|
|
|
Typical Costs of
Maintaining a Full Time
|
|
Typical Salary |
|
$36,000/ $17.31/hr. |
|
Paid Vacation |
|
$1385 |
|
Temp during Vacation |
|
$2000 |
|
Health Insurance (employer portion 12 mos.@$150) |
|
$1800 |
|
Parking (12 mos. @ $50) |
|
$600 |
|
FICA Taxes (7.65%) |
|
$2754 |
|
Worker's Comp. (.61%) |
|
$220 |
|
Unemployment (State & Fed) |
|
$309 |
|
Misc. costs (Vision, Dental, Disability & 401K Matching, Profit Sharing & Stock Options) |
|
$??? |
|
Office
Space for Secretary |
|
$2500
|
|
Cost of
Overtime Pay |
|
$3115 |
|
Idle time during employer's absence (min. 2 wk vacation included for employer) |
|
$1500 |
|
Annual Bonus (1 mo. salary) |
|
$3000 |
|
Sick Time (10 days/year) |
|
$1385 |
|
Other intangible costs (furniture, testing, training & fees, sick children, etc.) |
|
$1200 |
|
Total Typical All In Costs |
|
$57,768
|
|
Total Effective hourly rate |
|
$27.77/hour |
|
75% productive level |
|
$37.03/hour |
|
50% productive level |
|
$55.55/hour |
Note-Full time staff is seldom 100% productive due to idle time between tasks,
personal matters, inability of employer to generate work for staff because of
distractions, meetings and commitments.
Million Dollar Agents have Assistants ---
Multi-Million Dollar Agents have Virtual Assistants!!!
See TV Article from Good Morning America July 12, 2005.
Article emphasizes the amount of time per day wasted by their employees:
"Bild a Better Business" honors their Real Estate Agent Clients by making sure everything stays confidential.
| • email: Sandra@WeDoMOREforYou.com • |
