Uncertainty is a common theme among employers this year thanks, in part, to new technologies, an unpredictable Trump administration and a web of new compliance standards on every government level, according to an annual survey from the law firm Littler Mendelson.
The survey, which queries more than 1,200 U.S. employers, including in-house counsel, human resources professionals and executives, found that whatever change is to come in Washington has created “unprecedented” uncertainty in the workplace.
This sixth annual survey was conducted by the firm, which boasts one of the largest labor and employment practices in the country.
“With the profound changes in Washington, D.C., it may be initially surprising that respondents do not anticipate more of a near-term impact on their businesses,” Michael Lotito, co-chairman of Littler's Workplace Policy Institute, said. “However, given the general climate of uncertainty and delays in appointments to government agencies, employers likely expect it to take time before they start to see how the president's agenda is carried out and personally feel an impact in their workplaces.”
Here are five of the findings from the 2017 survey that might be causing employers to feel uncertain:
#1: Washington and the Trump administration
Employers expect a lot from the new Republican leader. So far, expectations are tempered.
They hope to see reformed health care, employee benefits law and immigration policies in 2017.
As far as regulations put in place under the Obama administration, employers are less optimistic that there will be quick change, including with the Affordable Care Act (85% in 2016 to 83% in 2017), enforcement by the Equal Employment Opportunity Commission (78% to 76%), National Labor Relations Board (56% to 55%) and Department of Labor (82% to 81%).
#2: Compliance challenges
Labor and employment requirements are popping up at the state and local levels throughout the country, creating a fragmented landscape when it comes to paid leave mandates, background checks and minimum wage increases, the survey found.
About 80% of the respondents said this has become a problem. Internal audits, new trainings and updated policies are common.
#3: Confusion over health care
Even with Republicans controlling the White House and Congress, more than a quarter of employers surveyed were uncertain about what would happen with the Affordable Care Act's employer mandate.
Another 28% said they expected no change or impact. Only 4% of respondents anticipate dropping coverage for some full-time employees if they are relieved of the ACA's employer mandate, but 18% said they would allow more employees to work more than 30 hours a week.
#4: EEOC expectations
Survey respondents believe that there will be an increase in discrimination claims over the next year. The reasons they cite vary: because of hiring practices (51%), LGBT rights (46 percent) and equal pay (46%).
#5: Breaches on the brain
Data breaches that stem from employees is a concern to 63% of respondents and has sparked HR and IT departments to work on new security policies.
More than half said new employees are receiving new training and some (29%) say they are using “cyber-incident response plans” and updating employee contracts to cover confidentiality obligations (23%).
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 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.
