Employment Compliance Obligations Under the Trump Administration

With the election of Donald Trump as President, we were very optimistic that community banks would no longer experience new and demanding employment compliance obligations. Fortunately, since the Inauguration, we have not seen new employment related burdens imposed by federal laws or regulations.

With that said, during the campaign and since the election, the Administration and Congressional Leaders have discussed significant federal regulatory relief for the industry, including in the employment area. This session is intended to brief human resource professionals regarding specifically where we have seen regulatory relief and where anticipated changes have not been realized.

We have also seen this year significant federal litigation which adversely impacts community banks. Several very recent court decisions, including those impacting overtime compensation obligations, have made things more difficult for the industry.

This presentation specifically addresses employment compliance obligations extending to community banks from federal laws, regulations and courts. In light of increased activity at the state and local government level, we will also discuss emerging obligations of an employment character from those governmental entities.

Highlights:

  • What is the status of the federal overtime exemption litigation and how will that likely impact community banks?
  • What is the status of the Trump Administration’s efforts to implement new overtime exemption standards?
  • What is the status of the Trump Administration’s efforts to reverse the new EEO-1 form currently due In the first quarter of 2018?
  • Where do we stand with Mortgage Lenders, Consumer Lenders, and Underwriters from an exemption perspective, given the recent and adverse Provident Bank decision?
  • What are the trends arising from state and local employment obligations increasingly impacting community banks?
  • What Obama Administration orders, regulations, and directives are still expected to be reversed?
  • How should community banks plan for employment compliance efforts in calendar year 2018?

Who Should Attend?

HR, senior leaders, compliance, audit and bank counsel.


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