Cost Comparison

 

Have you ever wondered if you combined socializing in the workplace, personal phone calls, internet surfing, and long lunches how much productivity you actually get? No more wondering! When you hire an Administrative Consultant or Virtual Assistant you are only billed for the hours worked on your project. When you partner with Firefly a full 8 hour day can be maximized into 3-4 hours of focused work.  You do not have to pay for downtime, late arrivals, lunchtime, vacations or anything other than the work that is produced.

 

Below there are two separate cost comparison spreadsheets.  Both of them will provide you with information on how you can save money while receiving the highest quality work.  One thing to keep in mind is when you contract with Firefly, you do not have to worry about down time and you will never have to find busy work since you only pay for the work produced.  These cost comparison sheets are based on the administrative consultant working 15 hours a week but you may only need to contract for 5 hours a week depending on your projects.

 

 

This first spreadsheet shows the comparison between an administrative consultant that you would contract with to provide three hours of work per day and a full time executive level assistant.  As you can see you would save a great deal of money to contract with an administrative consultant.

 

Price Comparison

Full-Time Employee

Admin consultanT

Hourly Rate of Pay $20.00 $35.00
Fringe Benefits @ 35%

(Health/Dental/Life Insurance/ Retirement Plans)

$7.00 None
Overhead Rate

(Office Space, Equipment & Office Supply Expense, UI Insurance, Worker’s Compensation, Overtime Pay, Administration Costs)

$10.00 None
Total Effective Rate of Pay $37.00 $35.00
** Hours Per Year 2,080 hours 780 hours
Total Annual Labor Cost $76,960.00 $27,300

 

 

This second spreadsheet shows the comparison between an administrative consultant that you would contract with to provide three hours of work per day and a full time mid-level administrative assistant.  Again you  can see you would  be able to save a considerable amount of money by delegating some of your work to Firefly.

 

Price Comparison

Full-Time Employee

Admin Consultant

Hourly Rate of Pay $15.00 $30.00
Fringe Benefits @ 35%

(Health/Dental/Life Insurance/ Retirement Plans)

$5.00 None
Overhead Rate @ 5%

(Office Space, Equipment & Office Supply Expense, UI Insurance, Worker’s Compensation, Overtime Pay, Administration Costs)

$10.00 None
Total Effective Rate of Pay $30.00 $30.00
** Hours Per Year 2,080 hours 780 hours
Total Annual Labor Cost $62,400 $23,400