Obamacare Spawning 49-Employee, 29-Hour Companies

[…]

“…All signs suggest that businesses are starting to adjust their employment policies in response to ObamaCare…”

The law exempts companies with fewer than 50 employees from providing health care coverage. Firms with at least 50 workers face fines based on the number of employees who receive ObamaCare subsidies, which are only available to people who lack affordable coverage from an employer.

But those fines — up to $3,000 per ObamaCare subsidized worker — won’t apply for part-time workers, which the law defines as 30 hours per week.

An obvious strategy to minimize fines is to cut some workers to just below the 30-hour threshold. Staying below the 50-worker threshold — based on total hours rather than a simple head count — also may be an option.

[…]

Retail Workweek Hits 3-Year Low In ObamaCare Shift

By Jed Graham

Posted 02/01/2013 07:05 PM ET

http://news.investors.com/ibd-editorials-perspective/020113-642941-retail-leisure-jobs-hours-down-obamacare-looms.htm#ixzz2JxiPSihl

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