Applebee's under fire for franchise owner's remarks on health law
LA-Orange County Small Business Think Tank - #SmallBizSoCal by Dell's Official Flickr Page
License (according to Flickr): Attribution License
License (according to Flickr): Attribution License
The restaurant chain Applebee's is one of the latest companies to come under fire for grim predictions relating to President Obama's health care law, after one of its franchise owners suggested he'll have to stop hiring or cut workers' hours because of the law. Apple-Metro CEO Zane Tankel said Friday on the Fox Business Network that the new rule requiring businesses with over 50 employees to provide health insurance or pay fines will "in a best-case scenario... only shrink the labor force minimally." "We've calculated it will be some millions of dollars across our system," said Tankel, who runs 40 Applebee's franchises, each with between 80 and 300 employees. "So what does that say? That says we won't build more restaurants, we won't hire more people -- exactly the opposite effect" of what Mr. Obama intended.
People:
Zane Tankel
Overall Sentiment: 0.0887641
Relevance: 0.753784
| Sentiment | Quote |
|---|---|
| 0.205472 | Zane Tankel said Friday on the Fox Business Network that the new rule requiring businesses with over 50 employees to provide health insurance or pay fines will "in a best-case scenario... only shrink the labor force minimally." |
| 0 | "We've calculated it will be some millions of dollars across our system," said Tankel, ... |
| 0.173582 | "If it's possible to do without cutting people back, I'm delighted to do it," Tankel said. ... |
| 0.073648 | "If it's possible to do without cutting people back, I'm delighted to do it," Tankel said. "But that also rolls back expansion, it rolls back hiring more people." |
| Sentiment Stats: |
|
Applebee
Overall Sentiment: -0.210246
Relevance: 0.498842
President Obama
Overall Sentiment: 0.0597123
Relevance: 0.431729
Mike Archer
Overall Sentiment: 0.217059
Relevance: 0.361488
| Sentiment | Quote |
|---|---|
| 0.134134 | Mike Archer to release a statement saying that Tankel's remarks "were not the views or opinions of either Applebee's or other franchisees, although we respect his right to speak freely as an American." |
| 0.286518 | "Our franchisees will comply fully with the law and take every measure possible to continue doing right by their employees -- the lifeblood of their businesses," Archer said. ... |
| Sentiment Stats: |
|
Disambiguation: References:
Papa John
Overall Sentiment: 0.159801
Relevance: 0.255582
Disambiguation: MusicalArtistReferences:
John Schnatter
Overall Sentiment: 0.301305
Relevance: 0.230497
Disambiguation: BoardMember | CompanyFounder | CompanyShareholderReferences:
Key:
- Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
- The Mean is meant to be an indicator of an individual's average comment sentiment.
- The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).
Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.
Additional Info:
Organization: Health and Human Services Department
Overall Sentiment: 0.248885
Relevance: 0.394449
Organization: Small Business Health Options Program
Overall Sentiment: 0.0174819
Relevance: 0.324258
Site Tags Details
Source : Applebee's under fire for franchise owner's remarks on health law
URL Provided Keywords:
Webpage Provided Title:
Provided Desc:
URL Provided Keywords:
- dpst healthcare
Webpage Provided Title:
Applebee's under fire for franchise owner's remarks on health law
Provided Desc:
Few firms will be hit with new health care requirement, but Applebee's franchise owner says the new rule will hurt business
No comments:
Post a Comment