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How will the 2024 elections impact your work? Changes to expect at work

How will the 2024 elections impact your work? Changes to expect at work

The 2024 elections could bring major changes to your workplace, whether you’re in human resources, a team leader, or an employee. Both Donald Trump and Kamala Harris have very different approaches to labor laws, unions, diversity programs and workplace technology. These changes may have a direct impact on you. So here’s what you can expect and what you can do to stay ahead of the game.

What impact will the elections have on labor law?

If Trump wins: Expect fewer regulations. Companies may have more flexibility in how they classify employees (think freelancers versus full-time staff). For gig workers, this may mean changes to their benefits or employment status. It is therefore important to stay informed.

If Harris wins: Stronger protections for workers could come into play, including a higher minimum wage and expanded family leave. While this may bring more benefits for you, businesses may need time to adapt, so changes may not happen immediately.

Something to consider: When California introduced new gig worker laws, companies like Uber and Lyft had to rethink how their workers were classified. You might see similar changes in your own business, depending on how the election plays out.

How will elections affect union influence?

If Trump wins: Union activity could decline, especially if fewer regulations are put in place to support union organizing. This might mean less pressure to unionize, but companies will still need to focus on employee satisfaction to avoid workplace problems.

If Harris wins: Expect more union influence. This could lead to stronger job protection, particularly if you work in a unionized sector. You may see more negotiations over salaries, benefits and working conditions.

Something to consider: Companies like Amazon have faced increasing pressure from workers to unionize, particularly during management changes. Depending on the election results, you might see more or fewer attempts like this in your own workplace.

How will the election impact diversity, equity and inclusion (DEI) programs?

If Trump wins: DEI initiatives may receive less government support, but most companies will likely continue these programs. DEI is a key factor in attracting top talent. So you can expect companies to remain committed to equity and inclusion, even without regulatory pressure.

If Harris wins: There could be stronger government oversight over DEI programs. Pay equity, anti-discrimination and diversity policies may become more visible, and companies may have to follow stricter reporting and transparency guidelines.

Something to consider: When Starbucks faced backlash over its handling of diversity issues, the company responded by doubling down on DEI efforts. Regardless of policy changes, many businesses will take similar steps to protect their brand and reputation.

How will the election influence AI and technology in the workplace?

If Trump wins: With fewer regulations on AI, companies could adopt the technology more quickly to streamline recruiting and performance management. While this can lead to greater efficiency, it’s essential to understand how AI can impact your work and how decisions are made.

If Harris wins: Expect stricter regulations around AI, including around fairness and bias prevention. You may see more transparency in how AI tools are used to make hiring, promotion, and performance decisions.

Something to consider: Large companies like IBM and Google were the first to adopt AI in their HR practices. Depending on how the election goes, your business could follow suit, either with more freedom or under stricter oversight.

What can you do to prepare for changes after the 2024 election?

  • Stay informed: Monitor changes in labor laws, benefits, and workplace technology that may directly affect your role.
  • Engage with your workplace: Be part of the conversation. If you see changes coming that affect you, speak up and ask questions.
  • Advocate for fairness: From ensuring fair pay to ensuring AI is used responsibly, be a voice for fairness in your workplace.
  • Stay flexible: Depending on the outcome of the elections, things could change quickly. Be prepared to adapt to new technologies, policies or work environments.

What can HR and organizations do to prepare for changes after the 2024 election?

  • Stay proactive: HR departments should begin assessing the impact of labor laws, union activity, and DEI regulations on their hiring practices, benefits packages, and employee engagement.
  • Audit DEI and AI practices: Regular audits of DEI initiatives and AI tools will help ensure compliance with potential new regulations and ensure fair and transparent processes.
  • Improve employee engagement: With changes in benefits or workplace regulations on the horizon, it is crucial to maintain open communication with employees to address concerns and minimize disruption.