Paying a virtual assistant is pretty easy. Structuring their pay is the issue. What’s the better option? Should you pay your VA by the hour or a monthly salary.
There are pros and cons to both. Personally, I pay a monthly salary.
The advantage of paying your VAs hourly is you only pay for the work that they do. But the problem with that is they’re only going to do what they’re told. And that’s it. Like if you hire a graphic designer to create social media images for you, once he’s done with his work you’re the one who has to work on getting the posts written for it, scheduling the posts, interacting with fans, etc. That didn’t really give me more time. I still have to do most of the work.
With a monthly salary, I know there’s a big chance they’re not doing 40 hours of work. So it forces me to plan and strategize to make the most of what I’m paying them.
Like when I hired a VA to write articles for me, I also taught him how to submit them to article directories, upload them on WordPress, optimize his work for SEO, etc. I was able to outsource an entire process, not just one task. I never had to think about it again because I know my VA had that covered.
Another disadvantage to paying hourly is, in the Philippines, it’s always associated with temporary work. Hourly work implies that you can lose that job anytime and there’s no guarantee your client will come back to you for more work. Even before your VA is done with their task, they’re already looking for the next gig. So you can’t expect any loyalty from them because there’s no stability.
When you hire someone on a salary basis, it forces you to care. It forces you to think like a CEO and delegate work so you can get your 40 hours worth. Yes, it takes a lot of planning and work. You have to train them. You have to think about all the things you can delegate. But once you outsource these tasks, they’re off your plate forever.
The first time I implemented this, my income doubled in the first year. AND I didn’t have to work 40 hours a week. I was able to step away from my business to take care of my family AND I made more money. Who doesn’t want that?
If you want to know the details of that story, check out my book, the Outsourcing Lever. It’s free. You can get a physical copy, just pay for shipping. And in it, I’ll also teach you how you can leverage outsourcing to help your business grow.
And if you want to see more videos, check out our YouTube channel or our Facebook page for more outsourcing tips. You can also check out how to get started on hiring Rockstar Virtual Assistants.
About John Jonas
John Jonas is a long-time outsourcing expert and the creator of OnlineJobs.ph.
Since 2005, John has taught hundreds of thousands of entrepreneurs how to profitably delegate to VAs in the Philippines (and get their lives back in the process).
With help from his own VAs based in the Philippines, John has created an outsourcing empire that allows him to work 17 hours/week and to spend most of his time with his wife and 5 kids.
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