Workforce
Kentucky workers are frequent recipients of national awards for quality, efficiency, and productivity. According to the U.S. Bureau of the Census, productivity in Kentucky exceeds the national average by 13 percent.
Several innovative Kentucky programs contribute to this, including:
- The Bluegrass State Skills Corporation, which offers matching grants for many types of skills training.
- Skills Training Investment Tax Credit Program, which gives a tax credit for qualified existing companies to perform skills upgrade and occupational upgrade projects.
- The Kentucky Community and Technical College System (KCTCS), comprised of 62 campuses across the state to provide accessible and affordable education/training through academic and technical associate degrees; diploma and certificate programs in occupational fields; pre-baccalaureate education; adult, continuing and developmental education; customized training for business and industry.
- Relative Business Costs
- State Income Taxes
- Union Statistics
| Competitor State Business Cost: 2006 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Derived from data provided by the North American Business Cost Review, Prepared by Economy.com, Inc. -- Updated July 2008. Note: A ranking of 1 represents the best condition = lowest business cost. |
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| State Corporation Income Tax | |
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| State Corporate Income: The entity must choose the HIGHER of the actual tax rate or the Limited Liability Entity Tax (LLET) rate. The LLET maybe calculated using the LESSER of the two alternatives, which are $0.095/$100 of the ENTIRE gross receipts AMOUNT for companies meeting the $6,000,000 threshold or $0.75/$100 of the ENTIRE Kentucky gross profits AMOUNT for companies exceeding the $6,000,000 threshold. For gross receipts or gross profits under $3,000,000, no LLET is calculated. For gross receipts between $3,000,000 and $6,000,000, the Gross Receipts LLET is calculated as [(Gross Receipts X .00095) - ($2,850 X ($6,000,000 - Gross Receipts) ÷ $3,000,000)]. For gross profits between $3,000,000 and $6,000,000, the Gross Profits LLET is calculated as [(Gross Profits X .0075) - ($22,500 X ($6,000,000 - Gross Receipts) ÷ $3,000,000)]. | |
Union Statistics
| Kentucky Union Elections | ||||||||||||||||||||||||||||||||||||||
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| Source: National Labor Relations Board | ||||||||||||||||||||||||||||||||||||||
| Kentucky Union Membership - 2009 | ||||||||||||
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| Source: www.unionstats.com | ||||||||||||
| Kentucky Work Stoppages | ||||||||||||||||||
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| Source: Federal Mediation and Conciliation Service | ||||||||||||||||||
| Union Statistics for Metropolitan Areas | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Source: National Labor Relations Board Federal Mediation and Conciliation Service | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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