistants (VAs) are changing the dynamics of modern business operations. By providing remote support in administrative tasks, marketing, technical support, and general business management, VAs are essential for boosting efficiency, cutting costs, expanding audience reach, and enhancing productivity. To streamline your business processes, think about bringing a Virtual Assistant on board.

How Much Does It Cost to Hire a Virtual Assistant?

Hiring a virtual assistant instead of a local employee can lead to savings of up to 80% on staffing costs. This cost reduction is due to eliminating expenses related to physical office space, office equipment, and the need for additional in-office staff support, such as HR, payroll, training, and IT. Below is an estimate comparing the monthly costs of an onsite administrative assistant with those of a 20four7VA Virtual Assistant:

Monthly Costs Onsite Employee 20four7VA Entry-Level Admin VA
Salary on minimum wage $ 4,562* (full-time) $866** (full-time)
Cost of 1 seat in a private office $400+ $0 (except for call-center VAs)
Additional benefits (insurance, legally required benefits, etc.) $436*** (required benefits, etc.) $0 (optional)
Utilities, supplies, and other office resources $100+ $0****
Recruitment and onboarding $1,000 to $3,000 (or more) per new hire $0
Total employee cost $3,300+ $1,560

* Based on a $21.87 mean hourly wage according to BLS.gov national estimates for Secretaries and Administrative Assistants, Except Legal, Medical, and Executive
** Based on the hourly rate of an entry-level administrative VA at 20four7VA working 40 hours/week
*** These figures are ballpark estimates, and actual costs can be higher or lower depending on various factors. Business owners and hiring managers should conduct a detailed analysis of their specific costs to arrive at a more accurate budget.
**** Additional supplies like software subscriptions, phones, and laptops may be supplied by the client depending on their unique requirements.

Ready to boost your business efficiency and cut costs by up to 80% with a virtual assistant? By eliminating expenses like office space, equipment, and additional in-office support, virtual assistants offer a smart, cost-effective solution. To get an exact quote or learn more about our pricing and services, book a free consultation call with us today!

 

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How Can Virtual Assistants Benefit Your Business?

Reduced costs

Reduced costs

Minimizing operational costs is a key focus for many businesses. Employing a virtual assistant allows you to reduce expenses associated with in-house staff, physical workspace, and equipment, resulting in significant savings of valuable resources for your organization.

Increased efficiency

Increased efficiency

Virtual assistants bring a wealth of experience and skills to your business operations. From managing schedules to handling administrative tasks, they are adept in a variety of processes, enabling your team to function at optimal efficiency.

24/7 support

Given their diverse time zones, you can hire VAs to give you 24/7 coverage. Envision having a dedicated professional ready to help you manage administrative tasks, handle marketing, work on technical tasks, or handle crucial responsibilities for your business on demand.

Scalability and flexibility

The business landscape is constantly evolving. Virtual assistants can adapt to your company’s needs, whether it’s managing increased customer engagement or supporting specialized services, offering the flexibility your operations require.


 

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