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Restaurant franchisees are hiring more and it could have more to do with the Affordable Care Act...

Restaurant franchisees are hiring more and it could have more to do with the Affordable Care Act than actual demand, according to analysts. Under the fine print of the health care reform bill, a business can avoid paying health care insurance if their employees on average work less than 30 hours a week. Is an army of part-time workers about to invade the restaurant business (CAKE, CBRL, CMG, DNKN, DPZ, DRI, EAT, JACK, MCD, PNRA, RRGB, RT, SONC, WEN, BWLD, THI, BDL, NATH, BKW, PZZA, TXRH, DENN, KKD, BBRG, DFRG, BOBE, RUTH, IRG, DIN) to help allay ACA costs?
Comments (5)
  • jdvance
    , contributor
    Comments (3) | Send Message
     
    Part time workers, why not. Purpose is to make a profit. Obamacare eats into that. jdvance
    24 Jun 2013, 03:35 PM Reply Like
  • techwonk
    , contributor
    Comments (285) | Send Message
     
    It's increasingly clear that the response of business to this "yes we can" legislation is going to be "no, we won't".

     

    Converting full-time jobs to part-time reduces the pool of insured persons paying premiums, which is the money that will be paid out in claims. Meanwhile Aetna is scaling back on writing policies for individuals.

     

    Health care affordability is a moving target. It's not too soon to start asking how the government is going to be keeping tabs on how all this insurance is going to get paid for.
    24 Jun 2013, 07:11 PM Reply Like
  • peace4
    , contributor
    Comments (340) | Send Message
     
    Workers need good jobs with benefits and it is just plain cheap and unattractive of such big companies to deny folks a living wage and decent insurance benefits. Hard work should lead to secure and decent living standards. Makes me ashamed of owning MCD and maybe I will not buy the CBRL on my watch list. The America I grew up in gave hope and opportunity to those who worked hard but you can't get ahead on today's minimum wage jobs working part time. I don't want to make my retirement income balanced on the backs of folks trapped in poverty. Peace
    24 Jun 2013, 07:25 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5368) | Send Message
     
    Okay, so they have more part-time workers. That still means more people have money, so that is good for the economy. If more people can get part-time jobs, that means there will be less people without jobs and thus less pan-handlers on the streets. Plus, if the businesses raise wages, the part-time workers will be making about the same as full-time workers.

     

    And what is wrong about working two jobs? I do three.

     

    Something is really wrong if an internship at Cisco or IBM pays $3,000 a month (or $36,000 a year).
    25 Jun 2013, 08:27 AM Reply Like
  • peace4
    , contributor
    Comments (340) | Send Message
     
    Michael,
    You go try to feed a family on a minimum wage part time job. See if you can also buy shoes for the kids. If you work three jobs just to get by, see if you have time to help with homework at night. See if you have energy to help explain life to the kids so they will develop good values while growing up.
    I was that parent with a full time but low wage job back when my profession (college grad) was poorly paid. I ate all those Raman Noodles and fed them to my kids and I have the real life experience to tell you that my family suffered and I am extremely glad to know that my profession now pays a decent wage to both full and part time workers. Those following behind me have a good life for their service to the community and that is fair and reasonable and it is better for the community too because they can hire the best and retain them.
    Good communities need good families, they need kids who are healthy and do well in school so there will be a future for the community too. Nourishing food and decent housing costs money. Folks willing to work should be paid properly and not have the life sucked out of them by greedy employers. It is up to government to see that hard working folks get a fair chance. At least that is what I expect here in America.
    Sorry for being so opinionated about this, but it comes from having had a hard time when my kids were small. I am opinionated pretty strongly about this but do not intend disrespect.
    Peace
    11 Jul 2013, 02:37 PM Reply Like
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