Many people think that The Affordable Care Act, Obamacare, is for large employers only. HRInsights is here to tell you that that notion is not entirely true. All part-time worker hours, regardless of number of bodies working, in one month divided by 120 (30 hours every 4 weeks) is equal to the number of full-time equivalents (FTE’s) in your organization. If you have at least 50 full-time employees and/or FTE’s in your organization, pay attention to the chart below. If you have less than 50 full-time employees and/or FTE’s but already provide health benefits, you could be eligible for tax credits.
What we’re really trying to say is … read the chart below (click to enlarge).
