What this means for businesses
The US Department of Labor announced today a series of planned regulatory measures, he said, are designed to ensure the well-being of workers and employers with regard to economic aid, wages, climate change and racial equity. Also included are proposals to “remove obstacles to the protection and strengthening of economic security and workers’ civil rights that the previous administration put in place”.
The ministry said that “previous regulations are also being proposed for withdrawal due to their deleterious effects on the lives of workers, including a rule on labor standards in apprenticeship.
According to the ministry, regulatory protections include:
The full biannual program of the Ministry of Labor is available at twww.reginfo.gov.
Julio González, CEO and founder of Engineering tax services said today’s announcement “means[s] no more government regulations. The announcement includes rising artificial labor rates which are a complete disaster for any small business owner, especially after the pandemic, when all businesses are simply trying to recover and reopen. Our top priority right now should be to help our businesses reopen and fully recover. “
He recommended that business leaders “… work with their local chambers to push for an end to these extremely harmful regulations. If you are not at the table, you are on the table and it starts with being active. .
Increased monitoring and enforcement
Adam kemper is a labor and employment lawyer and partner at The Kelley Kronenberg law. He observed that “Labor Secretary Walsh has made it known that the protection of workers is a major objective of this administration. So when paired with proper DOL funding, business leaders need to be prepared for increased oversight and enforcement from DOL in general and after other initiatives come into effect. “Worker-centric” in the coming days.
“Business owners should therefore stay in touch with their employment counselor in order to keep abreast of any changes impacting their respective industries and also in order to comply with the latest applicable laws and guidelines in the workplace. job. In addition, nothing prevents an employer from now taking proactive “worker-centered” measures in areas such as increasing wages, granting voluntary leave for sick or mental health days and appropriate training in security areas, ”he said.
How to respond to the increase in the minimum wage
Jordan Lowry is the Chief Operating Officer of Resumoo, a CV writing service. He said: “Responding to a minimum wage increase is precarious at best. Along with the increase in pay comes an increase in payroll taxes and (in some states) unemployment premiums. Not responding, however, could be more costly if trained employees flee to work other jobs that offer better wages, benefits, and job mobility.
Take stock now
He advised that “business leaders should take stock now of the value they place on their workers, especially those earning between 100% and 300% of the minimum wage. How important is it that these jobs remain staffed with well-trained employees? How much will it cost to replace them continually? It may be worth it to start titrating up to $ 15.00 / hour. Those still on the fence may also want to consider the lens: do they want to be known as a business owner who only offers minimum wage?
The year to come
Kate bally is the director of the labor and employment service Thomson Reuters Practice Law. She said: “Over the next year, the Ministry of Labor will review existing regulations, promulgate and publish future regulations to achieve these goals.”
Monitor future announcements
Since the ministry “has yet to announce even a framework for these new regulations, and because the area in which they focus is narrow, employers have little to do at this time.” However, employers should monitor all future DOL announcements on this topic. In particular, employers with federal contracts and those whose employees are paid by tips should be prepared to pivot in the coming year as details of the regulations are announced. “