Stephanie
Diamond Member
- Jul 11, 2004
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well well,
SNIP:
Operators evaluate money-saving options before the Patient Protection and Affordable Care Act takes effect
October 17, 2012 | By Erin Dostal
In light of the passage of the Patient Protection and Affordable Care Act, restaurant companies and franchisees are looking into ways to lower costs to save money, including cutting employee hours.
What were seeing is that this health care law puts unique challenges on chain restaurants, said Rob Green, executive director of the National Council of Chain Restaurants. The law will have cost implications on a lot of different business sectors, but restaurants and retail are in the bulls eye.
Specifically, two parts of the PPACA may raise costs for restaurant chains: The definition of full-time employees as those who work 30 or more hours per week, rather than the traditional 37-40 hours per week, and the fact that the law applies to any business with more than 50 employees a number some say will discourage franchise growth.
These are going to be costs, and companies have to figure out how to manage them the options are limited, Green said. Many restaurant companies dont know exactly how the health care law will impact them, he added, so this early analysis may be crucial.
all of it here
Read more: Restaurants to mitigate health care costs by cutting employee hours | Nation's Restaurant News
SNIP:
Operators evaluate money-saving options before the Patient Protection and Affordable Care Act takes effect
October 17, 2012 | By Erin Dostal
In light of the passage of the Patient Protection and Affordable Care Act, restaurant companies and franchisees are looking into ways to lower costs to save money, including cutting employee hours.
What were seeing is that this health care law puts unique challenges on chain restaurants, said Rob Green, executive director of the National Council of Chain Restaurants. The law will have cost implications on a lot of different business sectors, but restaurants and retail are in the bulls eye.
Specifically, two parts of the PPACA may raise costs for restaurant chains: The definition of full-time employees as those who work 30 or more hours per week, rather than the traditional 37-40 hours per week, and the fact that the law applies to any business with more than 50 employees a number some say will discourage franchise growth.
These are going to be costs, and companies have to figure out how to manage them the options are limited, Green said. Many restaurant companies dont know exactly how the health care law will impact them, he added, so this early analysis may be crucial.
all of it here
Read more: Restaurants to mitigate health care costs by cutting employee hours | Nation's Restaurant News