The Department of Labor focuses on creating better working environments for all employees by improving working conditions, protecting retirement and health care benefits, and strengthening collective bargaining. It administers numerous labor laws affecting credit unions from safe work environment to minimum wage and overtime. Under DOL, the Occupational Safety and Health Administration regulates safety and health conditions in most of the public and private sectors. A while back, at the end of the Clinton administration, there was heated debate between credit unions and other employers and OSHA over costly ergonomics rules. President George W. Bush stayed the rule and it was amended more favorably for employers. Workplace fatalities have been halved and work-related injury and illness has declined 40% since OSHA came into existence in 1971.
Department of Labor
Want the latest credit union news?
Sign up for our free newsletter today! All the breaking credit union news and information you need to make the right decision for your credit union delivered to your inbox. For free!
Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!