Many businesses have turned to virtual assistants to improve productivity and decrease expenses, and they’ve proven to be the pinnacle of space, time, and money savings. When it comes to recruiting virtual assistants, B2b rating & review platform will help you in this. Some businesses are still behind the times. If your company is one of the many that has yet to take the plunge into virtual reality, this compilation of virtual assistant facts will undoubtedly change your mind.
Virtual Assistants Can Help a Company Save Up to 78 Percent on Costs
If you hire a full-time assistant on-site, you’ll need to budget for things like a desk, a computer, and so on. On the other hand, if you hire a virtual assistant, you will avoid these charges and save 78 percent of your company’s costs every year, which is not insignificant.
Employees Are Productive for 3 Hours on Average
The attraction of virtual assistants arises in part from the fact that they assist firms in saving money. Apart from the typical costs of hiring a full-time employee, businesses lose money when they pay them for an eight-hour day but only get 2 hours and 53 minutes of productive work. Meanwhile, virtual assistant data show that you may assure that you’re only paying for tasks that your remote staff produces. Virtual assistants are increasingly used by many software development companies.
More Than Half of Employees Work 2.5 Days Each Week Outside of the Office
Work-life balance has been a priority for a long time. Since the regular integration of technology into our work, employees have been given the choice to undertake part of their activities remotely. More than half of employees use this benefit and work from home for at least 2.5 days every week.
There Are More Than 20 Different Types of Virtual Assistants
Depending on the organization, virtual assistants come in a range of shapes and sizes. There is no definitive number of VA types because the corporate sector is so diverse. Virtual administrative assistants, virtual social media marketing assistants, virtual assistant writers, virtual bookkeepers, and virtual real estate assistants are among the most frequent varieties.
Freelancers Are Becoming More Common
Virtual assistants are usually self-employed individuals who work from home. According to projections, approximately 40 percent of all employees in the United States will be freelancers by 2020. Although the COVID-19 problem may have altered these estimates, the expanding trend of virtual assistants has only strengthened the gig economy, which today employs 57 million Americans.
The Virtual Assistant Industry Is Estimated to Be Worth More Than $100 Billion
In recent years, many business owners have turned to virtual assistant services to assist them with daily tasks such as social media management, email marketing, and project management.
The virtual assistant industry is expanding around the world in response to rising demand. Over the previous three years, the industry was valued at USD 85.6 billion. Its current value is estimated to be $100 billion.
Asia Has the Top Two Places to Look For Virtual Assistants
According to Upwork, one million of its 8 million virtual assistants are from the Philippines. It’s not surprising, given that Filipinos are among the best business English writers in the world. It is also the most educated country in Southeast Asia, with a literacy rate of 96.2 percent.
India is the second most popular place for outsourcing virtual assistants because it is the world’s second-largest English-speaking country. In the United States, the United Kingdom, Mexico, Indonesia, Romania, Pakistan, and Thailand, virtual assistants are growing more popular.
Social Media Management Is One of the Most In-Demand Virtual Assistant Skills
Expanding your social media presence is crucial. As a result, digital advertising consumes more than 62.3 percent of most companies’ marketing expenses. Social media management has become a sought-after skill when it comes to hiring virtual assistants. Clients also hire virtual assistants with considerable email marketing and project management skills.
Salary Information for Virtual Assistants
So far, we’ve covered the basics of virtual assistants and the industry. We’re going to break down the salaries of virtual assistants now, though.
As of October 11, 2021, the average yearly compensation for a Work From Home Virtual Assistant in the United States is $67,115. We discovered ten locations where the typical Work From Home Virtual Assistant salary exceeds the national average. San Francisco, California is at the top of the list, followed by Fremont, California, San Jose, California. San Jose, California, beats the national average by $12,381 (18.4%), while San Francisco, California, outperforms the national average by an additional $18,079 (18.4%). (26.9 percent ).