A recent Sports Business Journal (www.sportsbusinessjournal.com) article contained quotes from Dick Cass, President of the Baltimore Ravens. In the article, Mr. Cass discussed how the ACA is influencing future hiring decisions of the Ravens (Including Internship opportunities).
Taken from the April 21 – 27, 2014 Issue:
Sports is different from other industries in other ways. Because it benefits from what several executives referred to as a “coolness dividend,” inexperienced workers, including students, have typically been willing to do almost anything in exchange for minimal compensation, just to get a foot in the industry door.
“There’s a history in the sports industry of that,” said Dick Cass, president of the Baltimore Ravens. “There’s a sizzle factor to being employed by an NFL team. They really want to work here. They enjoy working here. It’s a resume-builder from them.”
But now, even though many employees are willing to work without health insurance, they must have it. So the cost of letting someone work all day and night to get that foot in the door just got a lot more expensive. For many teams, that may mean at least a modest restructuring of the workforce. “When your hire an intern, it’s now a much more significant hire than it has ever been,” Cass added. “It’s not just a throwaway hire now that the expense of insuring that person is involved. So we start thinking, ‘Should we hire one experienced person full-time rather than three interns?’ Maybe there’s more value there.”
AGAIN, courtesy of the SPORTS BUSINESS JOURNAL.