SAN LEANDRO, Calif. – May 13, 2014 – TriNet (NYSE: TNET), a leading cloud-based provider of HR services, today announced results of its Small Business Confidence Survey. The survey explores the opinions of U.S. small business owners in regard to issues such as their outlook on the state of their companies and on federal and state legislation. According to the survey, conducted by Harris Poll on behalf of TriNet, 74% [1] of respondents strongly or somewhat agree that their businesses will grow their revenue in 2014. This survey was conducted online within the United States between January 20-30, 2014 among 206 U.S. owners of small businesses with 10-49 employees.
In addition to confidence in their businesses, the survey also found that:
Small businesses are a critical growth driver to the American economy. In the past 20 years, big business eliminated 4 million jobs while small businesses added 8 million new jobs.[7] In addition, small business represents over 99% of U.S. employer firms.[8] This belief may be what is driving owners to invest in their businesses, including the hiring of new employees and expanding of their office locations.
Supporting Quote
Burton Goldfield, President and CEO, TriNet
“It’s encouraging to see that small business owners are investing in the future of their companies, including hiring new employees. Getting great people on their team as well as managing expenses are two challenges for all small business owners. TriNet is committed to supporting entrepreneurs in these areas and I firmly believe our solutions help owners increase their bottom line while freeing them up to focus on building their business.”
For more information on TriNet, follow us on Twitter, LinkedIn, YouTube and Facebook.
###
Methodology
This survey was conducted online within the United States by Harris Poll on behalf of Horn Group and their client TriNet between January 20-30, 2014 among 206 U.S. owners of small businesses with 10-49 employees. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact Michelle Sieling at michelle.sieling@horngroup.com or 415-905-4013.
About TriNet
TriNet (NYSE: TNET) is a leading provider of a comprehensive human resources solution for small to medium-sized businesses, or SMBs. We enhance business productivity by enabling our clients to outsource their human resources, or HR, function to one strategic partner and allowing them to focus on operating and growing their core businesses. Our HR solution includes services such as payroll processing, human capital consulting, employment law compliance and employee benefits, including health insurance, retirement plans and workers compensation insurance. Our services are delivered by our expert team of HR professionals and enabled by our proprietary, cloud-based technology platform, which allows our clients and their employees to efficiently conduct their HR transactions anytime and anywhere. For more information, please visit http://www.trinet.com.
Media Contacts:
Jock Breitwieser Michelle Sieling
TriNet Horn Group
Jock.Breitwieser@TriNet.com Michelle.Sieling@horngroup.com
(510) 875-7250 (415) 905-4013
TriNet, Ambitions Realized and the TriNet logo are registered trademarks of TriNet. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.
[1] Small Business Confidence Survey
[2] Small Business Confidence Survey
[4] Small Business Confidence Survey
[5] Small Business Confidence Survey
[6] Small Business Confidence Survey