Cost Saving & Calculator



EXAMPLES:


(A) ATTORNEY / LAWYER (3-5YRS)
Sr. NO.
Cost
Now In-House (Monthly in USD)
If Outsourced
(Monthly in USD)
A
Salary
10,000
4,000
B
Benefits 20% of ‘A’
2,000
C
Insurance 20% of ‘A’
2,000
D
Associated Cost 10% of ‘A’ (Recruitment, Hiring, and Training etc.)
1,000
E
Overheads 35% ‘A’ (Real Estate, Infrastructure & Support Cost)
3,500
18,500
4,000
                  Net Savings: 18,500 - 4000 = 14,500 per Virtual Employee

(B) IT PROFESSIONAL / SOFTWARE ENGINEER /  PROGRAMMER (EXP. 3-5 YRS)
Sr. NO.
Cost
Now In-House (Monthly in USD)
If Outsourced
(Monthly in USD)
A
Salary
7,000
3,500
B
Benefits 20% of ‘A’
1400
C
Insurance 20% of ‘A’
1400
D
Associated Cost 10% of ‘A’ (Recruitment, Hiring, and Training etc.)
700
E
Overheads 35% ‘A’ (Real Estate, Infrastructure & Support Cost)
2,450
12,950
3,500
                  Net Savings: 12,950 - 3,500 = 9,450 per Virtual Employee

(C) ACCOUNTANT (3-5 YRS)
Sr. NO.
Cost
Now In-House (Monthly in USD)
If Outsourced
(Monthly in USD)
A
Salary
5,000
2,500
B
Benefits 20% of ‘A’
1000
C
Insurance 20% of ‘A’
1000
D
Associated Cost 10% of ‘A’ (Recruitment, Hiring, and Training etc.)
500
E
Overheads 35% ‘A’ (Real Estate, Infrastructure & Support Cost)
1750
9,250
2,500
                   Net Savings: 9,250 - 2,500 = 6,750 per Virtual Employee






Copyright©virtualemployeeinindia.com