Modest Employment Growth, PIPs on Rise, Benefits of Small Businesses

The monthly Paychex Small Business Employment Watch for November shows that job growth remains steady – and has been for 11 months with modest growth – but in areas impacted by hurricanes Helene and Milton the job growth has shown significant recovery. A report by the Wall Street Journal has shown that employers are using performance improvement plans (PIPs) more regularly and often as a way to terminate than as a way to help the employee get better. And small businesses continue to be popular as 1 in 5 Americans own one and 72% say they would open another. Learn more on the podcast.

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