Virtual Assistants are Independent Contractors and do not go through the same employment procedures that a full-time employee would have to undergo; rather you just pay them for services rendered. Certain formalities are still necessary to engage a Virtual Assistant, such as; a contract has to be signed by both parties which lists in detail each party’s responsibilities and expectations, also a reliable means of communication has to be established from the onset. Beyond these formalities, hiring a virtual assistant is much easier than hiring an employee.
Virtual Assistants pay their own taxes and benefits
The primary advantage is that you don’t need to pay taxes or create a benefits package for the Virtual Assistant. Since they are independent contractors, they are solely responsible for their own taxes and benefits. You don’t have to worry about payrolls, pensions, or other benefits such as medical insurance etc. It’s more cost effective than hiring a full time employee.
Virtual assistants are more dedicated and committed to their quality of work
Virtual Assistants derive their income by being very productive and delivering value to their clients. They provide administrative support which in turn frees up your time to focus on the activities that bring in the most income for your business. Virtual Assistants understand that their revenue is totally dependent on the positive execution of their tasks unlike full-time employees who get paid a salary sometimes times regardless of their effort.
Virtual Assistants use their own office supplies and equipments
Most Virtual Assistants work from their homes thereby using their own office equipment, you don’t have to pay for office supplies,. Virtual Assistants shoulder such expenses. They have personal equipments such as; computers, printers, faxes and so on to use to provide services to you hence you don’t have to deal with buying or the maintenance of any such equipment.
What are the advantages of hiring a virtual assistant versus a full-time employee?
What is a virtual assistant? They are essentially independent contractors who don’t have to go through the same employment procedure that a full time employee has to undergo; rather you pay them for the services they render. Although you have to go through certain formalities in the sense that you have to sign a contract with the virtual assistant and detail out the responsibilities and expectations for each party and also find a way which you guys can have reliable communication between one another. Beyond these formalities, hiring a virtual assistant is a lot easier than hiring an employee.
The advantages of hiring a virtual assistant versus a full time employee; firstly is that virtual assistants pay their own taxes and benefits which is why you do not have to create a tax or benefit package for them because being independent contractors they take care of their own responsibilities. All that matters is what you pay them for their services and they will handle their own taxes. As an employer you don’t have to worry about payroll pensions, medical insurance etc which makes it cost effective for you as a small business owner unlike when you hire a full time employee.
The second advantage is that the virtual assistant is more committed to their quality of their work because they derive their income from being very productive and delivering value to their client so if they are not able to deliver, their clients most likely would terminate the contract which makes them focused on how they can deliver. They provide you administrative support which in turn frees you so that you can focus on certain activities that bring in the most income for your business. Virtual assistants do understand that their revenue is dependent on the results that they put forward for their client and they are most likely to spend more time trying to deliver unlike full time employees who get paid regardless of their effort.
The other advantage is that the virtual assistant uses his/her own office space and equipment, unlike a full time employee for whom you have to provide an office space and buy new computers whereas the word “virtual” here means that whether they are based in US or Philippines they work on the internet from their home or own space and you don’t have to buy any office supplies for them. They usually have their own computers, printers and faxes and are responsible themselves for their maintenance.
If you like the content of this video and found it helpful please go to the blog post using the redirect link that you see below and leave your comments and suggestions. If you own a business and need assistance with the time consuming tasks so that you can focus on the income generating activities the send me an email with your contact information.
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http://www.kpo.com/ KPO
I think that there will be less worries if you have virtual assistant. I agree most of your points and thank you for sharing this to us.
@KPO, do you have other suggestions as to advantages of hiring a Virtual Assistant versus a full-time employee? I welcome your input
http://www.openaccessmarketing.com/ Outsourcing Tech Support
Interesting write-up. This makes perfect sense. Virtual assistance service is something that can help you best. With an exceptional growth opportunity, virtual assistant service helps you in getting online personal assistance service on a much lower cost. This not only helps you in giving a complete edge to your business but also staying updated in the competitive era. This is the reason, it has become hot choice for every growth seeking entrepreneur. Virtual assistants have a lot of advantages. All of them translate to dollars and cents adding up to growth and profitability for your business. Using VAs allows you to shift the vital, repetitive yet essential tasks that you really do not have to do yourself, allowing you to focus on growing your top line via a new product or new service introduction or perhaps by diversifying into an entirely new business.
@Yolanda, thanks for you very elaborate and precise contribution. I look forward to more comments from you
http://www.openaccessmarketing.com Outsourcing Tech Support
Interesting write-up. This makes perfect sense. Virtual assistance service is something that can help you best. With an exceptional growth opportunity, virtual assistant service helps you in getting online personal assistance service on a much lower cost. This not only helps you in giving a complete edge to your business but also staying updated in the competitive era. This is the reason, it has become hot choice for every growth seeking entrepreneur. Virtual assistants have a lot of advantages. All of them translate to dollars and cents adding up to growth and profitability for your business. Using VAs allows you to shift the vital, repetitive yet essential tasks that you really do not have to do yourself, allowing you to focus on growing your top line via a new product or new service introduction or perhaps by diversifying into an entirely new business.
@Yolanda, thanks for you very elaborate and precise contribution. I look forward to more comments from you
http://www.kpo.com KPO Services
Interesting stuff you have here! With a Virtual Assistant you don’t pay for lunch hours, sick leave, or vacation pay; and there’s no such thing as paid down time because a VA invoices only for the exact time spent working on your projects. There’s no need to supply a Virtual Assistant with a computer or other expensive office equipment because a professional Virtual Assistant operates a fully functional home office. And, as an independent contractor, a Virtual Assistant handles their own taxes and benefits. There is no additional cost to you beyond the actual rate at which you contract your virtual service provider. With a Virtual Assistant, you’re cutting overhead and increasing productivity because a VA works for you only if and when you require it. And, because a Virtual Assistant is skilled in providing virtual administrative services there is no training period, so you have more time for your own clients. -Julienne
Great post! I do agree that there are many advantages to having a Virtual Assistant rather than employing a full time one. A VA does the work of a full-time assistant with lesser cost. It helps you save money, space and time.
@Audrey, thanks for leaving your comment and you are right. VAs help entrepreneurs save on cost
Johnv
The world of virtual assistance is definitely growing. Virtual assistants can provide a lot services like administrative support , travel arrangements, book keeping and transcription. This can be a real blessing for small businesses who cant afford too much expenses for a full time. administrative assistant.John V
A virtual assistant can help you grow your business by handling your administrative support tasks. You can outsource various tasks like accounting, advertising, clerical, administrative, answering phone calls, internet research, data entry and technical support tasks to a virtual assistant. And the best part is that you can relax and enjoy your vacation or holidays while all your works are done by your virtual assistant. Isnt’it sounds great?
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