Wage and hour, employee classification and Obamacare regulations are transforming the nature of employment, argues Coyote. And in a development that will surprise few of those who watch this area, it’s been another record year for federal wage and hour lawsuits [Insurance Journal]
2 Comments
I’m reminded of the Bernie Sanders types who campaign for reducing the size of banks (through ATT-style divestiture?) but support regulations such as Frank-Dodd whose costs incentivize bank mergers, as these costs serve as a regressive “tax” on smaller banks.
In the case of Obamacare, it has reduced the size of businesses in some instances.
I know of a company that had 54 employees, which was promptly reduced to under 50 so that they would not be forced to provide mandatory health care.