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How Does The ACA Affect Your Business?

Kavaliro has compiled a white paper to inform businesses and individuals about the implications of the highly debated Affordable Care Act (ACA). As a small business, Kavaliro feels the prudent responsibility to share the white paper because many businesses still remain in the dark about how it may affect them. Whether you have an opinion on the legislation or not, company policies will inevitably change over the upcoming years as the ACA is fully-implemented. The hiring landscape will now look different as employers begin to strategically look at their full-time, part-time and contractor hires.

As of 2015, it is required that all employers with 50 or more full-time equivalent (FTE) employees be offered medical coverage. A FTE employee is defined as someone who works an average of 30 hours per week or 130 hours in a month.  This new established requirement is causing employers to ask many questions: Why is this of such concern for many business owners? Why are many businesses considering reducing part-time employees’ hours to less than 30? How can your business begin preparing for the changes associated with the ACA in 2015?

Employers and employees alike will be affected and it’s essential to know how this will restructure the business and how to prepare for implementation. In order to shed light on the ACA, Kavaliro’s white paper looks to illuminate answers for the queries many business owners are having.

To read the white paper in its entirety, please click here.

Kavaliro Employment Agency has offices in Tampa, Fla., Charlotte, N.C., Orlando, Fla., Washington, D.C., and Jacksonville, Fla. and can make sure you find the right people for this important role. We are ready and waiting to help you anytime and look forward to hearing from you. 

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