December 8, 2017

DEC 9 STAFFLINK BLOG – GOVERNMENT SHUTDOWN AVOIDED – TAX BILL MOVES FORWARD – CVS BID TO AETNA – FUTURE OF WORK

This Week: Banking | Budget | Taxes | Merger | Trends | Technology

StaffLink’s Week Ending December 8 Highlights:  Congress averted a government shutdown late yesterday (for now), we learned that several banking apps had security flaws, and both houses passed their version of the tax bill. Also this week, CVS announced its intentions to buy Aetna, a move that signals a new trend in U.S. healthcare delivery. Staying on top of future trends in technology and employment, we found McKinsey’s report on the future of work and Forbes’ coverage of tech trends for 2018 to be worthy of note.

Congresses gives itself a temporary reprieve.

Congress moves government shutdown deadline two weeks later CNN reported Thursday evening. Thursday was the last day that Congress could pass the continuing resolution that permits the short-term funding needed to keep the government up and running. This reprieve is a short-lived one. Congress will still need to approve a spending budget by December 22.

The tax bill starts to take shape.

With both the House and Senate having passed their versions of the tax bill, we can finally get an idea of what might be included in the final version. Stephen Miller offers an excellent summary of the employment-related deduction and credit provisions in each version of the bill in his article, Senate Passage of Tax Bill Signals Benefit Changes–But Which Ones?, written for SHRM.

Will things ever be the same?

CVS Health Corp. recently announced its intention to purchase health insurer Aetna, Inc. This merger would combine one of the largest providers of prescription medications with one of the largest providers of health insurance, a trend that portends major changes in U.S. healthcare delivery. Will this affect employer-sponsored healthcare benefits? Some experts think it could. SHRM’s Stephen Miller tells us more in CVS-Aetna Merger Could Change How Employers Buy Health Benefits.

The future is definitely going to be different.

Predicting big changes for much of the workforce, the McKinsey Global Institute released its publication, What the future of work will mean for jobs, skills and wages, in November. While McKinsey analysts believe there will still be jobs for workers in 2030, they may need to make some major adjustments to their skill sets be able to perform the work.

Also making predictions for the future is Bernard Marr. Marr is the author of the book Big Data and a regular Forbes contributor. In 9 Technology Mega Trends that Will Change the World In 2018 he gives Forbes readers the scoop on what’s to come in the new year.

Think you’ve got mad recruitment skills? Check this out:

HOW TO RECRUIT – The recruiting effort of police officers has taken another step with this recruitment video from New Zealand – voted as one of the world’s best this week.