Cost Comparison Vs. Employee?
The short answer: Service levels begin at a rate of $500 per month. Perhaps the most frequently analysis that must be performed by a potential client is whether using Justin Time can provide better quality work for less money. Of course, we’ll argue that better quality work should be demanded at any price (within reason), but we get the point. Generally, Justin Time’s monthly retainer equates to between $12K and $18K per year. Compare this with an employee. Bookkeepers with even minimal experience are demanding salaries upwards of $40K per year. Assuming that a business can find one to work part-time, it will still cost $20K per year….plus insurance….plus vacation….plus sick time….plus payroll taxes. Thus, if a business can find an employee with minimal experience willing to work part-time, the business will pay more money than a typical Justin Time client pays for accounting services. In addition, Justin Time provides a level of expertise that is commensurate with a much highe
