How Much Does a Virtual Assistant Cost?
How much money should you pay to your virtual assistant?
If you don’t know the answer of the above question correctly, you are not alone. Most entrepreneurs are not sure about the actual virtual assistant cost.
And they think hiring virtual assistants will cost them a fortune.
But this is not the reality. On the contrary, a virtual assistant can save you around $3000 initially and $18.75 per hour.
In today’s post, I’m going to show you how much a virtual assistant costs. After reading it, you will know everything about virtual assistant rates and how to get the best deal.
But before we come to the actual question, let us discuss the types of virtual assistants you can hire.
Different Types of Virtual Assistants You Can Hire
You would be surprised to know that you can hire virtual assistants for almost every functional area of your business where physical appearance is not required – be it administrative tasks, social media management, data entry, or Internet research.
Here are 6 main types of virtual assistant and what they do:
In addition to these above-mentioned types, you can also hire virtual assistants for programming, digital marketing, and customer support.
Click here to know more about the different types of virtual assistants.
Virtual Assistant Services Rates
If you are going to hire a freelance general admin virtual assistant, you need to pay them $3-6 per hour.
Here are some factors that decide the rates
of a freelance VA:
- Location – You will have to shell out more money if you hire a VA from the US than the VA you hire from the third world countries
- Experience – Experienced virtual assistants often charge more money than amateur ones
- Technical Expertises – Virtual assistants with technical expertise in any software or application, such as programming, digital marketing often charge exorbitantly
Hiring a freelance virtual assistant is not always fruitful. Many a time, a freelance virtual assistant becomes Gone Girl. As happened with Judy Carter, her freelance virtual assistant left her in the lurch.
However, hiring a virtual assistant from a reputed agency keeps you out from such an unpleasant incident as a reputed agency hires virtual assistants after extensive screening.
And you can immediately ask for a replacement if you are not satisfied with your current VA. What’s more, you can easily scale up with a virtual assistant agency, which otherwise is not possible.
Now let’s dig into what you need to pay if you hire a virtual assistant from a reputed company.
What to Pay Your Virtual Assistant?
Actually, it all depends on you. As a virtual boss, it’s you who will decide how much you are willing to pay.
Virtual assistant agencies usually adopt two kinds of subscription plans – the first is task-based and the second is hourly.
Task-based virtual assistant subscription plan
In the tasked-based plan, you can request a certain number of tasks per month after paying a fixed amount.
Here is a pricing plan of a company that follows a task-based subscription model.
Each request equals to 20 minutes of work.
You can make requests for creating target lists, finding contact info, scheduling, calling, creating expense reports, making purchases, doing research, etc.
If you subscribe to a professional plan of this company, you will pay $15 for the work of an hour.
Hourly virtual assistant subscription plan
In hourly subscription, you will be allotted certain hours of work at a fixed price.
Following are the pricing plans of a leading virtual assistant company:
Suppose you take a Silver plan, you will be shelling out $8 per hour.
In hourly subscription plans, you can hire both the part time virtual assistant and the full-time virtual assistant to get a wide variety of tasks done, such as social media marketing, data entry, eCommerce product data entry, eCommerce product description writing, email and chat support, administrative tasks, and more.
How to pay your virtual assistant
If you hire a freelance virtual assistant, you don’t have many options to pay your VA. Most freelance virtual assistants accept payment through PayPal.
If you hire a virtual assistant from an agency, you will be paying the agency. Most virtual assistant agencies accept payment through PayPal, Payoneer, Western Union and Wire Transfer. So you will have multiple options to pay your VA agency.
Conclusion:
The price you need to pay your virtual assistant depends on the work you want to get done. Whether you are going to hire a part time virtual assistant or a full-time virtual assistant from an agency, you will have to pay from $ 5 to $ 8 per hour.
But if you choose a task-based subscription plan, you will have to pay $15 for an hour of work. So choosing an hourly subscription plan can save you a decent amount money if you have a recurring task.
What about you? Have you ever hired a virtual assistant? What did you pay them?
Do share your thought. I’d love to hear about it.
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