Cost ComparisonHourly Rate of Pay
Fringe Benefits @ 35% (Health/Dental/Life Insurance, Retirement Plans) Overhead Rate @ 50%(Office Space, Equipment & Office Supply Expense, UI Insurance, Worker’s Compensation, Overtime Pay, Administration Costs) TOTAL Effective Rate of Pay Hours Per Year TOTAL Annual Labor Cost |
Fulltime Employee$20.00
$7.00 $10.00 $37.00 2,080 hrs $76,960.00 |
Virtual Assistant$35.00
None None $35.00 480 hrs $16,800.00 |