No matter where you get your news, it’s obvious that we’re in the throes of a leadership crisis -- or three or five. President Trump’s head-scratching “surrender summit” in Helsinki with Russian President Vladimir Putin sent shockwaves across the globe. Meanwhile, British Prime Minister Theresa May faced her biggest political setback as David Davis, the key Brexit negotiator, abruptly resigned because he could no longer, in good faith, go along with the exit strategy. And of course, Uber[...]
President Trump campaigned on a lot of issues, but at the core of all his fiery rhetoric was a promise that every policy would, somehow, serve to strengthen American labor. His immigration bans, his retreat from NAFTA, and even his dubious, ill-fated attempts to repeal the Affordable Care Act were all pledges designed to stir support from the vanishing middle-class workforce. Repeal and replace efforts have stalled or failed at every step. So conservative lawmakers are taking one last stab, manifested as the Graham-Cassidy healthcare bill, which analysts say will “cause massive upheaval and sow uncertainty in insurance markets.” Here’s the thing. Without a healthy workforce, no business will attain its goals. Even the short-terms gains of saving on benefits costs will compound in substantial long-term losses. As Sunil wrote on September 14, we need a new social contract for talent in this gig economy. Healthcare is a vital aspect of that. Let’s look at how we can overcome the challenges.
No matter where you stand on the political spectrum, you must recognize that the provisions and entitlements under the Affordable Care Act (ACA) will change over the next few years. Since January, the new U.S. administration and its supporters in Congress have pledged to “repeal and replace” the landmark healthcare legislation. This has left insurers, subscribers and businesses confused about the future outcome. For contingent workforce leaders, the already complicated issue could become even muddier. Some may see the elimination of the mandates as a boon to the bottom line. Others may worry about the welfare of talent covered under ACA. There’s one very important topic that’s often ignored in the debate. Although we may not readily associate health insurance with diversity, the reality is that repealing the law could severely impact the LGBTQ professionals in our workforce.
President-elect Donald Trump hosted his first press conference in 167 days on Wednesday morning. On the issue of business and talent, Mr. Trump discussed plans that may increase the power of the gig economy -- and which some workers fear could lead to reduced stability. However, David Weil, Obama’s former wage enforcer at the U.S. Department of Labor, believes the sharing economy can work equitably for everyone involved. Let’s look at some of Weil’s ideas and see how the staffing industry can aid in the success and proper guidance.