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CA: Workers’ Comp Weighs Heavily on Minds of Small Business Owners

Date: 03/21/2006 | Category: Business | Author: Diana Heeb Bivona

A recent survey by California Small Business found that many small business owners continue to worry about workers’ compensation. In fact, 83% of the survey respondents considered it to be a high priority issue for their business. Overall, 32% said their rates had increased a little or a lot; 41% said their rates had decreased a little, and only 7% could say their rates had dropped alot.

A similar survey by Union Bank found that small business owners identified the cost of workers’ compensation as their number one challenge of running a business in California for the third consecutive year.

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