Results from the February 2014 SurePayroll Small Business Scorecard were a mixed bag (see our infographic below), with cold weather causing a slowdown for some businesses, while optimism hovered close to 70 percent.
Hiring and the average paycheck were each down slightly at 0.1 percent, and the Scorecard survey found more than 60 percent of small business owners still see the cost of salaries and wages as a barrier to hiring. One in three said they are not finding qualified candidates.
One in three also said the severe weather that’s hit much of the country during the beginning of the year caused a slowdown in their businesses. Only 37 percent said they have a disaster plan in place for unforeseen events (i.e., snowstorms, hurricanes, floods or dangerous temperatures).
With the use of technology, small business owners may want to consider mobile technology and Cloud computing as a way to work when the office is inaccessible.
The Scorecard survey also asked small business owners what types of employees they would hire if cost were not an issue. At the top of their lists were:
- Administrative Assistant
Only 4 percent said that benefits alone (i.e., health care, insurance, 401k match and Social Security/Medicare taxes) were a barrier to hiring.