The Art of Delegation: Growing Your Business With a Virtual Assistant by Admin Slayer - HTML preview

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How Much Does a Virtual Assistant Cost?

 

A single VA can cost anywhere from $5 an hour for offshore assistance to somewhere near the moon for specific types of expertise. For example, at Admin Slayer, bookkeeping or graphic design Slayers typically cost more than a generalist who handles day to day admin work.

Most Admin Slayer clients will tell you that they get everything they want done, by professionals who collectively would cost the business hundreds of thousands each year, for less than the cost of hiring one full-time, entry-level employee. That’s the key.

What makes this work is the things that you don’t pay for:

  • Breaks, vacations, and inefficiencies (for example: the black hole that is Facebook)
  • Pension contributions, employment insurance, and other employee benefits
  • Training and education upgrades
  • Time that you don’t use, such as when your business is in slow season. You only pay for active work.

An Admin Slayer costs more by the hour than an entry-level administrator and still costs less than an entry-level administrator. How does that work? We’re so glad you asked!

An entry-level administrator will spend more time completing tasks, and requires significant guidance, training, equipment, and a place to work. All these things cost more than the $15 $20 per hour that you believe you are paying. On top of that, they are dependent on your commitment to their income. You will need to train them, support them, cover them on sick days, and replace them if they leave.

Entry-level administrators always leave. Unless they’re awful.

As we like to say at Admin Slayer (and definitely stole from Red Adair): “If you think it’s expensive to hire a professional to do the job, just wait until you hire an amateur!” Your business deserves professionals.

A good virtual assistant should be able to account for every minute of their time that is billed to you. At Admin Slayer, clients receive a weekly timesheet. So even though the rate is per hour, time is measured in minutes, not hours.