In order to remain viable, some restaurants try to recover the costs of the Affordable Care Act by imposing Obamacare surcharges on customers. Tom Kent was interviewed for an article recently published by Law 360 regarding the issue. Here is the link to the article; http://www.law360.com/hospitality/articles/514971/charging-for-aca-costs-is-legal-gamble-for-restaurants
Tag Archives: Obamacare
Sarah Ivy, Chair of G&K’s Executive Compensation and Employee Benefit practice, provided the following update. Large franchisors and multi-unit franchise owners should take note.
We are watching the progress of H.R. 2575 very closely. Any upwards modification of the 30 hour per week standard in defining a full-time employee under PPACA would be a relief to those large employers subject to the pay-or-play penalties. We will keep you updated on the status of the Save American Workers Act bill. http://www.benefitspro.com/2014/02/04/committee-approves-full-time-worker-bill
Franchise owners continue to lobby Congress to return the definition of a full time work week to 40 hours rather than the current 30 hour week as defined in the Affordable Care Act. Franchise owners believe the current law will result in a reduction of employee hours as operators attempt to manage costs in order to remain sustainable. Here is a link to the article;
Tom Kent was interviewed for an article recently published by Law 360 regarding large hospitality brands and the impact of the Affordable Care Act. Here is a link to the article;
For the past two years, pundits have suggested that the implementation of the Affordable Care Act would result in small employers cutting back their full time work force in order to avoid the fines and penalties that may be imposed upon employers with more than fifty full time employees or full time equivalents. A recent article in the Christian Science Monitor confirms these predictions as roughly one third of franchise owners have shifted workers from full time schedules to part time. Here is a link to the article; http://www.csmonitor.com/USA/Politics/2013/1113/Businesses-cut-full-time-workers-to-meet-Obamacare-mandate-study-says-video