Listen Live on  
 

NewsRadio KFBK

Sacramento's News, Weather and Traffic Station
 
 

Business Owner Looking to Hire? It Will Cost You More in California

 
Business Owner Looking to Hire? It Will Cost You More in California
Posted August 13th, 2014 @ 7:57am by KFBK News - Mike Simpson

Are you a business owner looking to hire? It will cost you here in California.

Critics of the state's business climate now have another measure to add to their lists: operating costs per job are 19 percent higher here than they are in the rest of the country.

"Our wages and workers compensation costs are way above the national average," Loren Kaye, president of the California Foundation for Commerce and Education, said. 

He sees overtime after an eight-hour day and not 40-hour week as a problem.

"You add to that, the cost of regulation and litigation and that makes a big difference," he said. 

He says the high cost of each job puts California at a competitive disadvantage when trying to retain or attract companies that have a change to relocate.

 

Recommended Stories

More from NewsRadio KFBK

*