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Maybe the big companies of this world do not need that chance but what about the growing number of single-member companies?

Their owners are self-employed, probably even working from home, offering their services to various clients? One day they might want to hire their first employee to be able to delegate part of their work and to focus on growing their business.

In Austria this should be calculated very well! Costs for a working place, equipment like computer and phone and the salary for the supportive help add up quickly. The net salary the job candidate wishes or which has to be paid according to collective agreements has to be multiplied with 1.8 on average. Yes, in addidtion to the 100{b810dd0a8b6f2ca5eb334d89dec4652ed988f7dab2e85ca6d7576e2ffecbb680} of the amount the employee gets the single member company owner will have to pay an extra 80{b810dd0a8b6f2ca5eb334d89dec4652ed988f7dab2e85ca6d7576e2ffecbb680} to various authorities.

5 weeks vacation time, absence due to illness or public holidays – all in all the owner will have his helping hand less than 10 months a year but will still have to pay for 12 months.

What if support of the employee was needed irregularly like part-time one month, not at all another month and full-time a third month. No easy way to get what’s needed. Unless …

Unless Austrian companies start exploring international sites where freelancers offer their support without employment but for payment per hour. One of these places is odesk.com – “the world’s largest online workplace, where 1+ million companies hire freelancers to get the job done.”. Alone in the category “manage your tasks” there are “26.796 professional virtual assistants ready to tackle your to-do list”.

According to oDesk by 2018 online work is projected to be a $5B market.

If Austrian single-member companies agree that this could help to grow their business they should consider a few things before.

– to be continued –