We understand that budget considerations are an essential aspect of any business decision. However, we’d like to provide some insights into the distinction between employing a virtual assistant and hiring an employee, which might help.

Virtual assistants, as independent contractors, operate their own businesses, covering costs such as taxes, insurance, equipment, software subscriptions and office space.

This structure allows businesses to benefit from their expertise without the need to provide the traditional employer-related benefits like paid time off, insurance coverage, equipment or physical workspace which are the extra ‘hidden’ costs of hiring an employee.

Virtual Assistants also offer greater flexibility, allowing you to engage their services only during peak periods or as needed, which can be a lot more cost-effective compared to a fixed employee schedule.

Working with a VA also means that you don’t have to worry about the employment law side of things or deal with HR headaches that can come with hiring a full-time or part-time employee.

Considering these factors, SVAI follows recommended minimum rates to ensure that the value of the services provided by virtual assistants is fairly compensated. Our suggested minimum rate for less experienced VA’s starts at €20/hr, but with more experience and greater expertise this rate increases.