VA Help Ltd

VA Help Ltd

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Minimum
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Minimum
ROI
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Ignite Your Business Growth with a Virtual Assistant

Boost productivity and save costs with expert VA support
Fact Check

Do the numbers stack up?

Let's break down the comparison between hiring a full-time general assistant in the UK and using VA Help Ltd's virtual assistant services.

 Minimum Savings

Full-Time General Assistant in the UK

  1. Base Salary:

    • Average annual salary: £18,000 to £25,000
  2. Additional Costs:

    • Pension Contributions: Typically around 3% of salary from the employer.
    • Holiday Pay: 28 days of paid leave is standard, which is about 11% of the annual salary.
    • Other Benefits: May include bonuses, health insurance, etc.
  3. National Insurance Contributions: Approximately 13.8% of earnings above £9,100.

Estimated Total Cost:

  • Lower end: £18,000 + National Insurance + Pension + Holiday Pay = Approximately £22,000 to £25,000 per year.
  • Higher end: £25,000 + National Insurance + Pension + Holiday Pay = Approximately £30,000 to £35,000 per year.

VA Help Ltd Virtual Assistant

  1. Hourly Rate: £5.40 per hour
  2. No Additional Costs: No taxes, holiday pay, or pension contributions.

Estimated Total Cost:

  • Assuming a full-time equivalent of 40 hours per week:
    • Weekly cost: £5.40 x 40 hours = £216
    • Annual cost: £216 x 52 weeks = £11,232

Comparison

  • Full-Time General Assistant in the UK: £22,000 to £35,000 per year
  • VA Help Ltd Virtual Assistant: £11,232 per year

By using VA Help Ltd’s services, you could potentially save between £10,768 to £23,768 annually compared to hiring a full-time general assistant in the UK. This makes virtual assistants a cost-effective alternative, especially for businesses looking to manage expenses efficiently.

Minimum Return on Investment

Cost Savings

  • Annual Savings: As previously mentioned, using VA Help Ltd’s services can save between £10,768 to £23,768 annually compared to hiring a full-time employee.

Productivity Gains

  • Value of Time Saved: If a VA saves you 520-1,040 hours annually and you value your time at, say, £30 per hour, the productivity gain can be valued at:
    • 520 hours x £30 = £15,600
    • 1,040 hours x £30 = £31,200

Total Benefit

  • Total Annual Benefit: Combine cost savings and productivity gains:
    • Lower end: £10,768 (cost savings) + £15,600 (productivity gain) = £26,368
    • Higher end: £23,768 (cost savings) + £31,200 (productivity gain) = £54,968

Investment

  • Annual Cost of VA: £11,232 (as previously calculated)

ROI Calculation

  • ROI Formula: (Total Benefit – Investment) / Investment x 100%
    • Lower end ROI: (£26,368 – £11,232) / £11,232 x 100% = 134.8%
    • Higher end ROI: (£54,968 – £11,232) / £11,232 x 100% = 389.4%

Conclusion

  • Typical ROI: Depending on productivity and cost savings, the ROI for hiring a VA can range from approximately 135% to 390%.

Nicola Parkin VA Help LtdYears of Experience

With over a decade of experience, Nicola has expertly collaborated with virtual assistants from the Philippines, ensuring a seamless and productive process tailored to meet your business needs.