Recent

% | $
Quotes you view appear here for quick access.

Corning Inc. Message Board

  • gfo99 gfo99 Aug 30, 2013 8:17 AM Flag

    Relax, just go to Starbucks for a moral uplift.

     

    Starbucks CEO Howard Schultz told Reuters on Monday that the company has no intent of cutting back the hours of its workers in anticipation of the implementation of the Affordable Care Act (Obamacare). He said,

    "Other companies have announced that they won't provide coverage for spouses; others are lobbying for the cut-off to be at 40 hours. But Starbucks will continue maintaining benefits for partners and won't use the new law as excuse to cut benefits or lower benefits for its workers," Schultz said in a telephone interview. [Source]

    The Affordable Care Act states that companies with 50 employees are more must offer health insurance to employees who work 30 or more hours a week. Starbucks’ business lends itself to many part time employees. It would be easy for them to loophole themselves out of the law. They have decided to continue doing the right thing. After-all, Starbucks provides health insurance to all their employees who work 20 or more hours per week.

    For the most part, Starbucks have been a socially responsible corporation. Baristas are eager to tell their customers about the humaneness and the moral responsible stances taken by the company. Starbucks states at their site that

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • What fools these mortals be! Stockholders must be estatic that they pay entry level people excessively and put the company in the position of supporting the abyss called Obummercare.
      I never did like Starrucks coffee, give me Bruggers.

 
GLW
18.75+0.12(+0.64%)12:47 PMEDT