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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

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    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Business

    “WHICH FEDERAL LAW OR POLICY AREA(S) WILL SIGNIFICANTLY AFFECT YOUR JOB UNDER THE NEW ADMINISTRATION?”

    “WHICH FEDERAL LAW OR POLICY AREA(S) WILL SIGNIFICANTLY AFFECT YOUR JOB UNDER THE NEW ADMINISTRATION?”

    Published by Gbaf News

    Posted on January 27, 2017

    Featured image for article about Business

    According to Philippe Weiss, Esq., Managing Director of Seyfarth Shaw at Work:

    • The most common answer was the possible implementation of Trade Tariffs. Thirty-eight percent (38%) of those polled feared that the imposition of tariffs by the new administration might reduce available markets. Responders included managers and employees at companies that either trade internationally or supply other businesses that do so.
    • Coming-in at a close second, Deregulation was cited by 37% of those surveyed as a significant workplace impactor – but with an approximately 50/50 split in opinion (generally along manager vs. employee lines) regarding whether the impact would actually be negative or positive. Employees surveyed often felt that less federal oversight would lessen or damage workers’ rights. Many managers, by contrast, anticipated time or money savings as a result of reduced federal fines, regulatory hoops, litigation and red tape.
    • On the “positives” side, 30% of responders felt that the administration’s goal of increased Infrastructure Spending would (at least initially) boost business opportunities and further lower unemployment.
    • Similarly, 22% of those surveyed expressed hope that the negotiation of more beneficial Trade Deals or terms would enable more jobs to remain in or return to the USA.
    • Finally, Immigration Limits were cited by 20% of those polled as very likely to impact jobs and workplaces – both in good and in not-so-good ways, reflecting an approximately 50/50 split along manager vs. employee lines. Employees felt that more jobs and opportunities would be made available to them. On the other hand, supervisors/bosses tended to fear a brain-drain placing them at a competitive disadvantage if individuals with technical expertise are denied entry/visa extensions or are deterred from coming to work in the USA.

    infographic

    According to Philippe Weiss, Esq., Managing Director of Seyfarth Shaw at Work:

    • The most common answer was the possible implementation of Trade Tariffs. Thirty-eight percent (38%) of those polled feared that the imposition of tariffs by the new administration might reduce available markets. Responders included managers and employees at companies that either trade internationally or supply other businesses that do so.
    • Coming-in at a close second, Deregulation was cited by 37% of those surveyed as a significant workplace impactor – but with an approximately 50/50 split in opinion (generally along manager vs. employee lines) regarding whether the impact would actually be negative or positive. Employees surveyed often felt that less federal oversight would lessen or damage workers’ rights. Many managers, by contrast, anticipated time or money savings as a result of reduced federal fines, regulatory hoops, litigation and red tape.
    • On the “positives” side, 30% of responders felt that the administration’s goal of increased Infrastructure Spending would (at least initially) boost business opportunities and further lower unemployment.
    • Similarly, 22% of those surveyed expressed hope that the negotiation of more beneficial Trade Deals or terms would enable more jobs to remain in or return to the USA.
    • Finally, Immigration Limits were cited by 20% of those polled as very likely to impact jobs and workplaces – both in good and in not-so-good ways, reflecting an approximately 50/50 split along manager vs. employee lines. Employees felt that more jobs and opportunities would be made available to them. On the other hand, supervisors/bosses tended to fear a brain-drain placing them at a competitive disadvantage if individuals with technical expertise are denied entry/visa extensions or are deterred from coming to work in the USA.

    infographic

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