Organizations are already grappling with an uncertain legislative and regulatory landscape. And as the New Year gets closer, possible changes to federal and state human resources and health compliance laws are looming large.
There's uncertainty around potential changes to health care systems, tax regulation and employment law, as well as the constant vigil that's under way to see what decisions the incoming Trump administration will make – and their impact. Clearly, it's still too early to know exactly what will change or to what extent. But there are certain laws and regulations that appear destined to be altered. That includes the Affordable Care Act (ACA), the revised Employer Information Report (EEO-1) and related pay equity regulations, the federal tax code, retirement plans, and the Fair Labor Standards Act (FLSA).
While we're all waiting to see how changes to these business-critical regulations may impact us, here are six considerations to keep in mind:
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