Posts Tagged ‘employer mandate’

The incremental cost of that 51st employee …

August 30, 2012

Of course, I’ve been thinking about entrepreneurs and small businesses recently.

And, the obvious suddenly became evident to me: Under ObamaCare, the incremental cost of a small company’s 51st employee is ENORMOUS.

Think restaurants … paying a bunch of workers minimum wage with few or no benefits.

Today, employee #51 costs the business about $20,000 annually (2,000 hours @ $10 per hour).

Under ObamaCare, that added bus boy costs $122,000 … his $20,000 plus the $2,000 per employee tax penalty on the business for not giving employees health insurance.

That’s a lot money for a bus boy.

Guess employees #1 to #50 are just going to have to work harder.

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