MPL General Counsel Corner – Alphabet Soup has made a comeback again.

As we roll into 2022, there are a lot of acronyms (ESG, DEI, LGBTQ+…and so on) that are flying around in organizations.  What does all this mean for the business or organization leader?  A lot has to do with HR and governance.  HR, in particular, will be a hot spot for companies as they come out of the Covid lull and move back towards “normalcy”.  Below are some insightful articles which I think would be helpful to review:

• The No. 1 ESG issue for Americans isn’t climate change (cnbc.com)
• HR Challenges (And Solutions) For 2022 (thehrdigest.com)
• 2022 workplace trends: What HR needs to know – and do – now | HR Morning

So, what are you as a leader supposed to do with all these changes and the alphabet soup of acronyms that are swirling around?  More importantly, who do you talk to about them?  I would suggest looking to industry trade groups in your market, professional advisors (legal, HR) and possibly other leaders to find the solutions.  You are not alone and the answers are out there.  You just need to keep asking questions.  The cost of doing nothing could be catastrophic to your organization.

Here are some other items of interest:

• Does Your Company Qualify for the Federal R&D Credit? (taxwarriors.com)
• Economic Review & Investment Strategy | Q1 2022 – Silvercrest (silvercrestgroup.com) (thanks to Sean O’Dowd for sharing)
• January Supply Chain Update – Myers Building Product Specialists (myersbps.com) (thanks to Bob Wood for sharing)
• 2022 Compensation Trends for SMB – Inc.com
• What Does Economic Recovery Look Like for PA’s Small Businesses – 2/7 event (11am-1pm) in Harrisburg hosted by the NFIB

Helpful Coronavirus Resource Pages

• EisnerAmper Coronavirus Hub
• NFIB Small Business Resources in Response to Coronavirus
• RKL Coronavirus Resource Page
• Trout CPA Covid-19 Resources
• The Tax Warriors Covid-19 Tax Resource Center

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As always, please don’t hesitate to email myself (jsanders@mpl-law.com), Andy Miller (amiller@mpl-law.com), Christian Miller (cmiller@mpl-law.com), Erik Spurlin (espurlin@mpl-law.com) or anyone in our office with questions or comments