Facebook Twitter Instagram Pinterest YouTube Tumblr LinkedIn RSS
    • About
    • Advertise
    • Contribute
    • Donate
    • Forum
    • Contact
    Login
    InfoStride NewsInfoStride News
    • Home
    • Business
    • Celebrity
    • Crime
    • Nigeria
    • Politics
    • Sports
    • Technology
    • More
      • COVID-19
      • Editor’s Picks
      • Health
      • Opinions
      • Press Releases
      • World
    Subscribe
    InfoStride NewsInfoStride News
    Home»Technology»Computer & Software»Growth Picture Turns Murky for Small Businesses

    Growth Picture Turns Murky for Small Businesses

    Computer & Software By Brian JohnsonJan 31, 2014No Comments3 Mins Read
    Facebook Twitter WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte

    GLENVIEW, IL–(Marketwired – January 31, 2014) – SurePayroll Inc., a leader in providing online payroll to small businesses nationwide, today announced results for the January 2014 SurePayroll Small Business Scorecard® and survey, which shows decidedly mixed results to start the year.

    Half of small business expect to hire for new positions in 2014, according to the SurePayroll survey, however that means half do not. Only 45 percent said they have extra cash on hand to take advantage of hiring and growth opportunities or unforeseen setbacks. Their level of optimism is at 65 percent, down just slightly from 70 percent at the end of 2013.

    The promising thing is that 80 percent expect to be profitable in 2014 regardless of the economy’s growth rate, barring a major downturn.

    “We’re still in glass half empty, glass half full territory. The problem is the glass needs to be full before we see real growth,” said SurePayroll CEO and President Michael Alter. “Small businesses have learned how to profit without hiring during the last two years, and that’s not going to change unless everything lines up just right. Demand has to rise, cash flow has to increase and then there have to be qualified candidates to hire. Small business owners just aren’t seeing that right now.”

    See also  2014 Linux Jobs Report: Demand for Linux Expertise Drives Hiring Priorities

    Month over month, hiring was down 0.1 percent and paychecks were down 0.2 percent in January.

    Hiring in the South and West was flat month over month, and down 0.2 percent in the Midwest and Northeast. The average paycheck was down across the country, dropping the most in the Midwest (-0.5 percent).

    As the first economic indicator created by a payroll company, the SurePayroll Scorecard has provided a monthly look at national hiring and paycheck trends since October 2004. SurePayroll’s Scorecard compiles data from small businesses nationwide, and exclusively reflects the trends affecting the nation’s “micro businesses” — those with1-10 employees. The average business reflected has six employees.

    The full SurePayroll Small Business Scorecard – Main Street Matters infographic includes data for SurePayroll’s top 35 MSAs. The January 2014 Scorecard is available now on the SurePayroll blog.

    About SurePayroll

    SurePayroll is the trusted provider of easy online payroll services to small businesses nationwide. Whether a business has 1, 10, or 100 employees, SurePayroll delivers peace of mind by combining innovative, industry-leading technology and personalized support from an award-winning, U.S.-based customer care team. SurePayroll also provides private-label and co-branded services for accountants and banking partners as well as offering efficient online solutions for managing 401(k) plans, health insurance, workers’ compensation, employee screening and more. SurePayroll is a wholly owned subsidiary of Paychex. For more information, please visit www.SurePayroll.com. Follow us on Twitter – Circle us on Google+ – Connect with us on LinkedIn – Like us on Facebook.

    See also  Brocade Announces Pricing of $500 Million Convertible Senior Notes Offering

    About Paychex

    Paychex, Inc. (NASDAQ: PAYX) is a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human resource services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. A variety of business insurance products, including group health and workers’ compensation, are made available through Paychex Insurance Agency, Inc. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 570,000 payroll clients as of May 31, 2014. For more information about Paychex and our products, visit www.paychex.com.

    Lori Bolas
    847-676-8420 ext. 7248
    lori.bolas@surepayroll.com

    Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate

    Computer Computer News Computing News Marketwired Press Release Software Software News
    Share. Facebook Twitter WhatsApp Pinterest Reddit Tumblr VKontakte Email LinkedIn

    Related Posts

    BudgIT launches TrackaMobile 2.0 App to aid Participatory Governance at the Subnational Level

    Nov 14, 2022

    How to Transfer Music from Computer to iPhone

    Jul 31, 2022

    MTN Apologises Following Network Sudden Outage

    Oct 11, 2021

    Google Makes Plans Invest $1bn To Improve Internet Access In Africa

    Oct 6, 2021
    Add A Comment

    Comments are closed.

    Get Social with Us
    • Facebook
    • Twitter
    • Pinterest 94
    • Instagram
    • YouTube
    Latest Posts

    Mr Eazi Has Abundant Money And Resources – Small Doctor

    Jun 9, 2023

    Messi Chose His Peace Of Mind Over Barcelona – Xavi

    Jun 9, 2023

    An Immigration Officer Once Called Me Out For Indecent Dressing – Simi

    Jun 9, 2023

    Rashford Would Beat Me In A Race Over 20 Yards – Usain Bolt

    Jun 9, 2023

    Subscribe to Updates

    Get the latest breaking news straight into your inbox!

    Random News

    Lagos State commences Decontamination of Animal Markets, promotes Environmental Health

    Apr 26, 2020

    T.Pain, Lil Wayne Release New Music Titled “GOAT Talk”

    Feb 28, 2019

    Federal Ministry Of Health Gives Update On Breast Cancer

    Nov 6, 2020

    My Family Is My Happy Place – Kelly Rowland

    Feb 12, 2021

    InfoStride News delivers the latest breaking news, Nigeria news, world news and top stories on business, celebrity, entertainment, politics, sports, technology and more. Experience the best of in-depth coverage, special reports, football highlights, political opinions, crime watch, celebrity gossips etc.

    GooglePlay Store Button

    Support InfoStride News' Credible Journalism

    Credible journalism involves a lot of efforts and money; and can guarantee a fair, accountable and transparent society, including democracy and government. We need your support to continue offering free access to our loyal readers and visitors like you.

    Click here to Donate

    Facebook Twitter Instagram Pinterest YouTube Tumblr LinkedIn RSS
    • Our Terms
    © 2023 InfoStride News. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Continue with Facebook
    Continue with Google
    Continue with Twitter
    Lost password?