Fringe Benefit Group Executive VP of Government Markets Quoted in Bloomberg Article on Construction Industry Rebound
Fringe Benefit Group’s Executive Vice President of Government Markets, Adam Bonsky, was quoted in a recent article on Bloomberg.com regarding positive trends in the construction industry.
In the article, Bonsky explains that complying with provisions of the Affordable Care Act is one issue causing concern for contractors as they consider hiring more employees. Penalties for failure to comply with the ACA begin January 1, 2014 for employers with at least 50 FTEs.
And while Congress was able to come to an agreement and avoid going over “the fiscal cliff”, the deal did not address sequestration. Uncertainty over upcoming federal spending cuts is a concern for government contractors.
Read the entire article here.