IGC

View Original

Executive Actions: What They Mean for Your Workplace

Presidential executive orders are making headlines, but what do they really mean for businesses? Understanding these actions helps leaders avoid regulatory changes, compliance shifts, and potential business impacts.

Three Key Types of Executive Actions

1️⃣ Executive Orders (EOs) – Legally binding directives that impact federal agencies and policies. These can shape workplace regulations, government contracting, and industry compliance.

  • Example: The 2021 EO raising the federal contractor minimum wage.

2️⃣ Executive Memoranda – Less formal than EOs but still influential, guiding agencies on policy enforcement and funding priorities.

  • Example: The DACA memo (2012) allowing certain undocumented individuals to remain in the U.S.

3️⃣ Presidential Proclamations – Can be symbolic (e.g., National Women’s History Month) or substantive (e.g., the Emancipation Proclamation). Some impact trade, immigration, and public health policies.

Why It Matters to Your Organization

  • Regulatory Impact – Federal contractors must comply with EOs on hiring, wages, and workplace protections.

  • Industry Shifts – Changes in labor laws, environmental policies, and trade regulations can affect operations.

  • Legal Challenges – Not all executive actions hold up in court; some are overturned or modified.

Navigating Executive Actions Like a Pro

Stay Informed – Monitor updates from the Federal Register and White House.
Assess Risks – Work with legal teams to evaluate compliance needs.
Adapt Policies – Adjust business strategies based on policy shifts.
Engage in Advocacy – Join industry groups to help shape policy discussions.

Executive actions shape the business landscape in real-time. By staying informed and proactive, your organization can turn these policy changes into opportunities rather than obstacles.

Questions? IGC is here to provide nonpartisan insights on how government actions affect your workplace.