Gusto Small Business Pay Index
Gusto is proud to support businesses across the US. As the Payroll, HR, and Benefits provider to more than 400,000 businesses across the country, Gusto is in a unique position to share real-time insights on the macroeconomic environment for small businesses. Gusto’s Small Business Pay Index tracks the median year-over-year increase in wages for employees at small businesses in real-time. In our data tracker, you can see this data broken down by business types (size, industry, state, metro area) and employee characteristics (gender, age group, and remote work status).
Gusto’s Small Business Pay Index
Methodology
The Small Business Pay Index is calculated as the 3-month rolling average of the median increase in wages for employees who were employed during the reference month and one year prior at the same company on the Gusto platform.
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The data in the above visuals is preliminary and subject to revision; please reach out to [email protected] for the most up to date information on pay and hiring trends.