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Small business salaries increased by 7.4% in 2006
http://www.surepayroll.com/scorecard/nationalresults.asp ^

Posted on 01/24/2007 2:25:39 PM PST by JCRoberts

National Small Business Trends

Small businesses decreased employee headcount by 0.2% in 2006. That's significantly less than the 4.4% growth we experienced in 2004 and a modest drop from the 0.3% increase we witnessed in 2005.

The national SurePayroll Hiring Index, which measures the number of employees within small businesses, ended December at 10,442, up 15 points from November. We closed 2005 at 10,466.

December marked only the fourth month in 2006 in which we saw increased hiring. We'll have to wait until 2007 to see if small business hiring continues to rise, stays flat or shoots down.

Small business salaries increased by 7.4% in 2006. Small business salaries decreased by 0.5% in 2005. In 2004, small business salaries dropped 4.8% on average.

Small business paychecks were up in December but by less than a single index point. The SurePayroll Pay Index clocked in at 1018 at the end of December, exactly where it stood at the end of November.

Salaries rose in every single month of 2006.

The monthly SurePayroll Scorecard data for December 2006 can be found in the table below.

(Excerpt) Read more at surepayroll.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS:
Good news/bad news for small business employees.
1 posted on 01/24/2007 2:25:40 PM PST by JCRoberts
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To: JCRoberts

According to Jim Webb, they must share their largess with the rest of us.


2 posted on 01/24/2007 2:36:10 PM PST by iceskater (One person's mess is another person's filing system.)
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To: JCRoberts

Since a large percentage of small business jobs are "off the books" How does anyone know what the real numbers are?


3 posted on 01/24/2007 2:37:57 PM PST by spintreebob
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To: spintreebob

I am assuming since they're a payroll company they're pulling data from their clients who do have jobs on the books. I would think the results would scale.


4 posted on 01/24/2007 2:44:37 PM PST by JCRoberts (Cubdom...worthless since 1908)
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To: JCRoberts

Exactly. What one can afford to pay ones employees and oneself is determined by the market in general and not whether one is on or off-books. Obviously off-books could pay more, but that was true last year too, and this is talking about percent change year over year.


5 posted on 01/24/2007 2:47:47 PM PST by Still Thinking (Quis custodiet ipsos custodes?)
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To: spintreebob

Well, you hire more government nazis to check on the small business. Then everyone's happy. Try it- I do every day - and night. And weekends and holidays ( invented or not) And then do it again the next day.


6 posted on 01/24/2007 2:52:05 PM PST by hkp123
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To: Still Thinking

That's a pretty good year over year increase despite hiring by small businesses being down a little.


7 posted on 01/24/2007 2:52:45 PM PST by JCRoberts
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To: JCRoberts

They may be making the existing employees work more hours rather than make new hires to save on the exhorbitant cost of health insurance and other bene's but still compensating them in wages and salary.


8 posted on 01/24/2007 2:58:05 PM PST by Still Thinking (Quis custodiet ipsos custodes?)
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