Some cost benefits of hiring a virtual executive assistant vs. full-time employee vs. temporary services.
Some human resource issues of hiring a full-time employee vs. temporary service vs. Hire Expectations.
Human Resource Issues
|
Hire Expectations
|
Temporary Service
|
Employee
|
Cost of
Benefits (approximately 30% of the full-time wage)
(such as medical, dental and vision coverage, short
and long term disability)
|
|
|
X
|
Is a
sounding board, if you need one.
|
X
|
X
|
X
|
Hassles
of interviews and candidate selections and the cost
associated with advertising requirement.
|
|
|
X
|
You must
collect and pay all applicable taxes (plus the time
and cost of bookkeeping, tracking, and remittance).
|
|
|
X
|
Any
employee issue could potentially harm productivity.
|
|
|
X
|
Environmental conditions (whether they are able to
make it to work).
|
|
X
|
X
|
You must
be aware of the employee's rights, and all
employment standards and labour laws, including
allowances, benefits, and vacation/sick time and
adjustments.
|
|
|
X
|
You must
comply with Workers Compensation rules and
regulations.
|
|
|
X
|
In some
cases, you must be aware of personal issues the
employee is dealing with, and may need to intervene.
|
|
|
X
|
You pay
for vacation time / sick time and statutory
holidays.
|
|
|
X
|
You have
to pay for retirements plans, and other items viewed
as incentives or bonus programs.
|
|
|
X
|
You pay
someone to administer all of the above.
(HR person)
|
|
|
X
|
All
other legal responsibilities that include other
policies on sexual harassment, performance,
terminations, substance abuse, hours of work, leave
of absence and all ramifications if every aspect is
not met.
|
|
|
X
|
You may
have to hire someone for the peak period, and then
lay them off during the slower season.
|
|
|
X
|
The
unpleasant experiences of having to fire an
employee, and ensure you have solid grounds to do
so, or possibly face legal implications.
|
|
|
X
|