President Biden's fiscal year 2024 budget includes plans that would impact employers, such as an employee leave program.
The budget is a blueprint of what the president would like to see accomplished; it proposes changes. Whether any of those changes will be realized depends upon many variables, including the makeup of Congress.
While the chances of these concepts being completed is slim, employers should keep an eye on them, as they inspire conversations that can promote them.
Employers need not hit the panic button yet, as these are somewhat of a wish list, but they should keep an eye open for any progress these initiatives might see.
Key to Remember: The budget is a blueprint of what the president would like to see accomplished. Whether any of those changes will be realized depends on many factors. Employers should, however, keep an eye on the proposals.
This article was written by Darlene M. Clabault, SHRM-CP, PHR, CLMS, of J. J. Keller & Associates, Inc. The content of these news items, in whole or in part, MAY NOT be copied into any other uses without consulting the originator of the content.
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