When it comes to recruiting new employees, businesses are often mindful of how payroll and worker status affects the way federal remittance for taxes and benefits will play out. In response to federal healthcare laws, some companies have altered their upcoming hiring plans, while others try to transition more full-time employees to part-timers.
According to a report from The Wall Street Journal, some companies may conduct major alterations on upcoming hiring drives in order to save money. Pillar Hotels and Resorts, a subsidiary of Sheraton, will be looking for part-time associates in the coming year for many of its departments, as opposed to full-time placement, due to increased costs per worker for mandatory healthcare benefits.
The increased impact of these expenses will make a difference in the kind of positions offered, but two-thirds of businesses in the U.S. will continue with their strategies as planned. A study by Adecco showed that most executives are about as worried now as they were before the recession about affording expanding payroll and associated expenses, indicating that the employment figures should continue to remain on track despite the healthcare laws.