In the past, good help was expensive. Then came the internet and ushered in the concept of personal outsourcing. Now, outsourcing your worries to a virtual assistant has never been easier or cheaper…especially if you are outside the United States.
Over the past few years, the US Dollar has gradually declined against several major currencies. The graph below shows the value of the Australian Dollar against the US:
What this means is that - as most outsource providers charge based on USD - the cost to hire a virtual assistant has declined in proportion to the rise in the value of the AUD.
Compared to 5 years ago, the value of the AUD grown by over 40%. Thus, the cost of hiring assistants has fallen by almost over 40%. To show you how much an impact the exchange rate can have, consider my example:
At the start of this year, I hired a personal assistant for US$10. This amounted to roughly AU$13.5 an hour. As of now, the same assistants fee only costs approx AU$10.5. A saving of $2 per hour. This amounts to a saving of 22% or $70 per week.
Still think finding good help is expensive?
