If your business requires less than 1,029 hours of support work annually (roughly 19.8 hours/week), congratulations, hiring a VA is the most cost-effective way to grow your business.
How did we work it out?
Full-Time Employee (FTE)
37.5-hour work week
5.6 weeks of annual leave (including public holidays)
4.4 average sick days per year
1 hour plus daily for lunch and tea breaks (unpaid)
Effective Annual Working Hours for FTE:
Total hours/year: 52 weeks x 37.5 hours = 1,950 hours
Less annual leave: 5.6 weeks x 37.5 hours = 210 hours
Less sick days: 4.4 days x 7.5 hours = 33 hours.
Effective working hours/year: 1,950 - 210 - 33 = 1,707 hours
FTE annual costs approx. £36,000.
VA hourly rate: £35/hour.
Break-even hours for VA: £36,000 / £35/hour = 1,029 hours.
When hiring a VA, there are NO:
If you'd like to find out more, about how a VA can support your business, get in touch!
Assumed data based on industry averages and general knowledge as of 2023
Over the moon to be nominated for the
'Virtual Assistant of the Year Award'