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ABSOLUTE LEGAL ASSISTANCE, LLC PAID DOWN TIME On average there are 261 work days per year – 10 Holidays – 5 Vacation Days – Total of 15 days (3 work.

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Presentation on theme: "ABSOLUTE LEGAL ASSISTANCE, LLC PAID DOWN TIME On average there are 261 work days per year – 10 Holidays – 5 Vacation Days – Total of 15 days (3 work."— Presentation transcript:

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2 ABSOLUTE LEGAL ASSISTANCE, LLC

3 PAID DOWN TIME On average there are 261 work days per year – 10 Holidays – 5 Vacation Days – Total of 15 days (3 work weeks) of paid down time 15 days x 8hours per day = 120 hours 120 hours x $24.04/hour (hourly rate based on annual salary of $50,000.00) = $2,884.80 annual paid down time Employers hiring Contractors will not incur this expense, because Contractors are paid for billable time only.

4 EMPLOYER ANNUAL EXPENSES FOR FULL- TIME PARALEGAL/LEGAL ASSISTANT Annual Salary $50,000.00 Insurance (Medical, Dental, Disability)$ 6,200.00 FICA (Medicare and SSN)$ 3,825.00 Federal Unemployment (6.2% on $7,000.00)$ 434.00 State Unemployment (4.0% on $9,500.00)$ 380.00 Office Space$ 9,600.00 est. Total Annual Expenses$70,439.00

5 EMPLOYER ANNUAL EXPENSES FOR CONTRACT EMPLOYEES Hourly Rate for Most Services$75.00 Actual Time 800 annual hours Health and Disability$0.00 Total Holiday Pay$0.00 Total Vacation Pay$0.00 Total Medicaid/FICA$0.00 Federal Unemployment $0.00 State Unemployment$0.00 Total Annual Expenses$60,000.00 Total Annual Full Time Employee Expense $70,439.00 Total Annual Contract Employee Expense$60,000.00

6 TOTAL SAVINGS $10,439.00

7 This presentation was brought to you by ABSOLUTE LEGAL ASSISTANCE, LLC


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