Well, that didn’t take long. In the lead-up to this fall’s elections, corporate America took a wait-and-see approach when it came to employment policy. Many businesses put long-term hiring and other labor and employment plans on hold, unsure of how the outcome might alter tax policy, the regulatory landscape, and the fate of President Barack Obama’s controversial Affordable Care Act (ACA).
It was a "choice election," said pundits, and for many employers, the clear choice was Mitt Romney. The GOP candidate promised to fight for right-to-work legislation, waive state requirements under "Obamacare," and remove what he said were "crippling" uncertainties that prevented businesses from hiring.
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