Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Copy of Overtime Primer: Highlights from the New Regulations

The federal DOL overtime regulations go into effect this year. Are you ready?

Download Now!

This report includes a summary of key changes, including the salary level test and salary basis test.

As a bonus, we've included a handy flowchart to help you determine exemption status under the FLSA.

Download Now!
October 14, 2010
Regulatory Costs Hit Small Businesses Especially

Small businesses continue to bear a disproportionate share of the federal regulatory burden, according to a report released by the United States Small Business Administration (SBA). The Impact of Regulatory Costs on Small Firms was released at the 30th anniversary observance for the Regulatory Flexibility Act.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

Researchers Nicole V. Crain and W. Mark Crain found that the total costs of federal regulations have further increased from the level established in a 2005 study, as has the cost per employee. The total price tag has jumped to $1.75 trillion and the cost per employee at firms with fewer than 20 employees is now $10,585. The authors explain that the increase in the new estimate is due in part to changed methodology.

The authors conclude that environmental and tax compliance regulations appear to be the main cost drivers for small firms. The report also looks at regulatory, economic, and occupational safety and health and homeland security.

The report can be accessed via the SBA Office of Advocacy.

Related article:

Group Health Plan Costs Expected To Jump Nearly 9% in 2011

Featured Special Report:
Top 100 FLSA Overtime Q&As
Twitter  Facebook  Linked In
Follow Us
Copyright © 2016 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on
Document URL: