General Discussion
In reply to the discussion: Forever 21 letter to all full time/non-management employees [View all]AzDon
(1 post)New Here, Hi!
I had a small businessman tell me recently that he'd hafta go out of business because the fines for not insuring his two employees was going to bankrupt him! I did a little research, found this excellent primer on the subject from NFIB and printed it, and gave him a copy. He was so invested in believing that Obamacare would bankrupt him, that he wanted to argue!
Anyway, here's the NFIB explanation of employer penalties:
http://www.nfib.com/portals/0/pdf/allusers/free%20rider%20provision.pdf
The way I read this, If Forever21 has even one employee making less than 400% of poverty that applies for govt premium assistance at the govt exchange and receives it, Forever21 will be fined FOR EACH EMPLOYEE THAT COULD RECEIVE THE SAME ASSISTANCE!
Also, every 120 labor hours/mo constitutes a full time position even if it's split between employees.
It's hard to beleive that a retailer would so boldly send out such a cold-hearted letter expressing willingness to screw their employees using a tactic that probably won't work!