Workers' compensation survey results
Survey results may also be viewed by region, company size, or industry
Is your company headquartered in New York State?
Does your company have offices or facilities in other states?
Number of New York State employees
|0-50 employees||60.5 percent||182|
|51-200 employees||20.3 percent||61|
|201-500 employees||7.6 percent||23|
|501-1000 employees||5.0 percent||15|
|1000 plus employees||6.6 percent||20|
|Financial services||4.9 percent||12|
|Wholesale/resale trade||8.3 percent||24|
Overall, how much did your company spend on workers’ compensation costs in New York in 2003?
|Under $10,000||40.2 percent||113|
|Between $10,000 and $50,000||22.4 percent||63|
|Between $50,000 and $100,000||6.8 percent||19|
|Between $100,000 and $500,000||19.2 percent||54|
|Between $500,000 and $1,000,000||6 percent||17|
|More than $1,000,000||5.4 percent||15|
What percentage of your overall 2003 payroll went to workers’ comp costs?
|Less than one percent||16.2 percent||42|
|Between one percent and three percent||25.1 percent||65|
|Between three percent and five percent||18.9 percent||49|
|Between five percent and eight percent||18.1 percent||47|
|Between eight percent and 10 percent||5.9 percent||13|
|More than 10 percent||15.8 percent||41|
Does the overall cost of workers’ comp affect your business by:
Limiting business growth or expansion?
Preventing you from hiring more employees?
Requiring you to scale back on other business investments to pay your comp bills?
Encouraging you to consider re-locating your business out of New York State?
Forcing you to actually leave the state, or expand elsewhere?
Describe the trend in your workers’ comp costs over the past three years.
|Gone down significantly||0.3 percent||1|
|Gone down somewhat||11.2 percent||32|
|Stayed the same||16.4 percent||47|
|Gone up somewhat||36.4 percent||104|
|Gone up significantly||35.7 percent||102|
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||2.1 percent||3|
|New York costs somewhat lower||2.9 percent||4|
|New York costs about the same||1.3 percent||3|
|New York costs somewhat higher||20.8 percent||28|
|New York costs significantly higher||72.9 percent||102|