The cost cutting efforts and productivity innovations of small business owners seems to have resulted in increased cash flow for the holidays, as 55 percent say they will give their employees a bonus this year-end, according to our SurePayroll Small Business Scorecard. This is almost a 20 percent jump from a year ago. While small businesses have seen hiring drop and the average paycheck remain flat over the last year, they may be in for a surprisingly good end to 2013.

Main Street businesses seem to have found a way to grow revenues by increasing productivity their existing employees. With the increase in holiday bonuses, the hope is that these employees will now have some extra cash in their own pockets to spur growth for local businesses.

See the whole picture on the small business economy in our infographic below.

 

 

November Scorecard

The SurePayroll Hiring and Paychecks Indices

National Results
Month Hiring Index Pay Index
November ’13 11,390 937
October ’13 11,403 938
September ’13 11,415 938
August ’13 11,414 942
July ’13 11,440 940
June ’13 11,454 942
May ’13 11,469 943
April ’13 11,505 944
March ’13 11,528 944
February ’13 11,550 945
January ’13 11,564 944
December ’12 11,576 938
November ’12 11,584 937
Regional Results
Midwest
Month Hiring Index Pay Index
November ’13 10,622 945
October ’13 10,640 947
September ’13 10,664 949
August ’13 10,674 954
July ’13 10,709 954
June ’13 10,735 955
May ’13 10,763 954
April ’13 10,825 954
March ’13 10,871 951
February ’13 10,909 948
January ’13 10,932 945
December ’12 10,951 938
November ’12 10,960 936
Northeast
Month Hiring Index Pay Index
November ’13 11,325 908
October ’13 11,353 911
September ’13 11,381 912
August ’13 11,403 917
July ’13 11,442 918
June ’13 11,477 923
May ’13 11,513 926
April ’13 11,583 929
March ’13 11,640 931
February ’13 11,687 933
January ’13 11,728 932
December ’12 11,771 923
November ’12 11,809 924
South
Month Hiring Index Pay Index
November ’13 12,382 959
October ’13 12,385 958
September ’13 12,382 956
August ’13 12,360 957
July ’13 12,377 954
June ’13 12,371 954
May ’13 12,364 954
April ’13 12,370 955
March ’13 12,356 951
February ’13 12,345 952
January ’13 12,330 952
December ’12 12,304 948
November ’12 12,269 949
West
Month Hiring Index Pay Index
November ’13 9,922 1,111
October ’13 9,927 1,113
September ’13 9,935 1,114
August ’13 9,931 1,119
July ’13 9,944 1,118
June ’13 9,956 1,120
May ’13 9,969 1,121
April ’13 9,983 1,123
March ’13 10,004 1,127
February ’13 10,031 1.128
January ’13 10,046 1,129
December ’12 10,077 1,124
November ’12 10,115 1,122

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