Why employers are not hiring.
Employees are expensive for most businesses. It costs a lot to hire an employee. That fact is well-presented by an employer in New Jersey.
In today’s Wall Street Journal Michael P. Feischer, president of Bogen Communications, Inc., tells why he is not hiring. He points out that a $59,000 employee in his company costs him $74,000. That employee then takes home $44,000 after taxes and her share of medical insurance benefits. Click here to read the article.