SOURCES:1.16 Surprising Statistics About Small Businesses http://www.forbes.com/sites/jasonnazar/2013/09/09/16-surprising-statistics-about-small-businesses/2. Startling Statistics about Human Resources Mistakes http://www.sourcepointe.com/startling-statistics/3. Small Business Employment: Fourth Quarter 2013 http://www.sba.gov/sites/default/files/Quarterly_Employment_Bulletin_4q2013%20.pdf4. 20 Mobile Recruiting Insights #mrec13 http://www.talenthq.com/2013/09/20-mobile-recruiting-insights/5. Vital Small Business Statistics, Trends and Facts for 2014 http://www.getbusymedia.com/vital-small-business-statistics-trends-and-facts-for-2014/ http://www.microbiz.org/very-small-businesses-created-5-5-million-jobs/ * http://www.entrepreneur.com/article/226800# *
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“Work with me, people!”
50%work in a small business
of workersin the U.S.
Small businesses created63% of new jobs frommid 2009 to 2012
From 2004 to 2010,micro businesses* were
the BIG employers!
*1 to 4 employees
5.5Mnew jobs
...while businesses w/ 500 or moreemployees LOST1.8M jobs
And in the next5 years, 37% of small businesses will have 5+ employees
Small business success is tiedto employee success...
But they cost time & money:
HR workconsumes
25-35% of an owners time
7-25% oftime handling
employeepaperwork
< 20employees = 60% highercompliance
costs
75-150%of Salary
... is the estimated cost of employee turnover
30% of Small Business Failures
... are blamed onpoor hiring decisions
Recruitment & management are going mobile:
1.3B will work virtually by 2015Mobile friendly recruitment, properly executed, has a conversion rate 5x to 10x better than PC – at 20% the cost
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