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Economics News

Small businesses offering more bonuses this season


GLENVIEW, IL— About 64 percent of small business owners will offer a holiday or year-end bonus to employees this year, according to the Sure Payroll’s Small Business Scorecard.

It’s a spike from two years ago when SurePayroll surveyed business owners about bonuses, and only 52 percent were providing additional pay.

Only 29 percent said the amount they would give was negatively impacted by macroeconomic events, compared to 36 percent two years ago.

Small business owners also expressed more optimism about the economy than a year ago, with 75 percent saying they’re optimistic, compared to 68 percent last November.

“This appears to be part of a trend we’ve been seeing for a while, as small business owners reported meeting and exceeding their goals financially,” said SurePayroll General Manager Andy Roe. “Aside from last month when optimism was fairly low, optimism, and, more specifically, profits, have been steady. Now they’re rewarding their employees accordingly.”

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