Sweetening the Pot
Companies crippled by high electricity rates, workers comp premiums and taxes are looking beyond state borders.
May 15, 2003
Page 3
is $6.75 an hour versus the U.S. rate of $5.15; higher unemployment-insurance rates; overtime after an eight-hour day and the upcoming paid family leave, due to go into effect in 2004, add to the cost of doing business.
High housing costs: Employers find it increasingly difficult to attract and keep employees because housing is so expensive.
Traffic/transportation: Housing costs are forcing employees to live farther from work, adding to traffic and making it more difficult to transport goods.
Poor schools/work-force training: Employers complain schools are not providing the basic reading, math and analytical skills they need in workers.
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