Geee Posted August 2, 2013 Share Posted August 2, 2013 Washington Examiner: The administration has popped the bubble of hope some small business had that switching to part-time staff would let them escape the high costs of Obamacare. The Small Business Administration on Thursday created a website to explain to businesses that the government will simply tally up the number of part-time employees firms have to determine if enough hours have been worked to essentially create a "full-time equivalent." Some smaller businesses had thought that if they could get under the 50 full-time employee cap that activates Obamacare by cutting full-time workers and hiring more part-time workers they would escape having to provide costly health care insurance — or pay a federal fine. Several business organizations have been warning smaller firms of the provision in Obamacare, but many were confused and waiting for the administration to finally explain the so-called employer mandate calculation. Link to comment Share on other sites More sharing options...
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