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Workers' compensation survey results by industry

Results for manufacturing, service, financial service, wholesale/resale trade, or 'other'

Manufacturing Industry Results

Is your company headquartered in New York State?

Yes

82.1 percent

No

17.9 percent

Does your company have offices or facilities in other states?

Yes

35.3 percent

No

64.7 percent

Number of New York State employees

0-50 employees

32.4 percent

51-200 employees

42.6 percent

201-500 employees

16.2 percent

501-1000 employees

4.4 percent

1000 plus employees

4.4 percent

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

Limiting business growth or expansion?  

Yes

77 percent

No

23 percent

Preventing you from hiring more employees?                                                                               

Yes

63.3 percent

No

36.7 percent

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

Yes

70.2 percent

No

29.8 percent

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

Yes

60.3 percent

No

39.7 percent

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

Yes

37.7 percent

No

62.3 percent

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

Gone down significantly

0 percent

Gone down somewhat

15.4 percent

Stayed the same

3.1 percent

Gone up somewhat

36.9 percent

Gone up significantly

44.6 percent

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

New York costs somewhat lower

4.5 percent

New York costs about  the same

2.3 percent

New York costs somewhat higher

15.9 percent

New York costs significantly higher

77.3 percent

Service Industry Results

Is your company headquartered in New York State?

Yes

90.8 percent

No

9.2 percent

Does your company have offices or facilities in other states?

Yes

20.6 percent

No

79.4 percent



Number of New York State employees

0-50 employees

77.9 percent

51-200 employees

13.2 percent

201-500 employees

0 percent

501-1000 employees

2.9 percent

1000 plus employees

5.9 percent

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

Limiting business growth or expansion?  

Yes

55.2 percent

No

44.8 percent

Preventing you from hiring more employees?                                                                               

Yes

45.5 percent

No

54.5 percent

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

Yes

50 percent

No

50 percent

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

Yes

23.1 percent

No

76.9 percent

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

Yes

14.1 percent

No

85.9 percent

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

Gone down significantly

1.5 percent

Gone down somewhat

10.3 percent

Stayed the same

20.6 percent

Gone up somewhat

32.4 percent

Gone up significantly

35.2 percent

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

6.1 percent

New York costs somewhat lower

3.0 percent

New York costs about  the same

6.1 percent

New York costs somewhat higher

24.2 percent

New York costs significantly higher

60.6 percent

Financial Service Industry Results

IIs your company headquartered in New York State?

Yes

100 percent

No

0 percent

Does your company have offices or facilities in other states?

Yes

16.7 percent

No

83.3 percent



Number of New York State employees

0-50 employees

75 percent

51-200 employees

8.3 percent

201-500 employees

0 percent

501-1000 employees

8.3 percent

1000 plus employees

8.3 percent

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

Limiting business growth or expansion?  

Yes

8.3 percent

No

91.7 percent

Preventing you from hiring more employees?                                                                               

Yes

16.7 percent

No

83.3 percent

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

Yes

16.7 percent

No

83.3 percent

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

Yes

8.3 percent

No

91.7 percent

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

Yes

8.3 percent

No

91.7 percent

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

Gone down significantly

0 percent

Gone down somewhat

20 percent

Stayed the same

10 percent

Gone up somewhat

60 percent

Gone up significantly

10 percent

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

New York costs somewhat lower

0 percent

New York costs about  the same

0 percent

New York costs somewhat higher

66.7 percent

New York costs significantly higher

33.3 percent

Wholesale/Resale Trade Industry Results

Is your company headquartered in New York State?

Yes

95.7 percent

No

4.3 percent

Does your company have offices or facilities in other states?

Yes

4.3 percent

No

95.7 percent



Number of New York State employees

0-50 employees

79.2 percent

51-200 employees

12.5 percent

201-500 employees

8.3 percent

501-1000 employees

0 percent

1000 plus employees

0 percent

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

Limiting business growth or expansion?  

Yes

66.7 percent

No

33.3 percent

Preventing you from hiring more employees?                                                                               

Yes

50 percent

No

50 percent

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

Yes