WTPA annual notice cost information

Contact: Tom Minnick
February 13, 2012

Company Description	Compliance Cost	Cost Per Employee
A 110 employee manufacturer in Saratoga Springs	$2,500	$22.72
A 700 employee animal research firm in the Hudson Valley	$4,200	$6.00
An 800 employee provider of services to the disabled with several facilities  in the Capital Region	$19,300	$24.12
A 200 employee provider of services for the disabled with several Hudson Valley locations	$1,600	$8.00
A Northern New York Savings Bank with several branches and less than 100 employees.	$10,600	$106.00
A 1200 employee Western New York utility	$18,100	$15.08
The 42 employee Business Council	$610	$14.52
A 1900 employee statewide insurer	$71,000	$37.36
A 1200 employee private Hudson Valley college	$3,800	$3.16
A 5900 employee upstate manufacturer	$339,100	$57.47
A 550 employee western new york wholesale and retail distributor	$15,000	$27.27
A 1400 employee upstate manufacturer	$3,000	$2.14
A 200 employee family owned upstate manufacturer	$780	$3.90

 

This unscientific sample considers time spent by Management staff, HR staff, payroll staff & employees for compliance, internal and external computer programming costs and office products expense.

With 7,300,000 private sector non-farm jobs in New York State and with dropping the lowest and highest unit cost from the chart, an estimate of the cost could range from $43,800,000 at $6 per employee to $419,531,000 at $57.47 per employee.

Additional entries will be added as they are received.