One of the mandates of Obamacare forces employers with 50 or more employees to provide healthcare benefits for all full time employees. In the same Obamacare regulation, they changed the definition of full time from 32 or more hours to only 30 hours.
Once the employer mandate went into effect, many employers began cutting the hours of employees from 40 hours a week to less than 30 hours a week to avoid having to pay for healthcare benefits. On the average, it costs many employers anywhere from $2,000 to over $5,000 a year for healthcare benefits per employee.
Read the rest at: LessWork
Join the conversation!
We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.