Virtual assistants offer assistance to organizations and people remotely.
It’s a great way to earn money from home with minimal risk and no start-up costs.
Depending on their expertise and clientele, a virtual assistant’s duties may differ.
Virtual assistants are in demand in 2022 due to the growing number of businesses that need help with tasks like social media management, project management, and email correspondence.
If you want to become a virtual assistant and have been wondering how much do virtual assistants make?
Here is the answer.
- Does Being a Virtual Assistant Pay Well?
- Can You Make a Living as a Virtual Assistant?
- How Many Hours Do Virtual Assistants Work?
- How Much Do Virtual Assistants Make?
- How Much Does a Beginner Virtual Assistant Earn?
- Tips To Make More Money as a Virtual Assistant
- Is It Worth To Be a Virtual Assistant?
- Frequently Asked Questions
- Wrapping Up
Does Being a Virtual Assistant Pay Well?
Yes, being a virtual assistant can be lucrative.
However, it depends on your skills and how hard you work.
The average salary for a virtual assistant can vary with your location and what type of clientele you have.
Virtual assistants who work for businesses in large cities can make much more than those who work for individuals or small businesses in rural areas.
Furthermore, as technology has advanced and becomes more accessible, the demand for virtual assistants has increased along with their paychecks.
Can You Make a Living as a Virtual Assistant?
Yes, you can make a decent living as a virtual assistant, but it won’t happen overnight.
Virtual assistants’ income depends on the tasks they are asked to complete, their work industry, and their experience.
You’ll also need to build up your client base slowly, so they trust you enough to refer their friends and family to you.
That will take time, but once you start seeing some referrals pop up, it will be well worth the effort.
How Many Hours Do Virtual Assistants Work?
The typical schedule for a virtual assistant is 8 hours per day, five days per week.
If you work part-time, your working hours will shift depending on your customers’ demands.
To offer the finest support when working with international clients, you must be accessible around the clock.
How Much Do Virtual Assistants Make?
Virtual assistants earn around $20 per hour, but the earnings may be higher based on their level of expertise.
- How Much Do Virtual Assistants Make an Hour? Virtual assistants can earn anything from $7 to more than $63 per hour.
- How Much Do Virtual Assistants Make Per Month? Full-time virtual assistants’ monthly salary is around $1,000. However, assistants with specific expertise in editing, search engine optimization, and web design may earn far more, usually between $1,250 to $5,000.
- How Much Can Virtual Assistants Make a Year? The average annual salary for a virtual assistant is over $60,000.
How Much Does a Beginner Virtual Assistant Earn?
A beginner virtual assistant’s hourly wage could be around $15 per hour.
What you can earn as a beginner depends on your expertise, the number of hours you put in each week, and the services you offer.
If you have a marketable skill set or extensive relevant work experience, getting your dream compensation may be possible through bargaining.
Tips To Make More Money as a Virtual Assistant
Here are some helpful tips to help you make more money as a virtual assistant.
1. Offer More Services
The first step to succeeding as a virtual assistant is offering more services.
You can do this by adding new skills or learning new ones.
For example, if you’re already helping clients with social media management but want to expand into copywriting or graphic design, take a class on those topics and offer them as options to clients.
If you don’t have time for an in-person class, consider taking online courses through platforms such as Udemy or Skillshare.
These options are less expensive and allow you to learn at your own pace.
Likewise, if you have an entrepreneurial spirit and enjoy managing other people, you could help them create plans for their businesses.
You can also add value by providing access to resources that are difficult for clients to get on their own such as software.
2. Get a Relevant Degree
If you want to become a successful virtual assistant, make sure your degree is relevant to the work you want.
For instance, to become an online writer, get a degree in literature or journalism.
If your degree is not relevant to your desired field of work, it will be difficult for clients to trust your expertise and knowledge.
3. Take On Multiple Clients
The more clients you have, the more money you can make as a virtual assistant.
One client might not be able to pay much or require too much of your time, but if you take on multiple clients, each one pays less but gives you more hours of work per week.
4. Raise Your Rates
You should always charge what the market will bear, especially if it means more money in your pocket.
When raising rates with existing clients, don’t forget how much value they’re getting from your services and how much time they save.
Don’t feel pressured into accepting lower rates just because you’re desperate for work.
When figuring out how much to charge for your services, consider what other virtual assistants in your area charge.
Is It Worth To Be a Virtual Assistant?
Yes, being a virtual assistant is worth it as it allows working from home without a degree.
You only need basic information on the tasks and excellent communication skills.
You can make a decent income if you have high-level skills and well-paying clients.
Pros of Becoming a Virtual Assistant
Here are some of the top benefits of becoming a virtual assistant.
You can set your schedule and work from anywhere as a virtual assistant.
If you want to travel, you can take your laptop with you.
In addition, you don’t have to worry about getting up early or staying late at the office.
Choose Who You Work With
You can choose who you want to work with and what projects you take on.
That gives you more control over your time and allows you to pick and choose which jobs appeal to you most.
Set Your Own Rates
Virtual assistants set their rates for services.
However, that could be a challenge when starting because no one wants to pay their first freelancer a lot.
But once you’ve built up some experience, clients will be willing to pay more for your services since they know your service quality.
Potential for a Full-Time Income
It is possible to earn a living online on a full-time basis.
Most individuals advance and establish virtual assistant businesses to make as much money as they want.
Most internet money-making opportunities demand skills or take time to provide returns.
For obvious reasons, nobody will part with their cash if you can’t offer a service or sell a product.
Many newcomers struggle to make even their first few dollars online.
However, being a virtual assistant is much less complicated than many other options.
Here are tasks that don’t require experience:
- Responding to emails
- Posting on social media
Cons of Becoming a Virtual Assistant
Like other remote working opportunities, a virtual assistant faces many challenges.
Here are several cons of becoming a virtual assistant.
Working from home can be a distraction if you don’t have a separate office, especially if you have children or pets.
You Need Discipline
Your customers won’t pressure you to complete tasks because they’ll only pay if you deliver what you promised.
Procrastinating is possible because you don’t have anyone looking over your shoulder.
Thus,documenting workflows is helpful.
But if you’re used to working in an office environment with strict deadlines, this shouldn’t be too much of a problem.
No Paid Vacations
If you work the typical 9 to 5 schedule, your employer will still compensate you for holiday leave.
That is different from virtual assistants because you cannot make money if you don’t work.
Conclusion: Is the Pay Worth the Time Tradeoff?
Yes, the pay is worth the tradeoff to become a virtual assistant.
Although most virtual assistants don’t get rich overnight, they get a respectable wage.
Those with exceptional skills, considerable work experience, and a sizable client base might make more annually.
Frequently Asked Questions
Here are the most common questions people ask about virtual assistant jobs.
What is the highest-paying virtual assistant job?
The highest-paying virtual assistant job in 2022 is an executive assistant.
You need vast experience in preparing presentations to land an executive assistant job.
Most administrative assistants are answerable to the company’s director.
How much should a beginner virtual assistant charge per hour?
Beginners’ hourly rates usually start at $15.
You can increase your hourly rate depending on the complexity of the task.
As a beginner, you can start by working with a virtual assistant website before landing more clients.
So, how much do virtual assistants make? An average virtual assistant makes around $20 per hour.
Virtual assistant positions are beneficial for offices with hybrid work schedules.
The first step to becoming a virtual assistant is to look at what experience you have that’s relevant to the available opportunity.
Your earnings on the virtual assistant websites will be higher if you have specific skills and provide top-notch services.
We hope our guide on how much do virtual assistants make was helpful.
If you have any questions regarding the process of becoming a virtual assistant, let us know in the comment section below.