for part-timers $60 is a killer. many work two or three part-time jobs and for each they often have to pay union dues and benefits co-payments as well as having FICA, unemployment and all the wonderful income taxes as though each part-time job was the only one they have. this results in them paying 1.5 times as much FICA and federal taxes than someone with a full-time job. They can claim the overpayments in their tax return but not having it in their weekly pay is painful.
employer pays unemployment taxes & withholdings for part-time will depend on if they filled out the w4 correctly.
I was just informed today that all part time employees at Sherwin Williams will no longer be allowed to work over 28 hours a week due to the coverage requirements in ObamaCare. I feel bad for the part time employees that I work with because even thought Sherwin Williams pays well "10.00 to start part time" They all will be losing 4-6 hours a week.
I also think that it is fucked up that Sherwin Williams does not offer any type of benefit program for the part time employees, the posted a 1.5 BILLION dollar profit last year and their stock goes up daily. Our store does about 1.6 million a year with a 27% profit margin. How much could it really cost to offer the part time employees a basic benefit package??
Hey now, don't you go telling Sherwin Williams how to spend its billions in profits! They should be allowed to utterly and completely fuck whoever they want to save a few bucks.
I mean, imagine a world where the company doesn't make $2B in profits in 2012 but $1.5B due to many more employees being covered with health insurance.
That type of world....where hard-working, low-wage earning people....get adequate insurance?