Last night was a historic night indeed. No matter what side you’re on, the passing of the Health Care Reform Act changes the game in ways that most think they understand. I firmly believe most don’t.
If you’re an employer, I know you’re nervous about the implications, and your seeking advice before you make a move (as so you should). If you’re an employee, you’re hoping this helps you, but you really can’t tell as of yet. (and that creates more anxiety than you had before its passage). So what is one to do? Right now, the answer might be the worst of all possible outcomes,…nothing! That’s correct, nothing, and here’s why…
If I employ people, I have no idea what that employee will cost me today or in the future. No matter what’s in the press…No One knows! If you’re looking for work and need a job that’s not good news because even if someone needs your services, they are not going to hire quickly, nor hire by chance, period! To make this point clearer think of it this way. If a building was on fire and you needed a fireman, logic dictates you’ll hire the first one who applies so that the fire can be subdued as quickly as possible. Save the building first, worry about the rest second. That’s not what you’ll find as of today. It will be more to the effect of, Do we really need that building after all? Does it make sense to pay for all that equipment to save it, or the man power to contain it? What are our liabilities for letting it burn in comparison to paying personnel that expands the payroll to fight it? All the while, the building continues to burn, maybe to the point where any decision no longer matters. Sounds crazy doesn’t it? However…Is it really that far off from reality? Think about it.