Posts Tagged ‘Department Of Labor’
AI Executive Order Issued by Biden Administration
On October 30, 2023, the Biden administration issued its highly anticipated AI Executive Order (EO) on artificial intelligence (AI). Focused on creating a framework for “responsible AI”, the EO expands on the Blueprint for an AI Bill of Rights. Key elements covered in its scope include safety, privacy, equity and civil rights, healthcare and education,…
Read MoreIllinois SB 1480 Equal Pay Law Takes Effect Next Month
First signed into law on March 23, 2021, Illinois SB 1480 and the amended SB 1487 create sweeping new pay equity requirements for employees of the prairie state. SB 1480 amends several laws already in place, including the state’s Equal Pay Act, the Illinois Business Corporation Act, and the Illinois Human Rights Act. Importantly, Illinois…
Read MoreWOTC Program Reauthorized and Extended Through 2025
Earlier this year the federal Work Opportunity Tax Credit (WOTC) program received an extension through December 31, 2025. The Consolidated Appropriation Act, 2021 (CAA) reauthorized the WOTC program and ensures that employers administering the program will continue to be able to earn up to $9,600 per qualified candidate. Also included in the CAA are extensions…
Read MoreGovernments, Investors, & Litigators Are Focusing More on ESG
Companies need to know that governments, investors, and litigators are making environmental, social, and governance (ESG) criteria a priority. As a result, it won’t be enough for companies to simply claim they’re ESG-friendly; they’ll have to have mechanisms in place to prove it, or potentially face serious consequences. Governments First, let’s look at government efforts.…
Read MoreDEI & Your Investments: Biden Takes Action on Day One
3 minute read On day one of the new Biden-Harris Administration, among a flurry of executive orders, President Biden ordered the review of a controversial Department of Labor rule heldover from the previous administration. The “Financial Factors in Selecting Plan Investments” rule (the ESG rule) repudiates a current investment trend known as ESG: environment, social,…
Read MoreThe Impact of Executive Order 13950 on DEI&A Initiatives
2 minute read On September 22, 2020, President Trump issued Executive Order 13950, “to promote economy and efficiency in Federal contracting to promote unity in the Federal workforce, and to combat offensive and anti-American race and sex stereotyping and scapegoating.” On its face, the executive order seems to be an effort to further discourage discriminatory…
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