We must compute the cost, the hours and the tasks that a VA completed in order to evaluate their performance. We have created a formula that everyone can use to estimate the efficiency of a VA.
1. Determine the following:
•VA cost per hour
•VA hours worked per day
•VA tasks completed per day
2. Solve the equation
(VA cost per hour x VA hours worked per day) ÷ VA tasks completed per day
Example 1:
If a VA completes 10 tasks, works 8 hours per day and you pay the VA $10 per hour, then
Efficiency =(VA cost per hour x VA hours worked per day) ÷ VA tasks completed per day
= (10 per hour x 8 hours worked per day) ÷ 10 tasks
= 80 ÷ 10
= 8
Therefore, that task’s cost is $8 per task if that VA works on that type of task.
Example 2:
If a VA completes 40 tasks, works 8 hours per day and you pay the VA $10 per hour, then
Efficiency =(VA cost per hour x VA hours worked per day) ÷ VA tasks completed per day
= (10 per hour x 8 hours worked per day) ÷ 40 tasks
= 80 ÷ 40
Therefore, that task’s cost is $2 per task if that VA works on that type of task.
Dennis Yu
Dennis Yu is the CEO of Local Service Spotlight, a platform that amplifies the reputations of contractors and local service businesses using the Content Factory process. He is a former search engine engineer who has spent a billion dollars on Google and Facebook ads for Nike, Quiznos, Ashley Furniture, Red Bull, State Farm, and other brands.
Dennis has achieved 25% of his goal of creating a million digital marketing jobs by partnering with universities, professional organizations, and agencies. Through Local Service Spotlight, he teaches the Dollar a Day strategy and Content Factory training to help local service businesses enhance their existing local reputation and make the phone ring.
Dennis coaches young adult agency owners serving plumbers, AC technicians, landscapers, roofers, electricians, and believes there should be a standard in measuring local marketing efforts, much like doctors and plumbers must be certified.