Newsflash: Lousy businesses that were failing anyway lay people off, use "Obamcare" as excuse (unemployment, legal)

[MaseMan]

I think my thread title sums it up. I really don't have sympathy for these people (the bosses using increasing costs as an excuse, not the employees). If you're laying people off because of who won an election, you're not the kind of employer most people want to work for anyway.

[artisan4]

Don't you know that workers are a commodity, like sides of beef? If a worker gets sick it is not my responsibility as an employer to take care of it or its family. Beware or it may organize into a 'union' or 'movement' and vote against your Senate employees. I recommend sending positions overseas, where you can do what you want. Five years old is certainly old enough to work and chemicals are perfectly safe. I will send you some information on that after I can get to my Wall Street office.

[artisan4]

I like this quote about the election:

http://www.nytimes.com/2012/11/11/op...f=general&_r=0

'Romney and Tea Party loonies dismissed half the country as chattel and moochers who did not belong in their “traditional” America. But the more they insulted the president with birther cracks, the more they tried to force chastity belts on women, and the more they made Hispanics, blacks and gays feel like the help, the more these groups burned to prove that, knitted together, they could give the dead-enders of white male domination the boot.'

[Icy Tea]

The new worker is a newly hired 28 hour part time employee. That'll keep the unemployment down under 10%( okay 15% really) for a little while. Until all these part time seasonal jobs end, at least.

[skoro]

What kind of "business leader" will take deliberate actions to damage his company based on election results?

Bitter much?

[HappyTexan]

The IRS just came out with that 30 hours=full time change. And they will look back 12 months to verify the status.

Anyone who had 50 workers under 40 hours and thought they were exempt are now not exempt.
They have to be 50 workers under 30 hours to be exempt.

That 30 hour ruling was not in the signed bill folks. That's part of the details still unfolding.

[HappyTexan]

This IRS ruling for Obamacare just came out September 2012. And..it's still not complete.

IRS Issues Rules on "Full-time Employees" and 90-day Waiting Period Limitation under the Affordable Care Act | Mintz Levin - Employment, Labor & Benefits - JDSupra
The centerpiece of the IRS’s approach to defining the term “full-time employee” is a “look-back/stability period” safe harbor under which employers are permitted to select up to a 12-month look-back (or “measurement”) period for both ongoing and newly hired employees to determine whether an employee is full-time during the measurement period. If so, the employer must make an offer of coverage during a corresponding “stability period” or face the prospect of a fine.

[Jerseyt719]

Well they had to pass it to see what's in it.

[whogo]

They better change this back to 40 hours or a new recession is on the way.

[HappyTexan]

Originally Posted by Jerseyt719

Well they had to pass it to see what's in it.

The funny thing is the bill said under 50 full time employees and you were exempt.

What caught business by surprise was that the USG, for the first time, defined full time status for all business now and they defined that at 30 hours, not 40.

Done in Sept and effective starting January. Throw this at them with 3 months to plan and make changes.