PEOChat - PEO Article Discussion
Health Care Law will limit job growth
Article Title: Health Care Law will limit job growth - Source: Cape Cod Times - 5/20/2010
Massachusetts business owners and CPAs discuss impacts of state and federal health care credits and laws on their business plans. - It's hard to say how these time-consuming new calculations and credits will affect job creation, with the possible exception of government workers and accountants. Fifteen years ago, the average number of employees in a small business was 17; now it's 10. But recently, a "Cape Cod Commission" effect has come into play with more businesses choosing to stay at nine employees to avoid triggering all these expenses, reporting and paperwork, and simply leasing workers if more help is needed. It's worth noting that many employee leasing companies simply choose to pay the penalty rather than try to comply with the government reporting requirements.
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