Savings Calculator
Here’s the secret to how successful solos have scaled their firms using a smarter staffing solution.
1. Which platforms are you going to use /using for hiring?
2. How many hours will it take to conduct the job search?
*on average it takes 30 days to fill a position
3. What is the billable rate (per hour) of the team member conducting the job search? If they do not have a billable rate, use their hourly wage. Use your client billable hour rate if you are doing the searching (but why are you doing administrative work?)
4. Add your virtual assistants:
* Values from Glassdoor.com. This is an estimated % of an onshore salary to account for other expenses such as but not limited to… Health Insurance, PTO, Holiday Pay, Payroll Processing Costs, Sick Leave, Retirement Benefits, Workers Compensation, Dental Insurance, Unemployment Insurance, Social Security Tax, and Pre-Employment and other hidden costs such as background checks, drug screens, computer equipment, job advertisement costs, and recruiting costs. This value is just an estimate of these costs when employing someone onshore.
**Calculated using a comparison of your staffer cost compared to average domestic compensation cost from Glassdoor.com