Minneapolis, MN (PRWEB) February 27, 2013
Atterro Human Capital Group, owner of Pro Staff, Digital People, Hunter Hamilton and Ware Technology Services, announces its decision to offer affordable health insurance coverage to its eligible temporary workers, in response to the Affordable Care Act (ACA) beginning in 2014. Atterro has taken a proactive approach to understanding the ACA through extensive analysis and has come to appreciate both the challenges and the opportunities that the Act presents to the staffing industry.
How ACA affects employers
The most significant regulations of the ACA are scheduled to take effect in January, 2014. The implementation of ACA can seem daunting to many employers seeking to understand and ultimately comply with the complexity of the law. Given the unique nature of the staffing industry, staffing employers, such as Atterro, will need to pay particular attention to the ACA requirements that relate to “pay or play” rules, “look-back” definitions, determining full-time status, identifying variable-hour employees, etc.
As it stands today, while many traditional staffing companies offer their eligible temporary workers a limited-medical or “mini-med” plan, the majority of these firms do not offer a major medical insurance option to these workers. However, beginning in 2014, firms with more than 50 full-time employees will need to decide whether to offer coverage that provides “minimum essential coverage” and is considered affordable to eligible temporary workers, or face paying tax penalties.
“It’s always been our focus to work with the best companies and to attract top talent. The Affordable Care Act allows us to provide additional benefits that will continue to set Atterro apart as a company people want to be associated with,” states Clay Morel, president and CEO of Atterro Human Capital Group. “For us, it was an obvious decision. By offering insurance, we are staying true to our dual mission: to be a great place for our talent to work and to provide a quality service to our clients.”
Why businesses should care about Atterro’s decision
According to the National Center for Policy Analysis (NCPA), some employers will hire temporary or part-time workers to avoid the cost of providing health insurance. If wages and salaries remain fairly constant, but the cost of health care and retirement benefits grows, employers will be more likely to engage a temporary worker from a staffing agency. This gives an employer the flexibility to staff for demand, while avoiding the cost of having a permanent employee.
Atterro Human Capital Group offers interim staffing, search and SmartSourcing services to local, regional and national customers. Atterro’s experienced industry professionals utilize the latest research, recruiting technology and assessment tools to serve clients through its four specialty brands—Digital People Creative, Interactive, Marketing and IT, Hunter Hamilton Finance and Accounting, Pro Staff Administrative and Light Industrial, and Ware Technology Services for Engineering. Visit http://www.atterro.com.
Atterro Human Capital Group
651 Nicollet Mall, Suite 525
Minneapolis, MN 55402