Thursday, June 20, 2013

Obamacare Is Turning Walmart Workers Into Temps - Forbes

Obamacare Is Turning Walmart Workers Into Temps - Forbes

Walmart was a proponent of Obamacare and its increasingly clear why, the retailer is shifting health care costs and responsibility to the state. It’s creepy move that has a lot of people upset, but it’s not illegal.
But it very well could backfire.
I don’t cover healthcare, but I know retail. Benefits and pay are moving targets and payroll gets manipulated depending on the weather (as weather actually impacts sales). In 2005, Walmart was pressured to provide health benefits to part-time workers and its closest competitor Target TGT -0.01% quickly followed suit.
Recovery?

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