Johnny Rock
Footballguy
ObamaCare is complex and will affect various companies in different ways. There is much to sort out yet. What are you or your company doing to lessen the effects and navigate through?
Industry: Retail, Multi-State
Workforce: 35 Store Managers & Office/350 Part-Time (PT)
We are choosing to concentrate on a few things that are under our control.
1) Analyze our PT workforce to determine how many Full-time Equivalent (FTE) (30 hrs/wk) emps we have and how many hours they're working.
2) Adjust PT hours to minimize the number of PT'ers who average 30 hours. We plan to adjust by 1/1/2013 as 2013 (either full year or quarterly) will be used as the basis in 2014 when we "Look Back" at the measurement period.
3) Determine what level of benefits will be considered "Qualifying" so as not to incur a penalty.
Expected Ramifications: More of our top PT'ers may need to find a second job in order to get more hours/week. This is unfortunate as managing the extra schedules is more work for everybody and can create chaos for the employee.
More time will be spent managing the hourly threshholds, hiring and workforce balance. The hedge will be to carry more employees at each store.
Industry: Retail, Multi-State
Workforce: 35 Store Managers & Office/350 Part-Time (PT)
We are choosing to concentrate on a few things that are under our control.
1) Analyze our PT workforce to determine how many Full-time Equivalent (FTE) (30 hrs/wk) emps we have and how many hours they're working.
2) Adjust PT hours to minimize the number of PT'ers who average 30 hours. We plan to adjust by 1/1/2013 as 2013 (either full year or quarterly) will be used as the basis in 2014 when we "Look Back" at the measurement period.
3) Determine what level of benefits will be considered "Qualifying" so as not to incur a penalty.
Expected Ramifications: More of our top PT'ers may need to find a second job in order to get more hours/week. This is unfortunate as managing the extra schedules is more work for everybody and can create chaos for the employee.
More time will be spent managing the hourly threshholds, hiring and workforce balance. The hedge will be to carry more employees at each store.
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