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Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut
#6
TheRealVille Wrote:I didn't think part time employees were affecting the employers?
Obamacare redefines full time employment. Part time workers who currently work 30 hours a week or more for businesses employing 50 or more employees may see their hours cut so that their employers do not have to provide healthcare coverage for them. I expect that companies who employ slightly over 50 employees will probably be cutting their staffs. Alternatively, they could reorganize into two corporations and divvy up the employees among them. Laws always have unintended consequences, especially when neither Congress nor the President read them before they become law.
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Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut - by Hoot Gibson - 11-12-2012, 05:46 PM

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