Polling firm Public Opinion Strategies working with the IFA and the U.S. Chamber of Commerce, polled the owners/executives of C-level (CEO-types) executives of franchise and non-franchise businesses employing between 40 and 500 people. These businesses employ over 42 million people, which is more than one out of every four jobs in America in the country.
The results of the survey signal a bad economy is ahead:
- Thirty-one percent (31%) of franchise and 12% of non-franchise businesses have already reduced worker hours because of the health care law.
- Twenty-seven percent (27%) of franchise and 12% of non-franchise businesses have already replaced full-time workers with part-time employees because of the health care law.
- Sixty-four percent (64%) of business decision-makers in franchise-owned businesses and 53% of non-franchise-owned businesses believe the Affordable Care Act (ACA) will have a negative impact on their businesses.
- Twenty-eight percent (28%) of franchise and non-franchise businesses surveyed report that the employer mandate will mean they will drop coverage for their employees.
The full survey is embedded below: