To: A_Niceguy_in_CA
Sinegal said while only one-third of his employees are in California, 70 percent of Costco's workers compensation costs are in the state. That says it all.
To: anniegetyourgun
>>Sinegal said while only one-third of his employees are in California, 70 percent of Costco's workers compensation costs are in the state.
Said another way (for the mathematically inclined),
33% of employees represent 70% of the workers comp costs.
66% of employees represent 30% of the workers comp costs.
(.70$ / .33 employee) / (.30$ / .67 employee)
==> A California employee's workers comp overhead is over 4.7 times as much as that of an average employee in the rest of the U.S.
4 posted on
09/07/2003 11:48:51 AM PDT by
FreedomPoster
(this space intentionally blank)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson