Starbucks Won't Cut Worker Hours, Benefits Ahead Of Obamacare: CEO

Starbucks CEO Takes Firm Obamacare Stance

NEW YORK (Reuters) - Starbucks Coffee Co

"Other companies have announced that they won't provide coverage for spouses; others are lobbying for the cut-off to be at 40 hours. But Starbucks will continue maintaining benefits for partners and won't use the new law as an excuse to cut benefits or lower benefits for its workers," Schultz said in a telephone interview.

The 2010 healthcare reform law, often called Obamacare, requires companies with more than 50 employees to offer health insurance for employees who work 30 hours a week or more. Starbucks currently provides healthcare to part-timers who work 20 hours a week or more.

Last week, United Parcel Service Inc

According to a survey released in March by consultant Towers Watson

Last week, Reuters reported that some businesses are keeping staffing numbers below 50 or cutting the work week to less than 30 hours to avoid providing employee health insurance.

(Reporting By Atossa Araxia Abrahamian; Editing by David Gregorio)

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