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Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut
#31
vector Wrote:in the hospitals it's 36 hours 1 week then 48 hours the next week so it average's out to 40 a week


Can somebody help me with this math???

36 hours week #1
48 hours week #2

= 84 hours in 2 weeks

That is an average of 42 hours per week. Is this vector guy that stupid or are my math skills fading away in my old age????
#32
wooderson Wrote:Can somebody help me with this math???

36 hours week #1
48 hours week #2

= 84 hours in 2 weeks

That is an average of 42 hours per week. Is this vector guy that stupid or are my math skills fading away in my old age????
And? Either way, it's more than 40 hours/week. :biggrin:
#33
And then there are companies who start the week the day you go back to work plus start the week over on Sunday. My wife use to work full time at a retail store and there were times she would work 7 days straight but her time would automaticLly cut off at 35 hours. A week. I don't know how it worked but they never paid ot. And one week she went to like 30 hours and the computer cut her down to part time atatus
I'm in love with Tawnya.. hehe..

Tom is not my friend....

if you have any questions send me a p.m.
#34
If anybody is not satisfied with the definition of a full time employee given below, then please refer to the 18 pages that define it in the law itself, which RV has already linked. The bottom line is that employers may avoid providing part time employees health care benefits by limiting their hours to below 30 hours a week.

Employers are already preparing to cut part time workers' hours and some have already been doing so on a trial basis. They are doing this because it will save them money and it is an unintended consequence of passing a law that nobody read. Thank you Barack Obama.

There is no limit to the number of new jobs that Obama will create by forcing part time employees to find second jobs to make ends meet. Companies will get creative and willingly share part time employees with competitors for their mutual benefit.

[INDENT]
Quote:IRS Notice Gives Employers Clarity on Definition of 'Full Time'

A notice issued by the Internal Revenue Service late last month gives employers a bit more flexibility than had been expected in determining which of their employees must be offered coverage under the federal health care reform law, experts say.

Under the notice, which will remain in effect at least through 2014, employers can use a retrospective measurement period lasting between three and 12 months to determine whether an employee's hours meet the definition of "full time" under the Patient Protection and Affordable Care Act.

Under PPACA, if just one full-time employee is not offered coverage and receives a federal premium subsidy to purchase coverage in an exchange, an employer faces a $2,000 penalty for each full-time employee.

If an employee works an average of 30 or more hours per week during the measurement period, then the employer will be required to offer the employee health benefits after a waiting period not lasting more than 90 days.

That means employers that hire many temporary and seasonal employees may not be required to offer health benefits to many of those employees, particularly if they use a 12-month measurement period, benefit consultants say.
[/INDENT]
#35
Friday has ben declared to be "Papa John's Day" nationally. I urge all self-supporting posters to support Papa John's this Friday by buying a pizza at one of their outlets. Just as we supported Chick-fil-A, we need to support Papa John's.
#36
^Why is it Papa John's day?
#37
LWC Wrote:^Why is it Papa John's day?

Apparently Papa John's is getting a lot of boycott threats from liberals because of its statement son Obamacare. A movement appears to have started for those who support Papa John's to show their support as was done for Chick-fil-A.

I need to lose some weight but I'll be buying pizzas at Papa john's this Friday. Right now, taking a stance supporting a company that stands for all that is positive about capitalism, the Commonwealth, and the country trumps the diet.
#38
LWC Wrote:^Why is it Papa John's day?

It is long past time for those who support our way of life to stand up and be counted. We can't let the takers and nuts continue to run the show. If we do, the show will be cancelled.
#39
Harry Rex Vonner Wrote:Apparently Papa John's is getting a lot of boycott threats from liberals because of its statement son Obamacare. A movement appears to have started for those who support Papa John's to show their support as was done for Chick-fil-A.

I need to lose some weight but I'll be buying pizzas at Papa john's this Friday. Right now, taking a stance supporting a company that stands for all that is positive about capitalism, the Commonwealth, and the country trumps the diet.

These circumstances are not even comparable.

Papa johns CEO has already stated that they only insure one third of there workers anyhow. If supporting a company that refuses to insure its workers is American than have at it. It's one of the lowest wage paying jobs in the country that made over 1 BILLION DOLLARS last year. And they can't afford to insure there workers? Give us a break.

I absolutely love papa Johns pizza. But the greedy founder needs to insure his workers.

Nobody does, what papa johns does.
#40
[Image: https://lh3.ggpht.com/_il8Um8Q4Eb8/SVVOp...natter.bmp]


Papa John is getting no sympathy from me. He should just keep his mouth shut and quit trying to use his business as a way of getting involved nationally in politics.

Still think many of these proposed and projected layoffs are the companies ways of making a point politically at the expense of their workers. (aside from coal)


I mean most of the people that work at Papa Johns are either already full time and get insurance, or likely working in the 2 to 3 days a week group.

I'd be surprised if Papa John's would even come close to having to provide more than 500 people with insurance under the current provisions in Obamacare.

I don't order from there anyways, if I eat pizza I support the local places, plus their pizza is way better anyways than that old dried up crap. Plus, ol Papa John is a huge UL booster.....

I hope Domino's puts him out of business (jk)
#41
Beetle01 Wrote:[Image: https://lh3.ggpht.com/_il8Um8Q4Eb8/SVVOp...natter.bmp]


Papa John is getting no sympathy from me. He should just keep his mouth shut and quit trying to use his business as a way of getting involved nationally in politics.
Still think many of these proposed and projected layoffs are the companies ways of making a point politically at the expense of their workers. (aside from coal)


I mean most of the people that work at Papa Johns are either already full time and get insurance, or likely working in the 2 to 3 days a week group.

I'd be surprised if Papa John's would even come close to having to provide more than 500 people with insurance under the current provisions in Obamacare.

I don't order from there anyways, if I eat pizza I support the local places, plus their pizza is way better anyways than that old dried up crap. Plus, ol Papa John is a huge UL booster.....

I hope Domino's puts him out of business (jk)

No you are DEAD WRONG. It's his money that he is using, it's not yours or anyone elses. That's the problem with those who are not bold enough to go out on something of their own. They like to tell everybody else what they can and cannot do with their money. If you dont like what he says, DONT BUY HIS PIZZA. It's people that make your comments that are the one's that should keep their mouths shut. If he wants to play politics WITH HIS MONEY, that's his business. He's not out there telling you what you should do with yours, is he?


Just who is it that you think you are Beetle?
#42
Wildcatk23 Wrote:These circumstances are not even comparable.

Papa johns CEO has already stated that they only insure one third of there workers anyhow. If supporting a company that refuses to insure its workers is American than have at it. It's one of the lowest wage paying jobs in the country that made over 1 BILLION DOLLARS last year. And they can't afford to insure there workers? Give us a break.

I absolutely love papa Johns pizza. But the greedy founder needs to insure his workers.

Nobody does, what papa johns does.

Then dont go to work there and dont buy his pizzas. Nobody is holding a gun on anybody to work there.

Tell you what junior, you've just been weaned from diapers here in the last year or so, and are so high and mighty and know everything about everything, I've got the solution to the whole problem here. You go out and use your money and buy yourself a pizza shop, and then you go out and pay for everyone's health insurance yourself. PUT YOUR MONEY WHERE YOUR MOUTH IS, or shut your mouth up. You and "the Bug", either one, dont have a clue to what you're talking about.
#43
I get my pizzas from Porky's Pizza. They are great.
#44
Bob Seger Wrote:Then dont go to work there and dont buy his pizzas. Nobody is holding a gun on anybody to work there.

Tell you what junior , you're so high and mighty and know it all. Here's the solution to the whole proble. You go out and use your money and buy yourself a pizza shop, use your money, and you go out and pay for everyone's health insurance yourself. PUT YOUR MONEY WHERE YOUR MOUTH IS, or shut up.

He runs a billion dollar company a reuses to insure his workers! He was a huge romney supporter and was probably going to benefit from the huge tax breaks that would have been put in place for the uber rich.

Is put your money where your mouth is your new lingo? Sounds childish. Not all of us are born wealthy and have a huge trust fund to start a business. We go to school. Work. To get our money.
#45
Wildcatk23 Wrote:These circumstances are not even comparable.

Papa johns CEO has already stated that they only insure one third of there workers anyhow. If supporting a company that refuses to insure its workers is American than have at it. It's one of the lowest wage paying jobs in the country that made over 1 BILLION DOLLARS last year. And they can't afford to insure there workers? Give us a break.

I absolutely love papa Johns pizza. But the greedy founder needs to insure his workers.

Nobody does, what papa johns does.

If the workers at Papa John's don't appreciate working for Papa John's, let them seek employment elsewhere. Papa John's provides the job and the paycheck. Subject to laws and regulations, many of dubious value, Papa John's makes the rules and calls the shots.

Papa John's exists because of its investors- not because of its empolyees. It is much easier to find employees than it is to find investors. Papa John's is in business to earn a profit for its investors who risk their money for that purpose. Papa John's does not exist to provide welfare to its employees.

Keep in mind, that poor people don't create jobs. Papa John's and others like Papa John's create jobs.

I'm sure this post will offend many of you who are not accepting of management and the entrepreneurs who create jobs at their own economic risk.

But, this is how it is in a capitalist country. Of course, Obama will continue to do his best to destroy it. We need many more like Papa John's.
#46
Papa John's stock is tumbling. According to Forbes, Papa John has fuzzy math. I never did like Papa Johns pizza, but if he wants to put money into the political arena, he should be able to. But, his stock is showing that it might cost him.
http://www.forbes.com/sites/calebmelby/2...care-math/
#47
From the Forbes link.

Quote:Last year, Papa John’s International captured $1.218 billion in revenue. Total operating expenses were $1.131 billion. So if Schnatter’s math is accurate (Obamacare will cost his company $5-8 million more annually), then new regulation translates into a .4% to .7% (yes, fractions of a percent) expense increase. It’s difficult to set that ratio against the proposed pie increase, given size and topping differentials, but many of their large specialty pizzas run for $16. Remarkably, a 10-14 cent increase on a $16 pizza falls in a comparable range: .6% to.9%. But the cost transference becomes less equitable if you’re looking at medium pizzas, which run closer to $12, meaning a .8% to 1.15% price increase.

For the sake of argument, let’s say that Papa John’s sells exactly half medium/half large specialty pizzas. Averaging the ranges for both sizes, then averaging that product yields a .86% price increase — well outside the range of what Schnatter says Obamacare will cost him.

So how much would prices go up, under these 50/50 conditions, if they were to fairly reflect the increased cost of doing business onset by Obamacare? Roughly 3.4 to 4.6 cents a pie.
#48
Wildcatk23 Wrote:He runs a billion dollar company a reuses to insure his workers! He was a huge romney supporter and was probably going to benefit from the huge tax breaks that would have been put in place for the uber rich.

Is put your money where your mouth is your new lingo? Sounds childish. Not all of us are born wealthy and have a huge trust fund to start a business. We go to school. Work. To get our money.
Good for him, I hope this year he runs a TWO billion dollar company.


You might try it like I did, you little twerp. You cant tell me anything about what it takes. Go out and get yourself a loan, mortgage everything you've got to the hilt when you've got a new baby and are trying to make house payments and car payments, all while working 12-14 hours a day. You give it a whirl, you little know nothing squirt. You aint got the guts to even try it, yet it's little twerps like you that want to tell everybody else how to do it. People like you, are in reality, first class gutless losers. Your crowd thinks the whole world owes you something for nothing. He does not owe anybody anything, and like I said, nobody has to work for him and nobody has to buy his pizzas.
#49
TheRealVille Wrote:I get my pizzas from Porky's Pizza. They are great.

And I hope they make a billion dollars themselves one of these days, and I dont have a clue as to who even owns the place..
#50
Wildcatk23 Wrote:He runs a billion dollar company a reuses to insure his workers! He was a huge romney supporter and was probably going to benefit from the huge tax breaks that would have been put in place for the uber rich.

Is put your money where your mouth is your new lingo? Sounds childish. Not all of us are born wealthy and have a huge trust fund to start a business. We go to school. Work. To get our money.

It sounds like you are a bit jealous of those who have achieved a certain level of financial security in life. Instead of whining, you should try it.
#51
TheRealVille Wrote:Papa John's stock is tumbling. According to Forbes, Papa John has fuzzy math. I never did like Papa Johns pizza, but if he wants to put money into the political arena, he should be able to. But, his stock is showing that it might cost him.http://www.forbes.com/sites/calebmelby/2...care-math/

I cant stand his pizza's either, but that is beside the point. You hit the nail on the head RV, if that's what he wants to do with his money, then that his his business. If the majority of the people out there dislike it, then they have the right to express themselves by not buying his product. That's the risk he runs. Again, entirely his right to take the gamble of risking public resentment. One more time, IT'S HIS BUSINESS and he owes nobody anything.
#52
Harry Rex Vonner Wrote:It sounds like you are a bit jealous of those who have achieved a certain level of financial security in life. Instead of whining, you should try it.

Just a little twerp that dont have the balls to even try it Harry. He's one of the "everybody owes me" crowd.
#53
Bob Seger Wrote:And I hope they make a billion dollars themselves one of these days, and I dont have a clue as to who even owns the place..
Me too, and me either. But, I don't expect them to get rich, they are closed on Saturday and Sunday. If you've never tried them, I highly recommend them, you just have to catch them Mon-Fri. I always try to buy from local people when I can.
#54
TheRealVille Wrote:Papa John's stock is tumbling. According to Forbes, Papa John has fuzzy math. I never did like Papa Johns pizza, but if he wants to put money into the political arena, he should be able to. But, his stock is showing that it might cost him.
http://www.forbes.com/sites/calebmelby/2...care-math/

As usual, you are being a little melodramatic, TheRealVille. Considering the uncertainty in the market caused by the reelection of the socialist who has never held a job in the private sector, Papa John's is doing fine. Of course, like most other companies, it would be doing much better if this enemy of capitalism had lost.
#55
Bob Seger Wrote:Good for him, I hope this year he runs a TWO billion dollar company.


You might try it like I did, you little twerp. You cant tell me anything about what it takes. Go out and get yourself a loan, mortgage everything you've got to the hilt when you've got a new baby and are trying to make house payments and car payments, all while working 12-14 hours a day. You give it a whirl, you little know nothing squirt. You aint got the guts to even try it, yet it's little twerps like you that want to tell everybody else how to do it. People like you, are in reality, first class gutless losers. Your crowd thinks the whole world owes you something for nothing. He does not owe anybody anything, and like I said, nobody has to work for him and nobody has to buy his pizzas.

Loan - check
Mortgage - check
12-14 hours a day - check
Car payment - check
You mad as hell - check

Not bad
#56
Bob Seger Wrote:No you are DEAD WRONG. It's his money that he is using, it's not yours or anyone elses. That's the problem with those who are not bold enough to go out on something of their own. They like to tell everybody else what they can and cannot do with their money. If you dont like what he says, DONT BUY HIS PIZZA. It's people that make your comments that are the one's that should keep their mouths shut. If he wants to play politics WITH HIS MONEY, that's his business. He's not out there telling you what you should do with yours, is he?


Just who is it that you think you are Beetle?

Bob Seger Wrote:Then dont go to work there and dont buy his pizzas. Nobody is holding a gun on anybody to work there.

Tell you what junior, you've just been weaned from diapers here in the last year or so, and are so high and mighty and know everything about everything, I've got the solution to the whole problem here. You go out and use your money and buy yourself a pizza shop, and then you go out and pay for everyone's health insurance yourself. PUT YOUR MONEY WHERE YOUR MOUTH IS, or shut your mouth up. You and "the Bug", either one, dont have a clue to what you're talking about.



Can you believe the contempt people have for enterprise these days? All politics are as they presently exist anyway, is the government using people's own bias and ignorance against them in order to control their behavior. We got bozo's walking around all over the place parroting talking points like they know what they're talking about.

When folks allowed activists to seperate the actions of lawmakers from any accountability to the precepts of Godly morality we as a nation immediately lost our compass. We don't have any thing higher than our own selfishness to guide our actions nowadays. That's why career welfare recipients were more than okay with voting for Obama, they don't really care if America goes down the tube in the near future or not. They want what they want for today, and the heck with everybody else. As a people, if we were in any way responsible to God for our actions, we would never be acting the way we are. Arguing over the use of our natural resources for instance, for crying out loud, God put them there for us to use. But no, the earth worshippers misplaced reverence before 'mother earth' has them bowing at the altar of the environmentalist. I used to laugh at the notion that the people of Egypt worshipped Ra, the sun god. Until I realized that the environmentalist now holds all of our futures in his hand. We are no more the wiser than the pagans who worshipped the sun, turning our backs on the Living God to worship His creation, (the earth). America has lost the vision of truth. We don't hold our leaders responsible, nor do we hold ourselves responsible. We excuse bad behavior on every level, is there any wonder God wrote the following passage to describe man's behavior towards the end?
2 Thessalonians 2:9-12 (KJV)
9 Even him, whose coming is after the working of Satan with all power and signs and lying wonders,
10 And with all deceivableness of unrighteousness in them that perish; because they received not the love of the truth, that they might be saved.
11 And for this cause God shall send them strong delusion, that they should believe a lie:
12 That they all might be damned who believed not the truth, but had pleasure in unrighteousness.
[SIGPIC][/SIGPIC]
#57
Harry Rex Vonner Wrote:It sounds like you are a bit jealous of those who have achieved a certain level of financial security in life. Instead of whining, you should try it.

I'm not whining about anything.
Financial security I have.


As for being jealous of not owning a billion dollar company. I think most of us can relate.
#58
Bob Seger Wrote:Just a little twerp that dont have the balls to even try it Harry. He's one of the "everybody owes me" crowd.

Never once taken anything from the government.
#59
Harry Rex Vonner Wrote:As usual, you are being a little melodramatic, TheRealVille. Considering the uncertainty in the market caused by the reelection of the socialist who has never held a job in the private sector, Papa John's is doing fine. Of course, like most other companies, it would be doing much better if this enemy of capitalism had lost.
I hope they do well. I've never said different. I just said it looks like the stock is tumbling, and those are Forbe's words, not mine. BTW, Obama has held several private sector jobs. I posted the link before, on BGR.
#60
TheRealVille Wrote:Me too, and me either. But, I don't expect them to get rich, they are closed on Saturday and Sunday. If you've never tried them, I highly recommend them, you just have to catch them Mon-Fri. I always try to buy from local people when I can.

I do too RV. I really like Giovanni's, and I do know those folks personally. Same scenerio.

I'm just like you RV, I have worked my whole life for everything I have gotten in this world. My dad was a welder and my mom was always just a housewife. I was not handed anything, and never expected to be handed anything. I respect what you have done to feed and take care of your family, just like I am proud that I have done the exact same thing. I have had a job of some sort since I have been 12 years old. Even while trying to play ball in high school, I worked at a nearby gas station at nights and on weekends to have a little gas money to run around on. And I do not feel the least bit underpriviledged or resentful for having to do so. Nobody ever owed me one cent. I did what I had to to.
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