ACA Blues: Labor Finders Can Help
• Labor Finders: Best of Staffing Diamond Award winner (2010-2014)
• Labor Finders: Top Provider of Temporary Industrial Staffing
• Labor Finders: Offers a No-Nonsense Guarantee
• Labor Finders: Respect, Appreciation and Safety
January 15, 2015 // Franchising.com // PALM BEACH GARDENS, FL - The Patient Protection and Affordable Care Act (ACA) is the most sweeping health care legislation in decades and will have a dramatic effect on many employers in the United States. Labor Finders International has implemented a fully compliant ACA program to assist its clients.
Companies deemed "large employers", defined as companies with 100 or more full-time or full-time equivalent employees, would be subject to new "employer shared responsibility" ("pay" or "play"). Employers that do not offer "minimal essential coverage to at least 70% of full-time employees and their dependent children under age 26 will be assessed a monthly excise tax of $167 (up to $2000 annually) multiplied by the number of the employer’s full-time employees (excluding the first 80). Employers that do offer minimal essential coverage will not subject to excise taxes unless the plan either is deemed "unaffordable" to employees or does not provide "minimal value". In such cases, the employer will be assessed a monthly excise tax of $250 (up to $3000 annually) for any employee who qualifies for a government subsidy to buy coverage in a public health insurance exchange.
Jonathan Klorfein, CSP, Director of Client Services of Labor Finders International weighed in on one of the most dramatic legislations in decades, "Let Labor Finders take away your ACA Blues. In order for us to meet the complex details of this legislation, Labor Finders has implemented a fully compliant ACA program. We strongly support compliance with the ACA and are committed to the legal and ethical management of our workforces pursuant to the law’s provisions, in letter and spirit."
About Labor Finders International
Since 1975 Labor Finders International, Inc., a franchise company is the country’s oldest and largest privately held industrial labor staffing company in the United States. For five consecutive years (2010, 2011, 2012, 2013 and 2014), Labor Finders has received top honors in Inavero’s Best of Staffing Client competition, presented by CareerBuilder; giving Labor Finders the exclusive Diamond Award. Labor Finders operates almost 200 offices nationwide with a strong tradition of leadership as the country’s top name and resource in the business of temporary industrial staffing recently ranked number 41 in the Staffing Industry Analysts (SIA) prestigious 2014 Largest Staffing and Talent Engagement Firms annual list for the United States. Labor Finders is a proud member of the American Staffing Association (ASA).
Labor Finders strength comes from the commitment of locally operated staffing offices that consistently satisfy their customers, while demonstrating their core values everyday: Respect, Appreciation and Safety. The mission is simple: treat temporary employees and customers fairly.
SOURCE Labor Finders International
Labor Finders International, Inc.