Thursday, October 3, 2013

Trader Joe's, Part-Time Workers, Obamacare

Trader Joe's To Drop Health Coverage For Part-Time Workers Under Obamacare: Memo: "While the stakes for workers aren't clear, the benefits to Trader Joe's under the new arrangement are obvious. The implementation of Obamacare provides an opportune moment for the company to get in line with less generous competitors, and the savings the company finds in dropping coverage for part-timers will almost certainly outstrip the $500 it will give employees to defray what they end up paying on the exchanges."

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