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Much of their time has been spent analyzing employment applications, screening out those not qualified and rank-ordering the rest based on their apparent suitability.

“There’s so much transactional work that needs to be done, and needs to be done well, that CHROs need to rely on their teams in order to do that.”

One exception, however, is the posture for key executives, which typically is to pay above market levels in order to attract and retain superior performers.

“Pay equity can be the missing puzzle piece employers need in order to attract candidates and retain top talent,” she said.

In addition, Welch announced he has ordered the 17 employees who received bonuses, which ranged from $10,000 to $25,000, to return the payments.

It can deliver critical insights regarding where an employer can potentially spend less, in order to re-invest in the areas that matter most to key employee groups.

A Bit of Timing Turmoil The SEC’s action comes as the agency and companies face the brunt of the 2025 annual shareholder proxy season, and as more American corporations are currently scurrying to drop or rein in diversity, equity and inclusion (DEI) initiatives to be in line with Trump’s Executive Order 14173, “ Ending Radical and Wasteful Government DEI Programs ,” and a follow-up administration memo, “ Ending Illegal DEI and DEIA Discrimination and Preferences .”

While it may seem like a tall order to combine adaptability, cultural resonance and technical expertise, the right mix of people can set an organization up for success.

“I’ve progressed in my career at Patagonia,” she said, “and it has absolutely been foundational to having this program and being able to raise my children and take them on the road with me as needed in order to be able to successfully do my job.”

Julie Stich, the vice president of content at the International Foundation of Employee Benefit Plans (IFEBP), advised a focus on plan design, including: ;Cost-sharing requirements;; ;Incentives for using generic drugs or mail-order services for maintenance prescriptions; and,; ;Effective step therapies beginning with lower-cost treatments.; “There needs to be a balance between what employees need to ensure the most effective care possible while controlling spend,” she said.