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## Salary Rankings in Connecticut

The Importance of Understanding Salary Disparities Among Small Businesses

The study has revealed that **Connecticut** is one of just seven states to rank in the top ten salary payers for businesses of these three business-size categories. This is significant news for the state and for businesses operating within it.

### Salary Averages in Connecticut

Connecticut tops the charts in terms of salary offerings for businesses of various sizes. In fact, in the category of businesses with 5-9 employees, the average salary is **$50,200**, which is the fifth-highest figure nationwide. This is **12% above the average** for such businesses, demonstrating Connecticut’s commitment to offering competitive wages.

For businesses with 10-19 employees, the average salary jumps to **$53,000**, once again placing Connecticut at the fifth spot nationwide and sitting **13% above the nationwide average**. The state’s dedication to providing attractive salaries is evident across multiple business size categories.

Even in the smallest business category, with fewer than five employees, Connecticut still manages to secure a spot in the top ten. With an average salary of **$59,600**, the state comes in **7% above the nationwide average**, further solidifying its position as a top payer among small businesses.

### The Impact and Importance

Understanding and recognizing these highlighted wage disparities among small businesses is crucial for businesses and workers alike. It sheds light on the diverse financial landscapes within the country and can help businesses and workers make informed decisions about their employment options.

### The Role of AI legalese decoder

The AI legalese decoder can play a crucial role in helping businesses navigate the complex legal language surrounding wage disparities and compensation. By using advanced natural language processing algorithms, the AI legalese decoder can accurately interpret and simplify legal documents and regulations related to fair wages and employee compensation. This can assist businesses in ensuring they are compliant with relevant laws and regulations, as well as in making informed decisions about salary offerings for their employees.

### Conclusion

The most up-to-date Census Bureau data, including the number of employees and total payroll within each business size category in each state, was analyzed to establish the median annual wage in each category in every state. This information not only provides valuable insights into the financial landscapes of different states but also underscores the importance of fair and competitive wages for small business workers.

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