Administrative Assistant Costs to EMPLOYERS

Average Salary of an Administrative Assistant:
Between $35,000 and $45,000, depending on the area in which you live and the administrator’s experience.

Also included ABOVE the salary of an administrator, Employers also pay for: Paid Time Off, Personal and/or Sick Days, Equipment Costs, Maternity Leave, Health Care, Retirement Benefits: Placement Fees if Employers use a recruiting company or temp agency. Some employers also pay relocation fees.

Job Description of an Administrative Assistant:
Plan, direct, or coordinate supportive services of an organization, such as record keeping, mail distribution, telephone operator/receptionist, and other office support services. May oversee facilities planning and maintenance and custodial operations.

Employee Turnover:
Average employee term is approximately 3 years, meaning the need to train an employee every 3 years costs you your time.

FICA Taxes:
Social Security (Employer pays 6.2%)
Medicare (Employer pays 1.45%)

Employer Payroll Taxes:
Companies are responsible for paying their portion of payroll taxes. These payroll taxes are an added expense over and above the expense of an employee's gross pay. The employer-portion of payroll taxes include the following:
Social Security taxes (6.2% up to the annual maximum)
Medicare taxes (1.45% of wages)

Employer must pay a tax professional to do the following:
Statutory Payroll Tax Deductions:
Payroll taxes must be withheld from an employee's paycheck. This is required by law. Employers must hand these withholdings over to various tax agencies.
Payroll tax deductions include the following:
Federal income tax withholding (based on withholding tables in Publication 15)
Social Security tax withholding (6.2% up to the annual maximum)
Medicare tax withholding (1.45%)
State income tax withholding
Various local tax withholdings (such as city, county, or school district taxes, state disability or unemployment insurance).

When looking at these numbers for an Administrative Assistant, keep in mind that many types of these positions have a lot of “downtime”, being paid to wait for that next project to come in. MANY administrators remain VERY busy throughout the day, however MANY administrators could be getting paid to surf the net while waiting for projects and/or business to pick up.

So many companies and business owners know about outsourcing these needs, as talk about VA is growing and growing, but they are reluctant to outsource. Best solution for that is to do a test-run. Independent Projects is currently running a special on ½ off for ONE PowerPoint presentation up to 10 pages, so you can see for yourself.