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For example, there was one designed specifically for essential workers — which you called healthcare heroes — early on during COVID-19.

Regulation Development A memo titled “Regulatory Freeze Pending Review” laid out the following orders to all executive departments and agencies: ;“Do not propose or issue any rule in any manner, including by sending a rule to the Office of the Federal Register [OFR], until a department or agency head appointed or designated by the President after noon on January 20, 2025, reviews and approves the rule. … The director or acting director of the [OMB] may exempt any rule that he deems necessary to address emergency situations or other urgent circumstances, including rules subject to statutory or judicial deadlines that require prompt action.”; ;“Immediately withdraw any rules that have been sent to the OFR but not published in the Federal Register, so that they can be reviewed and approved.”; ;“Consider postponing for 60 days from the date of this memorandum the effective date for any rules that have been published in the Federal Register, or any rules that have been issued in any manner

Once skill gaps are identified, Martin said employers should design and implement targeted training programs to enhance employees’ skills.

This regulatory shift has exposed a critical vulnerability in many traditional compensation philosophies that were simply not designed to hold up to external scrutiny — and the clock is ticking to fix it.

Organizations that are mature in this area are harnessing vast swaths of data to get smart about decision-making, clearly communicating the value of their offerings and philosophies, and designing robust and efficient strategies engineered to drive value.

However, as salary levels decrease, geography often drives the setting of competitive pay rates enough to warrant building them into not only a compensation strategy and philosophy but also adding “geographic salary differentials” into the design and delivery of pay programs.

These benefits aren’t just designed to achieve work-life balance, but rather a “life-work tilt.”

.; One of the most emotional areas of incentive design involves properly setting target pay levels according to the market.

In the context of stakeholdership, that means providing future-focused skills training and offering clear career paths and development plans designed to yield both personal and organizational benefits.

Considerations for Short/Localized Disasters With a localized disaster that lasts for a limited time, the focus is on making changes quickly (and often proactively in the plan design) and focusing on bringing the process back to normal as soon as possible.