Obamacare mandates and regulations may affect hiring in 2013 as business owners find ways to avoid business threatening penalties. They're restructuring their payrolls to shrink the number of fulltime employees and keep the number of workers under the 50 mark. USA Today reported Sunday:
Under the Affordable Care Act, businesses that employ at least 50 full-time workers — or the equivalent, including part-time workers — must offer health insurance to staffers who work at least 30 hours a week. Employers that don't provide coverage must pay a $2,000-per-worker penalty, excluding the first 30 employees.
The so-called employer mandate to offer health coverage doesn't take effect until Jan. 1, 2014. But to determine whether employees work enough hours on average to receive benefits, employers must track their schedules for three to 12 months prior to 2014 — meaning many are restructuring payrolls now or will do so early next year.
As a business owner, are Obamacare regs and mandates having any effect on your hiring plans for 2013?