If an employee works 20 hours in Week 1, 25 hours in Week 2, and 30 hours in Week 3, then the employee works a variable number of hours per week.
Due to potentially damaging rules in PPACA, avoiding discrimination must be at the forefront of every employer’s mind when deciding on the proper health plan.
How to calculate the full-time employee equivalency using the following formula and examples.
Examining the options currently on the market for employers to consider for their health plan in 2015 and beyond. These options can be blended.
The “A” tax is assessed on applicable large employers who fail to offer minimum essential coverage to at least 95% of their full-time employees. The “B” tax is assessed on applicable large employers who offer minimum coverage, but at least one full-time employee elects a state exchange plan instead.
PPACA requires knowing how to classify your employees between full-time, part-time, seasonal, and more. This article covers those definitions.
Under PPACA, some employers are required to first provide health care coverage to their employees, and then ensure this coverage meets a certain standard.