Every business owner has to expand their business further by hiring more staff to perform some administrative work they no longer have time to do. Hiring in-house employees can be costly, so hiring virtual employees has become so popular. While looking for Virtual Employees, companies might not find one quickly. That’s why hiring virtual employees in India through virtual employee services is a good idea.
People often misunderstand that outsourcing is expensive, but you might be surprised that Virtual Employees can save up to 75% of your total cost.
Oh, and You don’t have to pay any compensation, taxes, healthcare, paid vacation, office expenses, or insurance. And also, there will be no office politics or gossip. There is no doubt that India is the favorite destination for hiring Virtual Employees.
An in-house digital marketer might cost an employer close to $80000, while a remote digital marketer may cost $25000 per year!
Now you might think about hiring a Freelancer. Well, Freelancer virtual employees come with various disadvantages that could impact the quality of work, and sticking to a trustworthy company is safer.
So bring back to the primary concern, how much do Virtual Employees in India cost? To get a complete insight into Virtual Employees’ cost in India, read this article.
The Type of Assistance
Usually, the cost of hiring depends upon the amount of work you want them to perform. Charges may alter according to the complexity of the work and time devotion required.
Data entry work or administrative work might be cheaper, around $9-$12 hourly, work like Accounting, Bookkeeping are little expensive, approximately $14-$27 hourly, technical work like development are costly around $3000-$4000 yearly.
The Experience Level
This is an apparent reason many business owners fail; virtual employees with more experience charge more than the less experienced ones. Everyone wants to save money, so they hire less experienced employees, and here is where the mess happens; let’s find out why?
For example, you have two options for Virtual Employee: the experienced one charges $20, and a less experienced one charges $12. The experienced one might deliver good quality work with faster results than an inexperienced one who can make mistakes.
We are curating you a bill of $20* 5 hours VS $12*10 hours, the experienced one drawing you to $100/week and in-experienced one coming off like $120.
Who is more economical now? You might need extra effort, time, and money to train an inexperienced one!
The Geographical Location
Suppose a cup of coffee in the USA might cost you $4 a cup; on the other hand, the same cup of coffee costs you $2 in India. This is why most companies worldwide outsource from India and the Philippines due to low labor and operating costs.
The average cost of hiring Virtual Employees from India is a quarter the rate of US virtual employees. You might think that low cost means low quality work, but no ! you will get high-quality work at a lower price.
With outsourcing will find a talented pool of people in India who are skilled and experienced in their respective fields. Also, there is no language barrier. India is the second-largest English-speaking country in the world.
The Complexity & Duration of Project
Due to high planning and application requirements, certain complex projects demand more devotion. For example, a Virtual Assistant that handles and schedules phone calls and helps out with the company’s financial documents will be paid higher because of time commitment and challenging tasks.
Aske those employed on a long-term basis virtual Employees, might be charged less than those hired for a short project.
The approximate cost of virtual employees does not have to be complex. Find out what services you want, determine the experience level you need, choose the outsourcing location of your project, and you will be fine!