More Dollars and Hours for Employees

Small business employees are earning more and working longer hours.

According to an Intuit poll the average salary of a small business employee increased by about $18 this past month, a larger spike than employees have seen in two years.  That is a .7% rise in monthly salaries.

Employees are also working more hours.  Small businesses are working an average of 36 more minutes a month, the same Intuit report found.  This is also the largest increase in two years.

“This is the strongest small business employment report we have had in a long time,” said Susan Woodward, an economist who worked on the Intuit study.  “However, we are not out of the woods yet. While the various indicators of this market are the strongest we’ve seen in a while, the rate of increase will not get us back to full employment any time soon.”

Are your employees earning more and working longer hours?

Advertisements

About BizTV

BizTV is the home for your business. Whether you're an entrepreneur, small business owner or just managing your family's assets, BizTV can help. Find the resources you need to manage your money, start your latest venture or grow your business. BizTV, It’s Your Biz!

Posted on April 2, 2012, in Uncategorized. Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: