Remote, an HR solutions firm, reviewed states to compare which are the most and least pricey for hiring. Some factors in determining that cost include what employers contribute to government programs, such as healthcare, retirement and unemployment.
“Fewer mandatory employment costs could potentially be a good thing for employers,” says Anastasia Pshegodskaya, director of talent acquisition at Remote. “It can optimize their budgets, increase cost-efficiency and enable them to invest in other areas of their business, such as hiring more employees or expanding operations.”
New Jersey made the top 10 list for most expensive for hiring with mandatory employment costs of $6,147, followed by Hawaii and Oregon at $6,119 and $6,082, respectively. Alaska, Nevada, Washington, California, New York, Wyoming and North Dakota closed out the top 10.
The least expensive state is South Carolina with a mandatory employment cost of $4,648, followed by Montana and Nebraska at $4,684 each. Mississippi, Louisiana, Vermont, South Dakota, Tennessee, Alabama and Virginia closed out the top 10.