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Small Business Employment and Hiring

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Infographic showing recent small business hiring trends.

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Small Business Employment and Hiring

  1. 1. Presented by SCORE.org Planned 3-Month Hiring Outlook: Long-T erm Numbers Signal A Recovery... 08 09 10 1 12 13 1 Planned Openings But Short-Term Small Biz Hiring And Pay Are Flat. 941 11,668 5/12 Pay Index Hiring Index 6/12 7/12 8/12 944 11,505 9/12 10/12 11/12 12/12 1/13 2/13 3/13 4/13 Instead, Companies Are Hiring More Free Agents 25 44 Mil P TEM 70 Mil 1997 2011 Mil 2020 (projected) Plus Other Factors Add T Hiring Hesitation: o Technologies Let Businesses Do More With Less Staff Payroll Tax Increases Government Sequester Many Hiring Are Looking Online For a lot of reasons: 40% - Better Talent 84% - Competitive Advantage 70% - Faster Time-To-Hire Pending Changes in Healthcare Requirements 37% Use Social Media Sites T Research Candidates o 65% Facebook 63% LinkedIn 18% T witter 17% Other in association with zipcar.com/business. SOURCES: • NFIB Small Business Economic Trends Quarterly report http://www.nfib.com/research-foundation/surveys/small-business-economic-trends • SurePayroll Small Business Scorecard http://blog.surepayroll.com/April-2013-scorecard/ • Elance Small Business Survey http://mozy.com/blog/misc/small-businesses-driving-new-hires-stats-show-online-jobs-are-hot/ • The End of the Full-Time Salaried Job http://business.time.com/2012/02/17/the-end-of-the-full-time-salaried-job/#ixzz2TO8LnQSB • Career Builder Survey: http://www.prnewswire.com/news-releases/thirty-seven-percent-of-companies-use-social-networks-to-research-pot ential-job-candidates-according-to-new-careerbuilder-survey-147885445.html

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