So last week I overheard two employees at the Petro in Bordentown, NJ kvetching about the newest policy change in the company.
It seems that Petro (at least that one) will no longer have any full time employees on the payroll. Why? Because the new health care law requires companies to offer health insurance to all full time employees. So apparently Petro is cutting their employees' hours back to where they are legally considered part time so that they don't incur the added expense of mandated health insurance.
I'm wondering if this is actually true, and I'm waiting to see just how widespread this trend will become.
New law prompting companies to move full-time to part-time?
Discussion in 'Trucking Industry Regulations' started by windsmith, Mar 23, 2013.
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Everybody is doing that. Sad but true. The bright side is I dont think the trucking companies will be able to do it. They will just cut your cpm to offset the cost.
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And this is the first time that you have heard that this was gonna happen?? People had been screaming for a long time, even before the bill was passed, that this would be one of the consequences of it. Lots of people just scoffed or hm-ha'd, like "oh they are just crazy people who don't like our Dear President..... This is just ONE of MANY BAD THINGS that are going to unfold Dude....
cowboy_tech, misterG, sdaniel and 16 others Thank this. -
companies were doing this yrs before this bill even was thought of.
kept the bottom line lower.
Coke was doing it 3 yrs ago. no ins and working 35 hrs. office help -
We have Wallyworld to thanks. If you work for them you are an Associate or as the first three letters designate. I knew in the 1970s they'd be the downfall of this country. (Yay numb, me too!) 68-69
formertaxidriver, SheepDog, joseph1135 and 1 other person Thank this. -
I also heard that, the Walton family, not of the little house fame, claim they can't get enough product to fill shelves. Too cheap! With in 2 years this guy claimed, Waltons will ask the Govt. to bail them out and will get it as they are nearly a monoply having knocked Sears, Kmart and most others smaller biz out. This is a 6 billion $$ family mind you.
joseph1135 Thanks this. -
Maybe some companies have done it before the law was around, but, you will see a landslide of this sort of thing now.
Do you have any idea how much it costs to run a company? Do you have any idea how much an employee that makes, say, 25k actually costs a company? Add on employment taxes (state and federal) ... Not just your taxes that will come out of your gross pay ... Benefits ... Liability, commercial auto .... Whatever else? The larger companies will make do by cutting hours. It will be the small businesses that will continue to suffer. I predict there will be a noticeable increase in smaller small businesses just moving into paying needed employees on a cash basis. -
I predict that the average work week will be two 39hr jobs just to get by.
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I was told today by a friend that just got his job a few weeks ago, that the company that hired him said that if he is laid off, fired or quit. The company has to hire two people to replace him, with reduced hours and if you don't have your own health care plan, you have to buy Obama's plan. Also, this happened to me last week. I was told by a trucking company that because I had some unemployment and wasn't drawing an unemployment check from the state, that they would not talk to me about a job. I ask why and she would only say that this company would not talk to me about a job. She ask me what I had been doing with myself. I told her what ever I could. She hung up on me. So, If you have a job, you can get one. If you don't have a job, you can't get one!
SheepDog Thanks this.
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