The Employment Hero SME Index

To help Australian employers, business leaders and industry representatives keep their finger on the pulse, weโ€™ve created the Employment Hero SME Index to track the average number of employees per business. We hope this will help businesses benchmark their monthly growth rate.

This image features a cover of a report titled "Employment Hero SME Index" alongside partially visible pages showing graphs and data visuals. The cover has a light blue background with the Employment Hero logo and an image of a person working on a laptop in a casual setting. The overall design is professional and engaging, highlighting data insights relevant to SMEs.
A combo chart showing June SME Index Update.

June SME Index Update

The Employment Hero SME index is 134.9 points in June 2024, representing an increase of +1 points month-on-month, representing an annual point increase of +7.1.

June Median Wage Update

In June, the median hourly rate for employees working in Australian SMEs is now $38.98 AUD, this is $0.31 AUD more than the previous month.

This image displays an illustration of Australia outlined in purple, with a dollar symbol inside a coin at the centre, representing wages or financial data. Below the map, a label shows "$38.98." The design is minimalistic and modern, with a white background and a soft purple accent.
The Employment Hero SME Index

$100 billion

in wages processed annually

2 million +

Active users on our platforms

300,000+

Businesses supported globally

7,500

New users join every month

Download the latest report

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