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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 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 organizations that have many locations.
He has achieved 25% of his goal of creating a million digital marketing jobs because of his partnership with universities, professional organizations, and agencies. Companies like GoDaddy, Fiverr, onlinejobs.ph, 7 Figure Agency, and Vendasta partner with him to create training and certifications.
Dennis created the Dollar a Day Strategy for local service businesses to enhance their existing local reputation and make the phone ring. He's coaching young adult agency owners who serve plumbers, AC technicians, landscapers, roofers, electricians in conjunction with leaders in these industries.
Mr. Yu believes that there should be a standard in measuring local marketing efforts, much like doctors and plumbers need to be certified and licensed. His Content Factory training and dashboards are used by thousands of practitioners.