Preview

Part Time Recession Research Paper

Good Essays
Open Document
Open Document
266 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Part Time Recession Research Paper
Part-Time Recession

It was not too long ago when only 13.5% of U.S employees were part-timers. According to the U.S Department of Labor, the number of part-time employees has increased to a peak 20.1% in 2010. The Department of Labor defines “part-time” as working 25 hours or less per week and defines “full-time” as working between 32-40 hours per week. The increase of part-time jobs has become a popular trend. A slow economic recovery from the 2007 recession has caused an increase in part-time jobs. Therefore, depriving Americans of health benefits, job security and high earnings. The rise of part-time jobs in the U.S has caused a decrease in employee health benefits. Employers have decreased full-time employment positions in favor

You May Also Find These Documents Helpful

  • Satisfactory Essays

    I chose the article titled, “A Benefit Evolution” by Rita Pyrillis dated October 1 2014. The web URL is http://www.workforce.com/articles/20790-health-care-benefit-evolution . The article is has two subjects. It starts off discussing how health care is an employee’s most valued benefit, yet most employees rarely use their benefits. The second part of the article discusses the evolution of benefits and how they are rapidly changing by changing coverage levels, changing plan choices, or even drop coverage for part time employees. “Companies are looking for new ways to highlight aspects of their ethos and benefits are one of the ways that highlight how an employer values…

    • 167 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Bussiness Com Paper

    • 4396 Words
    • 18 Pages

    References: Schwartz, J (2004, September 5). Always on the job, employees pay with health. The New York Times. Retrieved from http://www.nytimes.com…

    • 4396 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Hr 599 Benefits

    • 887 Words
    • 4 Pages

    I choose article related to How US health care reform will affect employee benefits. This article analyses the economic impact of these benefits. There are certain benefits which have been mandated by the government which an employer must provide to its employees. When employers become more aware of the new economic and social incentives embedded in the law and of the option to restructure benefits beyond dropping or keeping them, many will make dramatic changes. Some of these benefits have been mandated to ensure that an employee’s future and wellbeing is secured even though the employer does not provide any other benefits to him/her. This article analyses the reasons behind the choices the government has made. It also takes a look at the efficiency of these programs. Economists…

    • 887 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Health care accounts for nearly 18% of the GDP in the United States of America. Rising health care costs, malpractice suits, costly procedures, and caring for the elderly are contributing factors in the costs of health care. The Affordable Care Act (ACA), otherwise known as “Obamacare,” was signed into law on March 23, 2010 by President Barack Obama and is designed to help uninsured Americans afford insurance and to help reduce health care costs. The ACA will have a tremendous impact on the GDP both negatively and positively. A negative impact can be directly to working Americans who may have their hours cut to part-time if they work in the restaurant or retail sectors. To save money and not have to offer health care insurance to employees some large companies have stated that they will move their workforce to part-time employment. A positive impact will be cost savings to Americans who think they are trapped in their current job and are working for the health care benefits. With the ability to purchase their own health care plan, the individual may feel freer to move to a different position or company with financial benefits to his or her personal economy. When people have more money, they spend more money. In addition, with provisions for Americans with disabilities who may not have been able to move off government assistance…

    • 1034 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Healthcare today is a very important issue. Lack of health insurance can affect the health and productivity of workers. Many people today do not have health insurance. Employment-based health insurance is in high demand to retain employees. The high healthcare costs make it hard for employers to offer employees quality health plans. The premiums for employers are increasing so they are forced to opt for cost-saving health insurance plans. Consumer-driven health plans are on the rise and have become an option for many employers.…

    • 1094 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    These uninsured people reported that the costs of health insurance is a major barrier. Most Americans get health insurance coverage through an employer, but not all workers are offered this coverage. The number of uninsured people has increased throughout most of the past decade due to decreasing employer sponsored insurance coverage and rising health care coast. A good example to this situation would be the people that are unemployed or those that earn minimum wage.…

    • 527 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Our goal for absenteeism was to decrease it from 498 to 120 by quarter 8 by maintaining high morale and offering health benefits to keep employees healthy. We also planned to keep our accident rate low in order to reduce absenteeism. We decided to focus the fringe benefits we offered on health benefits. We thought this strategy would work because we felt that absenteeism was caused by three factors: employee sick days (health), employee injury claims (accident rate), and willingness to come into work (morale). Although we did indeed maintain high employee morale, we could have offered more generous health benefits and safety and accident prevention training. Instead, we offered an additional vacation/personal/sick day to employees in quarter 1 which may have led to increased absenteeism. After quarter 8 our absenteeism was 283 days, the worst in the industry by a great deal. Our accident rate was also the worst, reinforcing our theory that the accident rate is tied to absenteeism. We had offered health insurance with lower deductibles, dental care and legal services, and term life insurance and eye care. We think that if we had offered a more generous health insurance plan along with a prescription drug plan, as well as invested more money into safety and accident prevention training, absenteeism would have been much lower.…

    • 524 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The failure of the HMO style of healthcare has led people and companies to look for better solutions for their healthcare needs. In 1988, the bulk of the insured population had conventional health insurance. Today, many private insurance companies provide a version of healthcare that reduces costs for companies providing health care to their employees. The HRA account style of insurance allows for employers to provide employees with a portion of the insurance deductible. Although the deductibles are much higher now, employees have more control over their insurance benefits. Once people have an understanding of how much money they have to spend and how much services cost, they are less…

    • 673 Words
    • 3 Pages
    Good Essays
  • Good Essays

    With the unemployment rate at a high, this means there is also an increase in uninsured individuals resulting in affected health outcomes (Taube,…

    • 815 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Another interesting fact is the disparity of affected younger workers. Out of Two Million workers, 1.7 million of those are 55 and older and only 300,000 are ages 25-55. This is a huge gap leaving many unable to establish or set up stable lifetime expected earnings due to fewer job opportunities. The hard cold fact is that once this law comes into effect, many businesses will make the choice to move more full time workers to part time positions. This will skew the unemployment numbers giving a more hire numbers yet not telling the story of underemployed Americans further hurting the growth of the United States Economy. As of January 2012 as much as over 8 million people are working part time because they could not find Full-Time positions. This new Health care lay plan will increase those numbers making the problem worse.(Furchtgott-Roth, Diana, 2012)…

    • 479 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Obama Care Research Paper

    • 1400 Words
    • 6 Pages

    As one fellow middle aged employee at a large chain retailer stated approximately one month age that her small wages disqualify her for local assistance programs but are inadequate to allow her to afford the cost of insurance. Despite her financial concerns, two days ago she said that she had signed up for insurance through our employer and that her doctor was scheduling long put off treatment and tests for when it takes effect. Despite her reported financial worries, she appears relieved to soon be able to access much needed health care; however, even having health insurance does not guarantee that Americans will be able to afford the follow up care required to maintain an adequate quality of…

    • 1400 Words
    • 6 Pages
    Good Essays
  • Good Essays

    The last tipping point to cover here is the 2010 Patient Protection and Affordable Care Act. The intent of the act is to ensure that quality health care is accessible and affordable to all citizens. Various segments of the act were created to address all sectors of the population, including Medicaid expansion for the poorest and the Health Care Exchange for the low and middle class working. This act has been a burden to some employers due to the imposition of monetary penalties if equal and affordable healthcare is not available through…

    • 407 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Obamacare Current Event

    • 405 Words
    • 2 Pages

    The article talks about “What was sold to the American people as the greatest reform of the U.S. healthcare system in our history is turning out to be the biggest contributing factor destroying the greatest economy in the history of the planet.” In addition the article is talking about how employers are being forced to cut full time people and make them part time. Also it talks about how that it is not the employers fault it is just that some corporations just have to many employees to where they cannot afford to insure everyone so that being said many employers are cutting people from full time to part time which is better than laying people off and keeping less employees and provide them with health insurance.…

    • 405 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Rising Health Care Costs

    • 814 Words
    • 4 Pages

    One of the biggest problems small employers face today is the steadily rising costs of health coverage for its employees. This paper covers how health care premiums have risen in double digits for the past five consecutive years, how many small businesses are forced to drop health care coverage for their employees because of the out of control costs, and what small businesses are doing to control the costs and still offer health care coverage to their employees.…

    • 814 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The cost of health care in the United States is also costing American jobs. To avoid hefty insurance premiums, American businesses have moved offices out of the States.…

    • 1588 Words
    • 7 Pages
    Powerful Essays