Corporate America Fighting Back
I am glad to see businesses taking my advice. The only way to counter destructive policy is to make its consequences tangible to reduce demand for them.
President Obama's election victory ensured his Affordable Care Act would remain the centerpiece of his first term in power - but that has left some business owners baulking at the extra cost Obamcare will bring.
Florida based restaurant boss John Metz, who runs approximately 40 Denny's and owns the Hurricane Grill & Wings franchise has decided to offset that by adding a five percent surcharge to customers' bills and will reduce his employees' hours.Here was my advice way back.
The remedy is to link bad policy with its consequences immediately so that cause and effect are undeniably associated, and the ultimate damage to the franchise is avoided. With several bad policies on the wishlist of our left-wing controlled government, here are a few strategic moves that managements should consider if these policies become the law of the land.
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Universal Healthcare - Take the increased costs out of cash wages and show the numbers to all of your employees. Stuff a leaflet in every paycheck that says, "Universal healthcare mandates costs us $X per employee over our previous healthcare arrangements, thus your cash wages have been reduced or your potential raise been scaled back by an equivalent amount. Please note you are earning the same but your compensation comes more in the form of healthcare than cash remuneration."
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