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Salaries in small enterprises in Paraíba rise 45%

September 1 2014

A recent study by Sebrae showed that in a decade (2002-2012) the growth in real average earnings of small businesses was greater than that of large and medium-sized companies.

The remuneration of formal employees of micro and small enterprises (MSEs) of Paraíba rose from R$ 640 to R$ 929 between 2002 and 2012 In these ten years there was an increase of 45% in wages, ie, growth real 3.8% per year. Employees located in medium and large state enterprises had a real pay growth of 3.6% per year.

The paraibanas micro and small enterprises were also responsible for the creation of 83,000 new jobs. The total employment in these companies grew from 88,400 jobs in 2002 to 171,400 in 2012 The number nearly doubled, an increase of 94%.

The good performance of MPE in the analysed period confirms its importance for the economy of the state. In 2012, small businesses accounted for 99.2% of establishments, 56.6% of private formal non-agricultural jobs in the state and 48.9% of salary.

During 2002/2012, the MPE of Paraíba surpassed the barrier of 67,000 venues. In this decade, the average growth in the number of MPE was 3.4% per year. In 2002 there were 48,600 establishments, while 2012 had a total of 67,900 small businesses in activity. In summary there was the creation of approximately 19,300 new micro and small businesses in the state.

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