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Presented by: Dee WilliamsNovember 4, 2013
Identifize Consulting, LLC | www.identifizeconsulting.com Twitter: @No1Networker
The New Independent Contractor and Temporary WorkforceA Cultural Integration
About the PresenterDee Williams, Recruitment Trainer and CoachDee founded Identifize Consulting as Principal Recruitment Trainer and Coach in 2011 serving corporate and staffing companies worldwide increasing bottom line revenues to more than $9M in as little as 9 months.
With more than 19-years’ experience within the staffing and recruiting industry, Dee Williams motivates, inspires, trains, and coaches individuals and companies with a fire and passion that keeps them coming back for more!
Connect with Dee:Email: [email protected] Twitter: @No1Networker (15k+ followers)Facebook: https://www.facebook.com/IdentifizeConsulting (11k+ likes)LinkedIn: www.linkedin.com/in/deewilliamsga (30k+ 1st level connections)Web: www.identifizeconsulting.com | www.dee-Williams.com
About Identifize ConsultingIdentifize Consulting is a boutique consulting firm that offers: recruitment training & coaching, executive search, professional resume writing, personal & professional branding, and small business start-up advisory services. Developed based on a vision of replenishing the world's economy, Identifize Consulting’s goal is to unite and educate the minds of the recruiting industry and professional job seekers alike.
www.identifizeconsulting.com 866.432.8801
• The ins and outs of the Affordable Care Act (ACA) and how it may impact your recruiting organization.
• Strategies that you can put in place today to integrate Independent Contractors and Temporary Workers into your organization’s culture.
• Maintaining a positive internal employee culture while enhancing your employer brand for contractors and temporary workers.
• 5 Keys to developing the right partnership with your third-party recruitment firm.
Agenda
The New Independent Contractors and Temporary Workforce: A Cultural Integration
The Ins And Outs Of The Affordable Care Act (ACA) And How It May Impact Your Recruiting Organization
• The Patient Protection and Affordable Care Act (PPACA), commonly called the Affordable Care Act (ACA) or "Obamacare“ was signed into law on March 23rd 2010.
• States cannot be forced to participate in the ACA's Medicaid expansion under penalty of losing their current Medicaid funding (as of September 2013, 25 states and the District of Columbia have adopted the Medicaid expansion.)
• Pre-existing Conditions — An ongoing or past health problem. Currently insurers can use pre-existing conditions to deny or restrict coverage, or charge more. Those practices will be barred by federal law starting Jan. 1, 2014, and insurers will have to accept all applicants (excluding tobacco use).
The Ins And Outs Of The Affordable Care Act (ACA) And How It May Impact Your Recruiting Organization
• Individual Mandate - requires all individuals not covered by an employer sponsored health plan, Medicaid, Medicare or other public insurance programs to secure an approved private-insurance policy or pay a penalty, unless the applicable individual has a financial hardship or is a member of a recognized religious sect exempted by the Internal Revenue Service, effective January 1, 2014.
The Ins And Outs Of The Affordable Care Act (ACA) And How It May Impact Your Recruiting Organization
How the ObamaCare Employer Mandate Will Affect Individuals
If an individual works for a company that doesn't currently provide health insurance to their full-time workers and they work over 28 hours a week they are at the highest risk of having a negative impact from the provision.
Although the "mandate" is meant to help provide this demographic insurance it has backfired with some of America's largest employers and ironically many government institutions. While only a small portion of the companies affected have responded by cutting hours, the American's affected is staggeringly high (6M+).
• Employer Mandate - requires all businesses with over 50 full-time equivalent (FTE) employees provide health insurance for their full-time employees, or pay a per month "Employer Shared Responsibility Payment" on their federal tax return. Delayed one year to January 1, 2015.
The annual employer mandate fee (officially called an Employer Shared Responsibility Payment) is a per employee fee. The annual fee is $2,000 per employee if insurance isn't offered (the first 30 full-time employees are exempt). The annual fee is $3,000 per employee if coverage is unaffordable or doesn't provide minimum value and the employee qualifies for premium savings on the Marketplace.
The Ins And Outs Of The Affordable Care Act (ACA) And How It May Impact Your Recruiting Organization
How to Know if Your Coverage is Affordable
If an employee's share of the premium costs for employee-only coverage (not the entire family) is more than 9.5% of their yearly household income, the coverage is not considered affordable.
Since you typically won't know your employee's household income, you can generally avoid a Shared Responsibility Payment for an employee if the employee's share of the premium for employee-only coverage doesn't exceed 9.5% of their wages for that year as reported on the employee’s W-2 form.
The Affordable Care Act (ACA) And How It May Impact Your Recruiting Organization
96% of all firms in the United States - or 5.8 million out of 6 million total firms - have under 50 employees and Will not Be Penalized for choosing not to provide health coverage to their employees. 96% of those firms already cover full time workers.
That means less than .2% of small businesses (10k out of 6 million) will actually have to provide insurance to full-time employees or pay the shared responsibility fee due to ObamaCare.
The Truth About Who The Employer Mandate Affects
Please Note: Employers with under 50 full-time equivalent employees almost universally benefit from ObamaCare because if a small business has 25 or less full-time employees they can apply for tax breaks of up to 50% (35% for non-profits) of their contribution of their employees premiums starting in 2014.
Insurance must be purchased on the Affordable Insurance Exchange for at least two years.
• Many employees are holding on to employment for health insurance purposes. With the implementation of ACA, it’s a great possibility that we will see an influx of available job opportunities (retirees) and an influx of independent contract workers.
• Increase in staffing for the HIT and Healthcare industries.
• Many employers are shifting temporary workers hours to fewer than 30 hours per week.
The Affordable Care Act (ACA) And How It May Impact Your Recruiting Organization
http://healthcarereformconference.com/certificationregistration.html
Become a Certified Healthcare Reform Specialist
Strategies That You Can Put In Place Today To Integrate Independent Contractors And Temporary Workers Into Your Organization’s Culture
Create a specialized program:
• Two-way internal and external communications.
• R&R = Recognize and Recognition.
• Tracking quality control.
Strategies That You Can Put In Place Today To Integrate Independent Contractors And Temporary Workers Into Your Organization’s Culture
It’s all about the Feedback!
Maintaining A Positive Internal Employee Culture While Enhancing Your Employer Brand For Contractors And Temporary Workers
• To attract the best internal and external talent and who they know.
• Quality of work/Improve ROI.
• Reduce the revolving door - preserve those long-term relationships.
• Become a client of choice.
Maintaining A Positive Internal Employee Culture While Enhancing Your Employer Brand For Contractors And Temporary Workers
Engage With Your 3rd Party Workers…too!Why?
5 Keys To Developing The Right Partnership With Your 3rd Party Recruitment Firm
1. Opening up your company culture and understanding your business.
2. Defining your short and long term company and hiring goals.
3. Budget & requirements transparency.
4. Partnership mentality.
5. Let the expert be the expert and advise/consult.
5 Keys To Developing The Right Partnership With Your 3rd Party Recruitment Firm
Recruitment, Staffing and HR Training & Coachingw w w . i d e n ti fi z e c o n s u l ti n g . c o m
Thank You!
Credits:http://obamacarefacts.com/obamacare-employer-mandate.php
http://www.krem.com/news/consumer/223415631.htmlhttp://en.wikipedia.org/wiki/Provisions_of_the_Patient_Protection_and_Affordable_Care_Act#Effective_January_1.2C_2014
http://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act#State_rejections_of_Medicaid_expansionhttp://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act
