SurePayroll Small Business Scorecard® Shows Shutdown’s Aftershocks

  SurePayroll Small Business Scorecard® Shows Shutdown’s Aftershocks

               Small companies hit hard by government inaction

Business Wire

GLENVIEW, Ill. -- October 31, 2013

SurePayroll Inc., a leader in providing online payroll to small businesses
nationwide, today announced results for the October 2013 SurePayroll Small
Business Scorecard^® showing the government shutdown had a significant impact
on businesses with 10 or less employees, causing them to rethink expectations
for the future and question their leaders.

The Scorecard optimism survey found that 90 percent of businesses with 10 or
less employees felt their concerns are not being heard on Capitol Hill.
Two-thirds said they would not reelect their Congressman or woman if the
election were held today.

“Post-shutdown, there are positive economic indicators like a soaring stock
market and some spectacular valuations for tech companies – masking an ugly
reality for the majority of small businesses with 10 or less employees,” said
SurePayroll CEO and President Michael Alter. “Main Street continues to suffer
the blows of uncertainty. The dry cleaner on the corner and the local
insurance agent are paying a heavy price. They’re not feeling any support from
the government and expectations continue to drop.”

Prior to the government shutdown, 42 percent of small business owners expected
to surpass third quarter results in the fourth quarter, according to the
Scorecard. After the shutdown, however, that number dropped to only 27
percent. Only 38 percent plan to make new investments in their businesses in
the fourth quarter, down from 45 percent prior to the shutdown and 54 percent
in June.

Roughly half of small business owners cited health care costs, tax credits and
a long-term solution to the debt ceiling as lingering concerns going forward.

Optimism stayed relatively flat at 62 percent in October, after being as high
as 72 percent in August. Month-over-month hiring was down 0.1 percent and the
average paycheck was flat.

Year over year, nationwide hiring is down 1.7 percent and paychecks are up 0.1
percent. Year over year, the South is the only region where hiring is up at
1.0 percent and paychecks there are up 1.0 percent. The West shows a hiring
decline of 2.2 percent, with paychecks down 0.8 percent. Hiring in the Midwest
is down 3.1 percent and paychecks are positive, up 1.5 percent. In the
Northeast, hiring is down 4.1 percent and paychecks are down 1.7 percent.

As the first economic indicator created by a payroll company, the SurePayroll
Scorecard has provided a monthly look at national hiring and paycheck trends
since October 2004. SurePayroll's Scorecard compiles data from small
businesses nationwide, and exclusively reflects the trends affecting the
nation's "micro businesses" — those with an average of eight employees.

The full SurePayroll Small Business Scorecard infographic includes data for
the top 35 MSAs. The October 2013 Scorecard is available now on the
SurePayroll blog.

About SurePayroll

SurePayroll is the trusted provider of easy online payroll services to small
businesses nationwide. Whether a business has 1, 10, or 100 employees,
SurePayroll delivers peace of mind by combining innovative, industry-leading
technology and personalized support from an award-winning, U.S.-based customer
care team. SurePayroll also provides private-label and co-branded services for
accountants and banking partners as well as offering efficient online
solutions for managing 401(k) plans, health insurance, workers' compensation,
employee screening and more. SurePayroll is a wholly owned subsidiary of
Paychex. For more information, please visit Follow us on
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About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource,
insurance, and benefits outsourcing solutions for small- to medium-sized
businesses. The company offers comprehensive payroll services, including
payroll processing, payroll tax administration, and employee pay services,
including direct deposit, check signing, and Readychex®. Human resource
services include 401(k) plan recordkeeping, section 125 plans, a professional
employer organization, time and attendance solutions, and other administrative
services for business. A variety of business insurance products, including
group health and workers' compensation, are made available through Paychex
Insurance Agency, Inc. Paychex was founded in 1971. With headquarters in
Rochester, New York, the company has more than 100 offices serving
approximately 570,000 payroll clients as of May 31, 2013. For more information
about Paychex and our products,

Photos/Multimedia Gallery Available:



Racepoint Group
Jennifer Signorini, 617-624-3217
SurePayroll, Inc.
Lori Bolas, 224-223-2334
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