Our firm has provided general perspectives on what employers can expect under the next Trump administration – but we are delving into core issues and opportunities for tech employers. Everyone expects President Trump and his new leadership team to create a friendlier administrative and regulatory environment for businesses as a whole. But what initiatives can tech employers expect to specifically impact their industry?
1. Independent Contractor Classifications
The gig economy is a cornerstone of the tech industry, with many companies relying heavily on independent contractors and freelancers. The Trump administration has historically supported policies that make it easier for businesses to classify workers as contractors rather than employees. This could mean fewer legal obligations to provide benefits like healthcare, paid leave, and retirement contributions to workers.
2. Wage and Hour Regulations
Wage and hour laws, including those governing overtime pay, could see a less aggressive Department of Labor. For the tech industry, where long work hours are common – especially in coding, development, and IT roles – this could lead to significant changes in how you compensate employees.
3. Workplace Safety and Remote Work Standards
Tech companies have broadly embraced hybrid and remote work models, a trend accelerated by the pandemic. In line with this trend, workplace safety regulations under a Trump administration could see reduced enforcement, which may include safety and/or ergonomics-related regulations in remote workspaces.
4. Unionization and Worker Advocacy
The tech industry has seen a rise in unionization efforts, particularly among contract workers and employees at large tech firms – and these efforts have impacted tech companies of all sizes. The Trump administration’s employer-friendly stance could make it easier for employers to challenge collective bargaining efforts.
5. Immigration and H-1B Visa Policies
The tech industry relies heavily on skilled foreign workers, with H-1B visas playing a critical role in filling talent gaps. Under the Trump administration, visa programs may face increased restrictions, higher costs, and stricter eligibility requirements.
6. Diversity, Equity, and Inclusion (DEI) Policies
The Trump administration has previously emphasized merit-based hiring over utilization of diversity and equity-focused initiatives. However, the EEOC recently published a report discussing the need for more diversity in the tech industry. While federal pressure for DEI programs may ease, tech companies will still face public and market expectations to create and maintain inclusive workplaces.
