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Three Ways a Biden Administration Could Impact Businesses
1reports1reporting sources2022-06-29Update
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Businesses should monitor labor regulations and independent contractor classification changes, which could affect employment costs and compliance strategies, especially for companies relying on contract workers.
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6月29日
- SAP Concur BlogThree Ways a Biden Administration Could Impact Businesses
A SAP Concur blog post analyzes three areas where a Biden administration could impact businesses: infrastructure spending, a more active Labor Department, and a re-examination of independent contractor rules. It notes the Democrat-controlled House passed a $1.5 trillion infrastructure bill, while Republicans previously proposed a $1.7 trillion version. The Labor Department may raise the overtime salary threshold to about $47,000 and strengthen enforcement by OSHA, EEOC, and NLRB.