KRCG-MO: Missouri Grocery Store May Cut Back on Hiring, 401(K)s Due to ObamaCare
‘We may now replace somebody as a part-time employee’
Missouri Grocery Store To Cut Hours and 401K Due To Obamacare (Washington Free Beacon)
The detrimental effects of Obamacare continue to increase. Steven Hermann, operator of Paul’s Supermarkets, appeared on behalf of the National Grocers Association before Congress to testify about the damages Obamacare will incur on his business.
Hermann says that the Obamacare stipulation that employees working 30 or more hours (considered full time workers under Obamacare) is forcing his company to adjust their hiring habits.
His business will not be able to hire employees that could provide them with full time working hours and might have to eliminate their “great” 401k plan, put in place by his father in the 1990s.
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