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Salary Surge

How does your company fit into the current SMB hiring and salary trends?

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This story appears in the June 2006 issue of Entrepreneur. Subscribe »

Entrepreneurs kept hiring fewer people and paying existingemployees more during the first quarter of 2006. The SurePayrollSmall Scorecard, compiled by Skokie, , payrollservice SurePayroll Inc., showed that the dual trends maintainedthe directions they have taken since midway through last year.

A strong, 2.7 percent nationwide increase for the quartersuggests to SurePayroll president Michael Alter that a talent waris underway among entrepreneurs. "People are trying to findthe best employees or trying to trade up, and it's gettingharder and harder," Alter says.

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