THAT is when everyone works 29 hours a week.
= = = = = = = = = = = = = = = = = = = = = = = = == = = =
AND since the businesses will stay open just as long, that will require DOUBLE THE EMPLOYEES, which will drive the unemployment #’s downward..
Everyone thinks BO is stoooooooooooooopid, but in reality, he is a genius. (BARF)
See, a blind squirrel does find an acorn now and then.
bump
After a career in HR, I will say that two part-timers instead of one full-timer is less efficient, and adds expenses for the company in many ways. It’s not just an equal replacement. For example, now there are twice as many employees, so there are space problems, logistics problems, like parking, all processing (like payroll) takes longer because there are twice a many to handle, and all the little issues related to employees are doubled. More hiring time. More turnover. Many other things like that. So being forced to run a company with more lower-hours employees has a negative impact on the productivity of the company. If the company is on the edge financially anyway, it might not survive such a change.
Look at the bright side. The idiot in chief will get a whole lot less tax revenue to buy more toys and technology to enslave you with. Get some popcorn, sitt back and watch the implosion begin...: )
Look at the bright side. The idiot in chief will get a whole lot less tax revenue to buy more toys and technology to enslave you with. Get some popcorn, sit back and watch the implosion begin...: )
Fire the least productive - keep the most productive on for 29 hours a week. They won’t lose much production. If you are a 24 hours a day business, that means you have 168 hours to fill, that’s 6 employees. That means you could have yourself as the manager and 7 employees available at any one time.
That’s plenty.
You are bing selectively silly.
Some companies will have open hours only enough to work their people under the Obamacare minimum.
More Mom & Pop companies will find that Mom & Pop are there more & more, but they also have the right to pay themselves more and more for those hours. There always are hours in the normal 8 hour day which are asically non-productive. I may hire a person for 40 hours=8 x 5. But now, I will work that person only 28 hours—4 days x 7 hours or 5 days for 5 1/2 hours, which will be under the 30 hours cutoff. School buss drivers work a split shift—every day. Morning——Evening. You will be surprised how many locations will adopt a 28 hour or so week.
Welcome to The New Normal. Those who have a life style that needs at least 40 hours a week, will be working another job. More commuting- and that isn’t deductible.
The Young, failure to think beyond their noses voters, will get a serious and fast lesson in how elections have consequences.
I already know 6 businesses that will lay off workers and or shut the doors forever. One owner will work out of his home—it is a service business and he will have no clients come to his home—he will commute to them. He will survive—but even the part time workers he had will have a tougher time paying for their college classes. He was letting them work in the hours when they were not in class, and he was adjusting their work hours every semester, around their classes. No More—and possible NEVER AGAIN. He is old enough to drop the trappings of a big prestigious office location & the accompanying rent. He has a clientele he can cherry-pick and keep the ones who he has the best rapport with and do the work out of his home....alone or with a part time clerk. His own kids are grown, so he can turn a bedroom into a nice office. He is doing just that.
Another friend is moving his service business out of the building he owns & is renting that space to another person who pays him. He moved his service business into his garage—and never has a customer at his location. He does service calls at their locations. He is making about 15% less gross on the service business, but he is making more on the rent than the lost 15%. He is spending less on gas right out of his house, and can eat lunch at home when his service calls are not far away. All of this is saving him effort and $$$, and making him more income on the flip side.
ERGO: Those who have built their business from scratch know how to stay alive. They can cope with smaller space & fewer clients and fewer rules from the Federal government. Both of the above service entities have also lost every penny of cost of Workmen’s Comp- a serious cost in some states. They will not have to provide health insurance to any employee. No rent. No big power bill. More flexible hours...for themselves only.
For some businesses in the USA, all of this is a plus. The rest will wither & die trying to cope with Obama.