(Bloomberg Politics) — Tensions between Staples and President Obama reignited this week when the president slammed the store for reportedly limiting hours over the health care law. But this week's dust up was nothing compared to the 2012 election, when Staples was a symbol of the Mitt Romney economy: a Bain Capital success story, but also proof that trickle-down economics doesn't lead to decent pay for workers. 

BuzzFeed reported Monday that the company was threatening to write up or fire employees who worked over 25 hours a week, according to several employees. A Staples spokesman told BuzzFeed that the policy had been in place over a decade and was not tied to Obamacare's employer mandate, but last year the company sent out a memo on the "new policy" effective Jan. 4, 2014. Obamacare's employer mandate requires companies to pay for health care for employees who work at least 30 hours a week, or pay a fine.

During his interview with BuzzFeed editor-in-chief Ben Smith on Tuesday, Obama defended the Affordable Care Act and laid into companies like Staples.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.