Companies Have Been Fleeing to Low-Tax States. Here's Why That May Be Bad News for Workers

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Companies Have Been Fleeing to Low-Tax States. Here's Why That May Be Bad News for Workers
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Many states are offering companies enticing incentives like lower taxes if they move their operations, but a superior business climate doesn't always equate to a superior working climate.

the sorts of policies that Oxfam America tracks in its best states to work list such as higher minimum wages, pregnancy accommodations in the workplace and policies that protect the right to unionize.

But the states with the best policies for workers, according to Oxfam America’s analysis, also tend to be the states with the highest cost of living. Oxfam America ranked Oregon, New York, Massachusetts and California as some of the best states for workers' rights, butfound those states also have some of the highest cost of living in the country.

“There are a number of things that workers are looking for when they think about considering different employment opportunities and that companies have to consider when they're recruiting talent for jobs,” said Rachel Lipson, director of the Project on Workforce at Harvard University. “We're still in a very tight labor market where workers still have a lot of power and the ability to be picky.

Watch the video above to learn which states are the worst for workers and how companies in those states can attract top talent.

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