If you hired new employees last month, you’re not alone. And if you had to pay those new employees a little more than you expected, you’re also in good company.
The May 2007 SurePayroll Small Business Scorecard, an economic indicator that tracks the health of U.S. small businesses, indicates that small biz hiring increased and salaries rose last month.
Year to date, small-business hiring has increased 1.8 percent and salaries have improved by 2.7 percent. The current average small-business salary in the U.S. now stands at $32,142.
SurePayroll’s analysis is based on payroll records of more than 18,000 companies.
Photo by MSDesigns.
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