Skip to comments.Prepping for Obamacare, Chain Cuts Workers' Hours (Red Lobster, Olive Garden)
Posted on 10/10/2012 2:41:21 AM PDT by Timber Rattler
The owner of Olive Garden and Red Lobster restaurants is putting more workers on part-time status in a test aimed at limiting the impact of looming health coverage requirements.
Darden Restaurants declined to give details but said the test is only in restaurants in four markets across the country. The test entails increasing the number of workers on part-time status, meaning they work less than 30 hours a week. Under the new health care act, companies will be required to provide health care to full-time employees by 2014. That would significantly boost labor costs for businesses.
(Excerpt) Read more at cnbc.com ...
Awesome... a whole class of working poor to support. Mission accomplished!
Somebody posted a story about the size of companies in France; they keep them small so they can avoid restrictions that transform large companies into social service providers. I worked with an older gentleman who visited Portugal decades ago during high unemployment, and one of the ways they fought it was to have EVERYONE basically share their jobs with someone else; each ended up with about 4-5 hours of work per day. Looks like we’re heading in the same direction; under The Sultan, we’ll have 100% employment (@ 25 hours per week). Forward!
I predict Obamacare is going to be a major factor for many small business owners to close their doors and is going to cause ANOTHER huge increase in the price of services and goods and that the liberal left did not foresee. They just don’t seem to have very good foresight on what the unintended consequences will be of their actions and THEY say we’re the dummies. They’re turning about to be the gullible ones putting their trust in mortal men and dismissing God as a myth. I don’t think it will be that much longer until their knees are going to be bent and their tongues confess that their is a living God and that they will be held accountable for their actions.
They foresaw it. They have been go Europe and know full well what will happen. Rats do not see it as bad. It is their goal
In Germany, there is this catch-phrase....400-Euro jobs. For roughly eighty hours a month, you can make 400 Euro (figure around $500). You avoid taxation, social security, and medical care requirements. Every community probably has 10k of these jobs. Almost all grocery chains operate with this. Most of the smaller pubs operate like this. Once the government created this...around twelve years ago...everyone drifted toward it. I don’t think the government intended for this to be so massive, but commercial companies found it to work better than the higher wages with benefits attached.
The sad thing about the deal is that you never can discuss pay raises with this deal. You max out at the 400-Euro range. So you’ve got an entire society that is locked into a bad mess, with no escape.
Look for the likelyhood of Romney winning the election.
They can get a job at McDonalds to finish out the work week. “Would you like fries with that, sir?”
Time to remind seniors that COLAs have not been visited during the past 3 years.
Let’s review food, gas and housing.
I remember I was in college in the early 90s and we discussed Wal-Mart’s practice of hiring workers for jobs that were just under the threshold where benefits would be required. The same professor assured us back then that we would not have the same standard of living as our parents.
On a related note, I actually work with a POS that was complaining that her mother couldn’t afford to retire - she had worked “under the table” for years so her Social Security income was too low. My co-worker lamented that her mother had to go back to work, at the same under-the-table job she’d worked for years! Scamming welfare, Uncle Sam, etc. - the whole urban sub-culture...
What is, Unintended Consequences"?
I'll take "Obvious Outcomes of Socialist Legislation" for 400 next Alex.
All those part time workers hired, to make up for the lack of hours worked by the other employees, will drive the unemployment NUMBERS down.
How many companies will not hire over 50 employees so they can stay just under that figure and not have to provide insurance.
Obamacare will change America, but not in a good way.
Call me cynical, but I refuse to believe that Romney will change anything in Obamacare.
So, the gooberment didn't see that coming, how are they going to fix this small detail? Another 2300 pages of BS?
...At a time when most food service providers are struggling under the weight of increased taxes, health care mandates, and regulations, Darden Restaurants just happens to be one of the few and fortunate businesses to obtain one of those coveted Obamacare waivers...
Good help will find more hours somewhere else.
Good restaurants will go bad.
Bad restaurants go out of business.
All according to plan comrade!
Very true. The purpose of this guys reform has been the destruction of private insurance. One cannot expect anything else to happen if the caps are removed and coverage is mandated without concern for current health and pricing is mandated without accounting for risk.