Here is an interesting post from the owner of a small business that employs 400 people:
Here is what I am doing for the rest of the year — working with every manager in my company so that as of January 1, 2013, none of our employees are working more than 28 hours a week. I think most readers know the reason — we have got to get our company under 50 full time employees or else I am facing a bill from Obamacare in 2014 that will be several times larger than my annual profit. I love my workers. They make me a success. But most of my competitors are small businesses that are exempt from the Obamacare hammer. To compete, I must make sure my company is exempt as well. This means that our 400+ full time employees will have to be less than 50 in 2013, so that when the Feds look at me at the start of 2014, I am exempt. We will have more employees working fewer hours, with more training costs, but the Obamacare bill looks like about $800,000 a year for us, at least, and I am pretty sure the cost of more training will be less than that.”
This writer is planning to do what most small business owners are having to do. He even goes as far as predicting that the new law will change forever the way Americans look at their work place. He envisions most workers, “…to work two different jobs for 20-25 hours each with two different companies.”.
What will be the result of that?
This is not a prescription for creating long-term employment that leads to ceers that one pursues for a lifetime. Nor is it an incentive for a business owner who employs fewer than 50 people to expand.
Where will people go who need full-time employment and long-term job stability? It will be interesting to learn just which careers will be exempt from this rule. My guess? Government hiring will either receive a waiver or the additional expenses will be paid for via increased taxes and fees.
Another guess would be that companies who hire unionized workers will not be hit wit these expenses. That would do more than anything else to strengthen America’s union membership. They have been favored by the Obama administration.
Can you think of any others?Share