Tag: Biden Administration

Biden Admin Issuing Salary Rules to Eliminate Gender, Racial Gaps

On January 29, 2024, the Biden administration announced two new measures aimed at eliminating gender and racial gaps in average earnings among employees of the federal government and federal contractors.  Details First, the Biden administration has directed the Office of Personnel Management (OPM) to issue a final rule prohibiting the use of nonfederal salary history […]

What to Expect from the EEOC in 2024

In 2023, the Equal Employment Opportunity Commission (EEOC) finally received its full slate of commissioners with three Democrats (Chair Charlotte Burrows, Vice Chair Jocelyn Samuels, and Commissioner Kalpana Kotagal) and two Republicans (Commissioners Andrea Lucas and Keith Sonderling). In addition, the EEOC now has a confirmed general counsel for the first time since 2021. Employers […]

Biden Administration Expands Overtime Eligibility

In a significant move that promises to reshape the U.S. labor landscape, the Biden administration has proposed a new rule intended to extend overtime pay eligibility to an additional 3.6 million workers. It’s a proposal the marks the most substantial increase in such provisions in recent decades and revives an initiative from the Obama era. […]

What Impact Will the Loosened ESG Restrictions Have on Retirement Investments?

The Biden administration recently pulled back some investing restrictions companies were tied to. Now, businesses can look at the environmental and social implications of investing in a particular fund, choosing whether to put money into areas such as fossil fuel production. Environmental, social, and governance (ESG) investing means looking at how companies behave and how […]

Biden Administration Takes a Close Look at Gig Economy

The so-called “gig economy,” in which workers are hired for specific, one-off, temporary, or seasonal jobs as opposed to long-term, permanent employment, has provided a great deal of benefit and flexibility to both employers and gig workers. Rather than traditional employment relationships in which workers might work a 40-hour week for a single employer, gig […]