Worried About ACA Penalties? Consider A Variable Staffing Solution
Protect your employees and your bottom line with variable staffing
The Patient Protection and Affordable Care Act took full effect in 2014, subjecting employers to penalties if they do not offer affordable health coverage that provides a minimum level of coverage to their full-time employees. Many construction companies are finding that the cost-effective alternative is to turn to a construction staffing company for staffing solutions that could help them avoid penalties and reign in their healthcare costs. Construction Labor Contractors has some tips on how a variable staffing solution can help you protect your companies bottom line.
Protecting against overtime protects against penalties
Though your company may offer employer-provided coverage for your full-time employees, you aren’t required to offer the same coverage to part time employees. However, a common problem many construction companies are faced with is overtime hours. If part time employees work more than 30 hours a week the company opens itself up to penalties by not offering benefits.
Variable labor staffing strategies can relieve this worry in two ways. First, having access to a variety of skilled labor can mean completing your project adequately staffed and avoiding overtime hours.
In addition, temporary skilled labors are considered employees on the staffing agency rather than employees of your construction company. Many construction staffing agencies such as CLC offer their workers benefits. This not only allows agencies to attract the most highly skilled laborers, but also offers construction companies a reprieve from penalties.
The Affordable Care Act will continue to impact every construction company, but partnering with a reputable labor staffing agency like Construction Labor Contractors can help your company best prepare for these penalties and any other changes to come.
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