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The Capital Region

Results for Albany, Fulton, Montgomery, Rensselaer, Saratoga, Schenectady, Schoharie, and Washington counties.

Is your company headquartered in New York State?

Yes

95.5 percent

21

No

4.5 percent

1

Does your company have offices or facilities in other states?

Yes

9.1 percent

2

No

90.9 percent

20

Number of New York State employees

0-50 employees

72.7 percent

16

51-200 employees

13.6 percent

3

201-500 employees

9.2 percent

2

501-1000 employees

0 percent

0

1000 plus employees

4.5 percent

1

Industry Category 

Manufacturing

31.8 percent

7

Service

13.6 percent

3

Financial services

4.5 percent

1

Wholesale/resale trade

4.5 percent

1

Other

45.6 percent

10

Does the overall cost of workers' comp affect your business by:

Limiting business growth or expansion?

Yes

47.6 percent

10

No

52.4 percent

11

Preventing you from hiring more employees?

Yes

42.9 percent

9

No

57.1 percent

12

Requiring you to scale back on other business investments to pay your comp bills?

Yes

59.1 percent

13

No

40.9 percent

9

Encouraging you to consider re-locating your business out of New York State?

Yes

28.6 percent

6

No

71.4 percent

15

Forcing you to actually leave the state, or expand elsewhere?

Yes

15 percent

3

No

85 percent

17

Describe the trend in your workers' comp costs over the past three years.

Gone down significantly

0 percent

0

Gone down somewhat

23.8 percent

5

Stayed the same

14.3 percent

3

Gone up somewhat

42.9 percent

9

Gone up significantly

19.0 percent

4

Rate how you think New York's workers' comp costs compare to other states in which you do business (if applicable).

New York costs significantly lower

0 percent

0

New York costs somewhat lower

0 percent

0

New York costs about the same

0 percent

0

New York costs somewhat higher

50 percent

5

New York costs significantly higher

50 percent

5