Roughly 17 percent of service sector firms and roughly 21 percent of manufacturers said they were reducing the number of workers in response to the ACA, according to the Empire State Manufacturing Survey and the Business Leaders Survey.
The survey included about 100 executives in the manufacturing sector and roughly 150 executives in the services sector in New York State, Northern New Jersey and Fairfield County, Conn., earlier in August, according to The Wall Street Journal.
Here are five other survey findings.
1. Only 15 percent of service sector firms and roughly 13 percent of manufacturers said they were increasing the proportion of part-time workers.
2. Roughly 15 percent of service sector firms and roughly 18 percent of manufacturers said they were increasing the amount of work outsourced to other firms.
3. Most respondents in both surveys also said wage and salary compensation and other benefits were not being affected by the ACA, though more respondents said they were being cut than raised.
4. Less than a third of manufacturers and 21 percent of service sector panelists said they were raising the prices they charge to customers.
5. Additionally, when survey respondents were asked whether they were changing their health plans in response to the ACA, roughly two in five respondents—in both the manufacturing and service sector surveys—said they were not.
More articles on leadership and management:
Hillary Clinton says she’ll ‘take up the charge’ against cancer
8 Hillary Clinton quotes on healthcare — ‘I want you to understand why I am fighting so hard for the Affordable Care Act’
Consulting powerhouses ECG Management Consultants and Kurt Salmon’s healthcare division join forces
