Assemblyman DeCroce With Yet Another Reason To Oppose Paid Leave

Earlier this morning here at CIANJ's worldwide headquarters in Paramus, Assembly Republican Leader Alex DeCroce spoke with about 35 Commerce and Industry Association members about the state budget, the Governor's asset monetization (toll hike) proposal and paid family leave.

As always, we thank the Assemblyman for joining us and sharing the insights of his caucus.

Click here for his memorandum on paid leave, and its impact on doing business in New Jersey - especially the way in which the job-killer would impact small businesses. One noteworthy statistic from the brief:

According to an article in the Wall Street Journal on June 20, 2007, the federal Department of Labor estimates that paid family leave programs cost employers an average of $1.76 per hour per full time employee, or 6.8% of total compensation. Using the above hourly estimate, a company with just ten full-time employees would see an increase of approximately $36,608.

Click here to help stop this from making New Jersey an even more expensive place to live, work and do business.