Obamacare classifies employees working 30 or more hours as full time. Apparently the number of full time employees determines the companies obligations under Obamacare. To save money companies are cutting employee hours (see link below).
I was told today by a friend who works at a major chain of convenience stores in this region that employees there are going to have their hours cut.
Does anyone know of any specific examples of local companies doing this?
"Major elements of the Affordable Care Act -- also known as Obamacare -- are set to take effect in 2014, including the employer mandate that will require employers to offer health care benefits to employees who work 30 hours per week or more. For adjunct professors at one school, however, the legislation will not result in an expansion of coverage, but rather a loss in earnings as officials try to limit the institution's financial burden."