You might take their average hourly rate and extend it into a salary. Let’s say you were to hire a personal assistant in person rather than a virtual assistant. You can simply bring in help for your project and proceed. This is another major advantage of going to a virtual assistant business: you don’t have to worry about making a commitment to the extra help for the long term. But it’s certainly possible to bring on additional help from a VA for one project with no commitment down the line. One Time Project Pricing: For one time projects, flat fees are often the norm.The calculation on the virtual assistant’s part would work the same, but in this case, it resembles a flat fee. With a retainer agreement, a client might make a commitment-such as 40 hours per month-that is prepaid. Retainer Pricing: Retainer pricing is a way for freelancers, remote workers, and VAs to construct a consistent schedule for themselves.Statistics suggest that over 85% of virtual assistants work on an hourly pricing basis, which helps you keep these calculations simple. For example, a part-time VA working 20 hours a week who wants to earn an additional $2,000 gross per month would divide by 80 hours (for four weeks) and come up with a rate of $25 per month. They can then calculate how many hours they anticipate working throughout an average month to come up with an hourly rate. Hourly Pricing: When it comes to hourly pricing, a virtual assistant typically needs to calculate the gross expenses they need to earn to compensate for expenses like taxes, insurance, and more.Let’s take the case of a virtual assistant who needs to earn a full-time living by offering their hourly work to clients.
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