I guess you can call Trader Joe's the Bizarro Starbucks.
In a move many will read way too much into, Dan Bane, the feel good grocery chain's CEO, announced the company would cut its part-time workers a check and shoo them off to the exchanges.
"We believe that with the $500 from Trader Joe's and the tax credits available under the [Affordable Care Act], many of you should be able to obtain health care coverage at very little if any net cost to you," Bane wrote in a staff memo dated Aug. 30 — and as reported by The Hill.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.