Everyone has heard of employee turnover-- and the challenges and problems that come with it.
Turnover costs about 20% of annual salary for mid-range positions. For example, the cost to replace a $40k manager would be $8,000. Other sources estimate that for mid-level employees, it costs upwards of 150% of their annual salary to replace them. Ouch. Obviously, it pays to hire well and retain better.
Things are a little different with a Virtual Assistant company.
When you hire a Virtual Assistant company, like Virtual Assist USA, we take care of all of the following:
Recruiting: We identify, assess, screen, and hire candidates for the role.
Training: We ensure that our Virtual Assistants are experienced with the tools and processes needed to support your business.
Personal Development: We provide feedback, development coaching, and mentorship for the betterment of their work.
Turnover: We maintain trained backups and manage transitions.
You can see that hiring a Virtual Assistant company over an individual employee is a tremendous benefit when it comes to the pitfalls that come with turnover. However, turnover still happens in a Virtual Assistant company -- the difference is that the company takes care of everything for you!