Daily Archives: July 17, 2013

Small business squirming from Obamacare

I really don’t believe people outside the castle walls would call this “unexpected”: 74% of small businesses will fire workers, cut hours under Obamacare | WashingtonExaminer.com.

Despite the administration’s controversial decision to delay forcing companies to join Obamacare for a year, three-quarters of small businesses are still making plans to duck the costly law by firing workers, reducing hours of full-time staff, or shift many to part-time, according to a sobering survey released by the U.S. Chamber of Commerce.

“Small businesses expect the requirement to negatively impact their employees. Twenty-seven percent say they will cut hours to reduce full time employees, 24 percent will reduce hiring, and 23 percent plan to replace full time employees with part-time workers to avoid triggering the mandate,” said the Chamber business survey provided to Secrets.

I believe there’s a 6 month lookback period on the determination of part time so if the small business portion of the Obamacare mandate hadn’t been delayed a year it would have been too late for these companies to change workers designation. I suppose they could have always fired them.