Blogs

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If your business requires less than 900 hours of support work annually (roughly 17 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: £40/hour. 

Break-even hours for VA: £36,000 / £40/hour = 900 hours.

When hiring a VA, there are NO:

• employee benefits to pay
• National Insurance contributions to pay
• need to supply any equipment or training courses
• rent to pay for an office

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 2024