Olive Garden, Hardees, Red Lobster cutting ... thanks Obummer

Posted in the Greeneville Forum

Greene Guy

Iron Station, NC

#1 Nov 11, 2012
Job seekers will soon have a harder time finding full-time work, thanks to Obamacare. As of 2014, the law will attempt to force employers to provide insurance — but in doing so, it will have the unintended effect of making part-time employees more desirable than full-timers.

That’s because if a business with more than 49 full-time employees fails to offer insurance coverage, it will be required to pay a fine. And the fine will apply starting not with the 50th employee, but with the 31st. At $2,000 per employee after the first 30, these fines add up fast. A business that surpasses the threshold by just one full-time employee will face $40,000 each year in penalties.

Businesses that can easily substitute part-time for full-time labor — in particular restaurants, hotels, and retailers — will have a strong incentive to do so. The Wall Street Journal reports that Carl’s Jr., Hardee’s, Red Lobster, and Olive Garden are already planning to hire part-timers instead of full-timers at some or all of their locations. Other employers will restrict their current full-time employees to 30 hours a week so that they will be considered part-time under the law. And, of course, some businesses will opt to stay smaller. France provides an instructive example: There, 50 employees is the magic threshold for whether labor regulations apply. And — no surprise — the country “has more than 2.4 times as many firms with 49 employees as with 50,” Jed Graham notes in Investor’s Business Daily.
whothehellcares

Duluth, GA

#2 Nov 11, 2012
Retail and fast food places have already been hiring mostly part time people so they don't have to provide insurance, that is nothing new...
Greene Guy

Iron Station, NC

#3 Nov 11, 2012
you are forgetting store managers..... assistant managers ..... I have been in fast food and know how it works. I spent 5 years busting my butt in a resturant trying to pay my way thru school. I actually worked 2 jobs in the summers. It actually took me 6 years to make it thru school.... but when I walked across the stage to graduate ..... I walked off that stage debt free. :) Only thing I regret is not taking a typing class...LOL

“I'M BACK.......SPORA DICALLY”

Since: Jun 12

BUFFALO, NY

#4 Nov 11, 2012
Greene Guy wrote:
you are forgetting store managers..... assistant managers ..... I have been in fast food and know how it works. I spent 5 years busting my butt in a resturant trying to pay my way thru school. I actually worked 2 jobs in the summers. It actually took me 6 years to make it thru school.... but when I walked across the stage to graduate ..... I walked off that stage debt free.:) Only thing I regret is not taking a typing class...LOL
Congrats. Agree completely on the typing class.

“Stupidity Leak”

Since: Sep 11

Woodsboro

#5 Nov 17, 2012
I am a temp hoping to be made full time but I think it will not happen! But they will hopefully keep me on indefinitely. There are almost as many temps as full time people at my company right now. I guess it's good news for the Temp industry.

P.S. I worked at my last job for 10 years and we lost our medical due to the economy. So it's not like I had it anyway. If I get cancer I won't know it.
Fed up with Obama

Minneapolis, MN

#6 Dec 6, 2012
You guys voted him back in. This really sucks.
if that moron

Orlando, FL

#7 Dec 6, 2012
george w. bush (and his puppeteer dick head cheney) had been in the oval office during the attack on pearl harbor, they would have invaded mexico.
bulkinup

Johnson City, TN

#8 Dec 6, 2012
It's still Bush's fault...geeez...get in the know

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