Typical Costs of
Maintaining a Full Time
On-site Administrative Assistant
|
Typical
Salary |
|
$36,000/ $17.31/hr. |
|
Paid
Vacation |
|
$1385 |
|
Temp
during Vacation |
|
$2000 |
|
Health
Insurance
(employer portion 12 mos.@$150) |
|
$1800 |
|
Parking
(12 mos. @ $50) |
|
$600 |
|
FICA
Taxes
(7.65%) |
|
$2754 |
|
Worker's Comp.
(.61%) |
|
$220 |
|
Unemployment
(State & Fed) |
|
$309 |
|
Misc.
costs
(Vision, Dental, Disability & 401K Matching, Profit Sharing & Stock Options) |
|
$??? |
|
Office
Space for Secretary
100 s.f. @ applicable rate |
|
$2500
$25/s.f.
is conservative |
|
Cost of
Overtime Pay
(10hrs/ mo @ 50% premium) |
|
$3115 |
|
Idle
time during employer's absence (min. 2 wk vacation included for employer) |
|
$1500 |
|
Annual
Bonus (1 mo. salary) |
|
$3000 |
|
Sick
Time (10 days/year) |
|
$1385 |
|
Other
intangible costs (furniture, testing, training & fees, sick children, etc.) |
|
$1200
Conservative figure |
|
Total
Typical All In Costs |
|
$57,768
1.60 times salary |
|
Total
Effective hourly rate |
|
$27.77/hour |
|
75%
productive level |
|
$37.03/hour |
|
50%
productive level |
|
$55.55/hour |
Note-Full time staff is seldom 100% productive due to idle time between tasks,
personal matters, inability of employer to generate work for staff because of
distractions, meetings and commitments.
Million Dollar Agents have
Assistants ---
Multi-Million Dollar Agents
have Virtual Assistants!!!
"Bild a Better Business" honors their Real Estate Agent Clients by making sure
everything stays confidential.
|