Report: Health Care Law May Mean Less Hiring In 2013
Written by Your 5News Team
Last updated on January 02, 2013 @ 7:30PM
Created on January 02, 2013 @ 6:31PM
The new year issues in a number of new laws.
One law that only goes effect next year is the Affordable Care Act. However, according to a new report the effects of it should be felt this year.
Apparently a lot of businesses are planning to bring on more workers part-time, trim the hours of full-time workers, and even stop hiring because of it.
Under the Affordable Care Act businesses that employ at least 50 workers must offer health insurance to those who work at least 30 hours a week.
The ones who don't have to pay a penalty. That's causing some employers to say "not so fast" when it comes to hiring.
The employer mandate to offer health coverage doesn't start until January 1, 2014.
The law will impact every kind of company. That's because the ones who don't comply will have to pay a penalty of $2,000 per worker.
The act should affect businesses that are planning to hire the most.
Retailers, restaurants, and hotels also figure to be hit hard. That's because they typically hire a lot of part-time and seasonal workers.
One pizza place in Morgantown is bucking that trend.
The owners of Casa D'Amici are hiring right now. They told 5 News as long as they're doing okay they'll continue to hire this year and next year.
Latelle Hall, is one of the owners of Casa D'Amici, he said they want quality people working there.
"Our business is going very well," Hall said. "Consequently, we're not going to use this as an excuse, or a reason to cut off hiring people."
Hall also said they want quality people working there and they're okay having more than 50 employees.
Add your CommentYou must have an active WDTV.COM user account to post comments. Please login to your account, or create your free account today!