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The Long Term Shift to Contract Labor by Small Businesses

Small Business Labs

billion in 2010. Over the period from 2010 to 2018, contract labor spend by sole proprietors increased by an annual growth rate of 9.1%. billion in 2010 to $97.9 the spending on traditional employee salaries and wages from 2010 to 2018. the spending on traditional employee salaries and wages from 2010 to 2018.

2018 214
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Use of Contract Labor by Small Businesses Continues to Grow

Small Business Labs

billion in 2010.   This is an increase of 65% between 2010 and 2016.    Way back in 2003, contract labor was only about 20% of the labor costs of sole proprietors. By 2010 it has risen to 31%. .  As the chart below shows, U.S. sole proprietors spent about $56.8 in 2016, up from $34.4

2003 183
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Use of Contract Labor by Sole Proprietors Surging

Small Business Labs

.  As the chart below shows, sole proprietor contract labor expenses increased 38% between 2010 and 2013.  In 2013 contract labor was 36% of total labor costs, up from 31% in 2010 and just 20% in 2003.    Over the same period salary and wage expense increased only 10.7%.

2003 100
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$1 Million Ain't What it Used to Be - You Need More Than $5 Million to be a 1%er

Small Business Labs

Superyachts are those that cost $10 million or more and we didn't even know they were in a sales slump.    Although the numbers fell quite a bit during the recession, they've recovered nicely and have more than doubled since 2003.   As the article chart below shows, there are now a bit over 1 million U.S.

2003 100
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Change of Business Ownership | THE SMALL BUSINESS BLOG

The Small Business Blog

Community for small business outsourcing and cost control. Copyright © 1994-2010 Winweb® · All rights reserved. Planned Maintenance – Upgrade to WinWeb.com The Cost of Borrowing Small Office Tips Finding The Best Employees For Your Small Business Do You Need Encouraging To ‘Go Green’? E-Mail me or follow me.

2008 100
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Sugar Not The Icing On The Small Business Cake.

The Small Business Blog

Community for small business outsourcing and cost control. Copyright © 1994-2010 Winweb® · All rights reserved. Planned Maintenance – Upgrade to WinWeb.com The Cost of Borrowing Small Office Tips Finding The Best Employees For Your Small Business Do You Need Encouraging To ‘Go Green’? Starting a Small Business?

2009 100
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Clever Marketing by Kitchen Table Business | THE SMALL BUSINESS BLOG

The Small Business Blog

Community for small business outsourcing and cost control. Copyright © 1994-2010 Winweb® · All rights reserved. Planned Maintenance – Upgrade to WinWeb.com The Cost of Borrowing Small Office Tips Finding The Best Employees For Your Small Business Do You Need Encouraging To ‘Go Green’? Starting a Small Business?

2008 100