"Janney Capital Markets analyst Mark Kalinowski said the cost of providing that could become higher for Darden under the Affordable Care Act. Because that law requires everyone to have health insurance, more workers will likely choose its coverage, Kalinowski said."
And as usual, the take from local media is that Darden is "greedy".
Valerie: Did you hear about Olive Garden? They’re trying to get around the Obamacare costs by only hiring part time workers.
Obama: Get me my pen. We need another Executive Order mucho pronto. Going through Congress is so, so yesterday. Gotta just love that Living Constitution.
“unexpected”
EXCELLENT!
More part-time employees=higher job numbers!
The program is called obamaDOESN’Tcare.
Surprisingly, Darden Restaurant’s CEO has been a major Obama donor in the past... /s
[Darden, the world’s largest casual-dining company and one of the nation’s 30 largest employers, said it offers health insurance to all its approximately 185,000 employees. Many are offered a limited-benefit plan. That type of coverage is being phased out under health-care changes, which will ban annual limits for most plans.]
Bump
Obama’s dream-com-true; a nation of part-time workers.
If they do not, the companies can face fines of up to $3,000 for each employee who then turns to an exchange — an online marketplace — for insurance.
"I think a lot of those employers, especially restaurants, are just going to ensure nobody gets scheduled more than 30 hours a week," said Matthew Snook, partner with human-resources consulting company Mercer.
Darden said its goal at the test restaurants is to keep employees at 28 hours a week.
Thanks obamma! Thanks Democrats! We are turning into a nation of part-timers. 25% less pay with no health insurance. Thanks again obamma and Democrats!
And then the employees will be socked with a penalty if they don’t have heath insurance. Obamacare is really working out well.
Fake Italian, Fake Seafood, and Fake steak, worse places I have ever eaten.
If I were the owner of a company, corporation, business or concern that is going to be affected by Obamacare, and I could offload it at a price that would keep me in good comfort the rest of my life, I’d friggin sell it and hide the money in some form that the government could not touch effectively.
If Obama wins, expect this from a lot of large stock holders, business owners, etc. They’re gonna check out and try and outrun the chaos. I don’t blame them.
No more cheese “Biscuit” for 0bama.
I have seen the future and it is multiple part time jobs for everyone.
It will become the norm for people to have their “morning” and “evening” jobs. Neither will amount to more than 30 hours a week, but everyone will have to work at least two jobs to make ends meet.
Goodbye 40 hour work week.
Goodbye quality family time.
Hello more commuting and gas usage.
The Law of Unintended Consequences is a b!tch.
Unexpectedly! Of course...
Wasn’t this company big time for Obama and Obasmcare?
Another reason ZerOcare must be repealed.
This will give the Bolshies an opportunity to holler for single payer.
The CEO of Darden is a huge Obama supporter (he is African-American but he did donate money to McCain as well). He was supporting both parties but switched a majority of his money to Obama when Obama surged in the polls and then won the election.
Supposedly he almost took a job in Obama’s administration. The company just finished ‘catering’ to Michelle Obama’s nutrition policy and now you will eventually have to get parent’s ‘permission’ to order fried at their restaurants.
The company constantly meets with people from D.C. about policies. And Darden is now exempt from the Healthcare law.
******
Michelle Obama said Thursday that a pledge by the Olive Garden and Red Lobster restaurants and their sister chains to serve healthier meals is a “breakthrough moment” for the industry.
Darden Restaurants Inc. is pledging to cut calories and sodium in its meals by 10 percent by 2016, and 20 percent over a decade. Among promised changes for children: no more french fries. A fruit or vegetable side will become standard with kids’ meals. One percent milk also will be served, including free refills, unless an alternative drink is ordered.
“With this new commitment, Darden is doing what no restaurant company has done before,” said the first lady, who joined executives of Orlando, Fla.-based Darden for the announcement at an Olive Garden restaurant in Hyattsville, Md., just outside Washington.
******
Among the waivers recently granted were for employers like Darden Restaurants, which operates the Red Lobster and Olive Garden restaurants, for 34,000 of its workers. Federal officials have granted 111 waivers to employers, insurers and union plans, who are responsible for covering about 1.2 million people.
Darden said the waiver would allow it to offer employees access to affordable coverage as the health care law is started.
http://michellemalkin.com/2011/09/15/a-fun-fact-about-michelle-obamas-chummy-fries-police/