With the gig economy and contingent workers representing fast-moving areas in employment law, businesses will need to ensure related risks are properly mitigated.
Inclusion and diversity will remain a top priority for organisations. Employers will look for detailed legal advice and data analytics to understand pay gaps, such as gender and ethnicity, within their organisation. As a result, they will be able to effectively communicate to employees, and take appropriate steps to address any inequalities they identify.
As business becomes increasingly global, legal teams will be able to show their value by seamlessly managing the movement of staff across the world.
Pension schemes will continue to come under increasing scrutiny from regulators and legislation, as well as costs pressures. Legal teams will help trustees take practical steps, particularly contingency planning, to mitigate risk and ensure that pension schemes are prepared for the future.
New IR35 tax rules will come into force in April 2020, as will other legislation changes intended to benefit individuals with diverse working patterns. Organisations that prepare for these changes in advance will see a smoother transition process.