August 29, 2018
As we head into the first midterm elections of the Trump era, and as a break in the Congressional logjam looks increasingly unlikely, potential Democrat control of one or more houses of Congress will shape many—if not most—of the issues on our agenda.
Should Democrats gain control of the House, ideas not too long ago considered far-left, such as a single-payer health care system, jobs for all, and universal basic income, may get their day in the sun.
Back to the future: Attempts to lock in the employment relationship, such as California's new ABC employment test, will continue to proliferate in many states. Meanwhile, California's new data privacy law reflects increasing efforts by legislators at the state and local levels that could introduce a whole new level of workplace regulation.
Executive compensation issues continue to churn: Newly issued IRS guidance on the tax deductibility of executive compensation, intense political focus on share buybacks, and an upcoming SEC Roundtable on the proxy process show that the latter half of 2018 will be an exciting time—for better or for worse—on the executive compensation front.
Workplace regulation issues dominated by gender equity concerns: Regardless of which party controls Congress, sexual harassment and gender pay equity issues will continue to generate policymaker attention at the state and local level, if not in Congress.