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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.

The Employment Hero SME Index

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.

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

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