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Obama Slashes Four Hours Off Definition of "Full-Time" Employment
LoP Guest
lop guest
User ID: 129118
10-24-2012 03:23 PM

 



Post: #1
furious Obama Slashes Four Hours Off Definition of "Full-Time" Employment
The BLS Glossary defines full-time workers as "Persons who work 35 hours or more per week".

For monthly reporting, the BLS defines part-time as "those who worked 1 to 34 hours during the survey reference week". With that wording, I am not precisely sure where 34.1 or 34.5 hours fit.

Interestingly, the Obamacare mandate says Anyone Who Works 30-Hour Week Is Now 'Full-Time'

A little-known section in the Obamacare health reform law defines “full-time” work as averaging only 30 hours per week, a definition that will affect some employers who utilize part-time workers to trim the cost of complying with the Obamacare rule that says businesses with 50 or more workers must provide health insurance or pay a fine.

“The term ‘full-time employee’ means, with respect to any month, an employee who is employed on average at least 30 hours of service per week,” section 1513 of the law reads. (Scroll down to section 4, paragraph A.)

If an employer has 50 or more "full-time employees" and does not offer health insurance, it must pay a penalty per employee for each month it does not offer coverage.


http://globaleconomicanalysis.blogspot.c...itio​n.html
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LoP Guest
lop guest
User ID: 75477
10-24-2012 03:25 PM

 



Post: #2
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
LoP Guest  Wrote:
The BLS Glossary defines full-time workers as "Persons who work 35 hours or more per week".

For monthly reporting, the BLS defines part-time as "those who worked 1 to 34 hours during the survey reference week". With that wording, I am not precisely sure where 34.1 or 34.5 hours fit.

Interestingly, the Obamacare mandate says Anyone Who Works 30-Hour Week Is Now 'Full-Time'

A little-known section in the Obamacare health reform law defines “full-time” work as averaging only 30 hours per week, a definition that will affect some employers who utilize part-time workers to trim the cost of complying with the Obamacare rule that says businesses with 50 or more workers must provide health insurance or pay a fine.

“The term ‘full-time employee’ means, with respect to any month, an employee who is employed on average at least 30 hours of service per week,” section 1513 of the law reads. (Scroll down to section 4, paragraph A.)

If an employer has 50 or more "full-time employees" and does not offer health insurance, it must pay a penalty per employee for each month it does not offer coverage.


http://globaleconomicanalysis.blogspot.c...itio​n.html

Id do it only if i got double pay thatd be awesome chuckle
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LoP Guest
lop guest
User ID: 119527
10-24-2012 03:27 PM

 



Post: #3
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
Ha, trying living on 30 hours a week.
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Mother Mary staff
"Mom" <3 "Wife" <3 *ENFJ*
User ID: 14471
10-24-2012 03:40 PM

Posts: 8,997



Post: #4
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
LoP Guest  Wrote:
Ha, trying living on 30 hours a week.

29, but that's what I said too. We already have tons of stories about people who are working and they are working 34 hours a week so that the employer doesn't have to pay benefits. I am sure the logic behind this was to make it so those people who were working 34 hours a week got benefits, but now they are just going to get 5 hours less of work per week.

Of course I'm crazy, but that doesn't mean I'm wrong.” Robert Anton Wilson

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Full Bloom
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User ID: 126509
10-24-2012 03:44 PM

Posts: 1,794



Post: #5
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
Stating my opinion on how this will turn out.

I don't believe businesses will want to hire two 20 hour per week employees to take the place of one due to how expensive that will be.

It is expensive to hire employees. Hiring cost a hell of a lot of money due to the background checks, drug tests, and training periods. It is well known that employees that work 29 hours or less per week are more transient and job hop more often.

I also do not believe businesses will suddenly increase workers to 40 hours a week since they have to pay them benefits anyway. They have gotten away with working them 34 hours with no benefits so long that this is not even an option in their minds.

It will NOT be cost effective for businesses to hire so many additional employees, and it will make a big cut in their bottom line to suddenly have to pay for benefits for so many employees that they have not been doing so for.

Expect a wave of businesses throwing in the towel after this and unemployment numbers to skyrocket to new heights.
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Full Bloom
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10-24-2012 03:49 PM

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Post: #6
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
Believe me that the angle for this legislation is NOT to help people.

It is so that they can fine/tax the businesses to bring in more revenue.

The other motive is so that employees that do work 30 hours a week will be eligible for health insurance through employers and NO LONGER eligible for government healthcare programs due to eligibility status. Pay no mind that the poor employee working 29 hours a week would be paying 50% of their pay on the health insurance premiums and have nothing left to live on.
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LoP Guest
lop guest
User ID: 84193
10-24-2012 03:52 PM

 



Post: #7
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
"Expect a wave of businesses throwing in the towel after this and unemployment numbers to skyrocket to new heights"


Sorry. We don't throw in the towel, we will raise prices accordingly. It is business, not let's cry about the president.
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evilolive
Always Questioning ENFP!
User ID: 128681
10-24-2012 03:53 PM

Posts: 2,690



Post: #8
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
Even 1 hour alone is going to be a government money saver.

No choices left for solving our issues effectively.. once you drop that snowball long ago ways of solving it is only gonna get bigger...

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When a leaf falls, who's fault is it?
The tree that let it go,
The wind for blowing it away,
Or the leaf that got tired of holding on?
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LoP Guest
lop guest
User ID: 129264
10-24-2012 03:54 PM

 



Post: #9
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
LoP Guest  Wrote:
The BLS Glossary defines full-time workers as "Persons who work 35 hours or more per week".
....

Moarrrrrrrrrrrrr reichwing bullshit.

http://en.wikipedia.org/wiki/Full-time
Quote:The Fair Labor Standards Act (FLSA) does not define full-time employment or part-time employment. This is a matter generally to be determined by the employer (US Department of Labor). The definition by employer can vary and is generally published in a company's Employee Handbook. Companies commonly require from 30–35 hours per week to be defined as full-time and therefore eligible for benefits.
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Full Bloom
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10-24-2012 04:00 PM

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Post: #10
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
LoP Guest  Wrote:
"Expect a wave of businesses throwing in the towel after this and unemployment numbers to skyrocket to new heights"


Sorry. We don't throw in the towel, we will raise prices accordingly. It is business, not let's cry about the president.

I agree many will raise prices sky high in an effort to cover the additional cost, but because of inflation you end up with the public making cut backs on spending and the result if fewer customers and eventually many will decide it is not f*cking worth it.
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Full Bloom
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User ID: 126509
10-24-2012 04:06 PM

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Post: #11
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
The savings to the government by so many people dropping from the Obama care rolls due to eligibility for benefits via an employer while they work 30 hours a week will be a huge chunk of change.
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Kanigo2
lop guest
User ID: 97971
10-24-2012 04:06 PM

 



Post: #12
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
LoP Guest  Wrote:
LoP Guest  Wrote:
The BLS Glossary defines full-time workers as "Persons who work 35 hours or more per week".
....

Moarrrrrrrrrrrrr reichwing bullshit.

http://en.wikipedia.org/wiki/Full-time
Quote:The Fair Labor Standards Act (FLSA) does not define full-time employment or part-time employment. This is a matter generally to be determined by the employer (US Department of Labor). The definition by employer can vary and is generally published in a company's Employee Handbook. Companies commonly require from 30–35 hours per week to be defined as full-time and therefore eligible for benefits.

That was SELF REGULATION, so Obama just made it legal.
If they all didn't do it before they will now.


First it was a suggestion, then it became law.
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Twatwaffle
lop guest
User ID: 129270
10-24-2012 04:16 PM

 



Post: #13
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
The U.S. federal government in a recent report proved conclusively (sourced from the finest government statistical data available) that 98% of all government statistical data released are misleading and/or patently false.

chuckle
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LoP Guest
lop guest
User ID: 129276
10-24-2012 04:21 PM

 



Post: #14
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
I Love Cats  Wrote:
Stating my opinion on how this will turn out.

I don't believe businesses will want to hire two 20 hour per week employees to take the place of one due to how expensive that will be.

It is expensive to hire employees. Hiring cost a hell of a lot of money due to the background checks, drug tests, and training periods. It is well known that employees that work 29 hours or less per week are more transient and job hop more often.

I also do not believe businesses will suddenly increase workers to 40 hours a week since they have to pay them benefits anyway. They have gotten away with working them 34 hours with no benefits so long that this is not even an option in their minds.

It will NOT be cost effective for businesses to hire so many additional employees, and it will make a big cut in their bottom line to suddenly have to pay for benefits for so many employees that they have not been doing so for.

Expect a wave of businesses throwing in the towel after this and unemployment numbers to skyrocket to new heights.

I think that will be the trend, if ObamyCare is not abolished, places like Wal~mart, Targe will not doubt make staff work only 20 hours a week.
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Twatwaffle
lop guest
User ID: 129270
10-24-2012 04:23 PM

 



Post: #15
RE: Obama Slashes Four Hours Off Definition of "Full-Time" Employment
LoP Guest  Wrote:
I think that will be the trend, if ObamyCare is not abolished, places like Wal~mart, Targe will not doubt make staff work only 20 hours a week.

I think that is a more than reasonable conclusion.
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