The Employment Hero SME Index

To help Australian employers, business leaders and industry representatives keep their finger on the pulse, we’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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