Employee vs. Virtual Assistant
Employee vs. Virtual Assistant
Now that you’ve decided you need some help for the administrative and day-to-day aspects of your business, you have a decision to make: Hire an employee or use a Virtual Assistant? Here are some things to consider when making your decision:
Employee (or a “Temp”)
Pros:
› You can set their schedule and how they do certain tasks.
› Low(er) hourly rate
› Low(er) hourly rate
› Often able to come into your office to answer phones, file paperwork, etc.
Cons:
› Must pay payroll taxes, unemployment insurance, liability insurance, possibly benefits, bonuses, etc.
› Might need to provide equipment (computer, desk, software, etc.)
› Must provide and pay for training.
› You will be paying for break times and other non-productive time.
› How long will they stay? Are there advancement opportunities?
› You will likely need to promise a certain number of hours per week.
› You will likely need to promise a certain number of hours per week.
Virtual Assistant
Pros:
› They have advanced skills and experience in a variety of software and programs. If you find a VA specializing in your industry they will already know industry-specific software, trends, and lingo.
› No benefits, taxes, or insurance to pay.
› No benefits, taxes, or insurance to pay.
› No equipment needed – they provide their own!
› They are invested in your business and want to work with you long-term.
› You can commit to a lower number of hours (or maybe not commit at all).
› You only pay for actual time spent on your project(s).
Cons:
› They won’t come into your office to file or answer the phone (although some offer remote phone answering).
› Higher hourly rate (offset by not paying overhead & taxes).
A Virtual Assistant isn’t for everyone. Certain industries need employees and some use both employees and Virtual Assistants. To successfully use a Virtual Assistant be prepared to work virtually (more on that in the next issue!), build a long-term relationship, and be open to new ideas. Now that you’re informed, the choice is up to you!
Most people are still trying to figure out virtual assistants, what they do and how. I think you spelled that out very well Cindy.