California Business Costs to Increase Again

Memo to California employers: Start revising upward your 2014 workforce cost budgets.

The headline of a Sacramento Bee story says “Workers compensation hike on California employers proposed.” Those of us who’ve run a business in the state know that “proposed” means, well, it will become fact.

After “reforms” last year, the Workers Compensation Insurance Rating Bureau suggests premiums should rise next year, perhaps by 3.4 percent.

See the story here.

One focus of this blog has been to address California’s perennially difficult business environment. Joseph Vranich is known as The Business Relocation Coach while the formal name of his business is Spectrum Location Solutions. Joe helps companies find great locations in which to grow. Also, Joe has been a Keynote Speaker for more than 20 years – see A Speaker Throughout the U.S. and in Europe and Asia.

Explore posts in the same categories: Businesses leave California, California Business Environment, California Regulations, Workers' Compensation, Worst States for Business