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SmartPulse: Would suspension of the payroll tax lead to increased hiring?

This post was written by Cindy Kraft, the CFO Coach, who is a career and personal-brand strategist for CFOs and corporate finance executives.

SmartPulse — our weekly nonscientific reader poll in SmartBrief for CFOs — tracks feedback from leading CFOs and senior finance executives. We run the poll question each Wednesday in our e-newsletter.

Last week, we asked:  Would an 18-month suspension of the payroll tax be the catalyst needed for your company to increase hiring?

No holiday break: Only 13% of you would absolutely increase hiring if a payroll tax was implemented, while the majority (80%) would either not hire or hire only if additional employees were needed. What would it take for your company to start hiring?