Ohio society of CPAs opposes mandated sick leave
POSITION UPDATE
For More Information contact:
Amy Johnson
E-mail: ajohnson@ohio-cpa.com
614.764.2727, ext. 341
Passage of ballot issue could put Ohio at a competitive disadvantage
Read FAQs and answers about the proposed Ohio Healthy Families Act
(COLUMBUS, April 23, 2008) - The Ohio Society of CPAs is opposing the proposed Healthy Families Act, citing the issue as an anti-competitive initiative wrapped in ambiguous ballot language.
The proposal would require Ohio employers with 25 or more employees to provide a minimum of seven paid sick days for all full-time employees and paid time off for part-time employees. Under the proposal’s language, full-time is defined as 30 hours per week. It also prohibits the reduction of existing benefits in order to comply with the new mandate, placing substantial financial and administrative burdens on employers. Ohio would be the first state in the country to adopt mandatory paid sick leave; currently the only jurisdiction with mandatory sick leave is the city of San Francisco.
When discussing the sick leave issues, Jim Haubrock, Chair of the Executive Board of The Ohio Society of CPAs, commented that “Coming on the heels of passage of the 2006 minimum wage amendment, this is a step backward that could make it even harder for Ohio to overcome current economic difficulties and will negatively affect the state’s ability to attract new business.”
“States we compete with to recruit and retain employers could use this as an economic development tool,” Haubrock said. “Given our current economic state, many businesses are already operating under a slim profit margin. Rather than helping employees, this proposed mandate may force employers to cut workers’ hours, downsize employees, or simply go out of business.”
# # #
The Ohio Society of CPAs, established in 1908, represents more than 24,000 CPAs in business, education, government and public accounting. The Ohio Society’s members not only meet statutory and regulatory requirements as CPAs, but also embrace the highest standards of professional and ethical performance. This is achieved through ongoing professional education, comprehensive quality review and compliance with a strict Code of Professional Conduct.
More 2008 News Releases
- CPAs introduce students to the rewards of investing and saving on Accounting for Kids® Day
- (COLUMBUS, OH – November 5, 2008) – On Nov. 12, CPAs and volunteers across Ohio will head into the classroom to introduce elementary students to real world investing and savings principles during Accounting for Kids® Day.
- Ohio Auditor of State Mary Taylor, CPA, to teach Copley-Fairlawn Middle School students on Accounting for Kids® Day
- (Columbus, OH – Nov. 10, 2008) – On Wednesday, more than 200 sixth graders at Copley-Fairlawn Middle School in the Akron suburb of Copley will learn real-world investment concepts from Auditor of State Mary Taylor and other certified public...
- Business leaders urge Ohio Supreme Court to keep tax reform package in place
- (COLUMBUS, OH - Oct. 17, 2008) - Warning that Ohio's widely acclaimed tax reform package would be undermined and Ohio's competitiveness compromised, business leaders from across the state urged the Ohio Supreme Court today to hear a case that...
- The Ohio Society of CPAs honors Ohio’s Most Influential CPAs
- (COLUMBUS, OH – October 6, 2008) – Several CPAs have been named among Ohio’s Most Influential CPAs, an award which recognizes CPAs who have had a significant, positive influence on the growth and development of the CPA profession and The Ohio...
- Ohio CPAs offer tips for couples when merging their money
- (COLUMBUS, OH – July 21, 2008) – With wedding season in full swing, it’s important for couples to discuss their post-nuptial financial lives before anyone says, “I do.”
- Ohio Society of CPAs advises parents not to let “Boomerang Kids” derail their financial goals
- (COLUMBUS, OH – July 10, 2008) – Watching your child graduate from college is an exciting time for you both as you imagine what the future holds.
- Ohio Society of CPAs presents Quilter with 2008 Public Service Award
- (COLUMBUS, OH - June 16, 2008) - Michael C. Quilter, CLU, LTCP, CPA, with New York Life Insurance Company in London, was awarded The Ohio Society of CPAs 2008 Public Service Award June 12 at The Society’s Annual Meeting in Columbus.
- Roberts named Outstanding Member Volunteer by The Ohio Society of CPAs
- (COLUMBUS, OH – June 16, 2008) – The Ohio Society of CPAs has named Glenn A. Roberts, CPA, as the organization’s 2008 Outstanding Member Volunteer.
- Adams awarded top member award from The Ohio Society of CPAs
- (COLUMBUS, OH - June 16, 2008) – Allyn R. Adams, CPA, retired partner at Deloitte & Touche in Cleveland, has been awarded The Ohio Society of CPAs’ 2008 Gold Medal for Meritorious Service to the Accounting Profession, the Society’s highest...
- Ohio Society of CPAs offers the gift of financial advice for new graduates entering the workforce
- (COLUMBUS, OH – May 21, 2008) – This month, thousands of college graduates will shed their caps and gowns to join the ranks of America’s working professionals.
LAST UPDATED 4/23/2008