The pandemic has disrupted ways of working and accelerated changes for many businesses. Change is coming on many fronts, involving issues from pay and benefits transparency and diversity standards to remote working, artificial intelligence and non-competes. In this report, we identify top trends impacting US employers and share our predictions for 2022. You can also read our global employment law trends report and country by country reviews for 40 jurisdictions across EMEA, Asia Pacific and the Americas here.
1. Flexibility is key when it comes to talent
Flexibility is becoming more critical in a growing number of areas – worker mobility, work schedules, work location, benefits, etc.; however, challenges abound for employers seeking to meet employee demand for more flexible and agile arrangements. Remote work raises a host of challenges, from expense reimbursement to working time and data security – and that’s assuming guardrails are in place to manage employees who want to work from a different jurisdiction altogether. Transforming benefits and rewards, including highly regulated programs, to accommodate variety and give employees a choice about how they are rewarded requires careful planning.
Notwithstanding challenges, more employers are considering how to maximize choice and personalize offerings within organizational and regulatory frameworks. Some employers are waiving usual 90-day waiting periods for health coverage, thinking of new ways to get flex dollars into...
The SEC is accusing a Florida fund manager of pocketing seven times his allowed fees and misrepresenting investment holdings to mislead investors. In a complaint filed in the Middle District of Fl...