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Industry research also points to a growing market, with 11 of the 40 largest insurance carriers providing both LTC and chronic-illness solutions and four others set to enter the market soon.

Set to be enforced by June 2026, this landmark regulation expands the definition of “pay” to include not only base salary and bonuses but also benefits in cash or kind, such as pensions, insurance and allowances.

Traditional salary offers are often based on market data (which may be outdated), internal pay grades (set one to three years prior) and the candidate’s salary expectations.

This concept is known as “joint employment,” and while this isn’t news to many HR professionals, the real surprise might be that these relationships are mainly governed by three separate federal agencies, each with its own set of rules and definitions for determining the identity of the employer (or employers).

We had an ultimate picture we were trying to set and worked backwards from there.

The challenge is these elements can create administrative complexity and set precedents that may be hard to reverse when conditions normalize.

However, also consider the freelancers, consultants and solopreneurs who identify as self-employed, provide in-demand skills and set competitive rates.

Ultimately, Swift said, the responsibility for implementing best practices sits with the organization in terms of setting clear guardrails.

Rather than simply doubling down on representation, the walkout’s organizers want Disney to fulfill a set of demands meant to “regain the truth of the LGBTQIA+ community” starting with an outright commitment to “indefinitely cease all campaign donations to ... politicians involved in the creation or passage of the “Don’t Say Gay” bill.

Those companies and compensation committees with a strong track record and a good governance framework will tend to be viewed more favorably by investors and proxy advisors over time — whether it pertains to robust goal setting, responsiveness, limited evidence of problematic pay practices, or adjustments to prevent or mitigate windfall gains during market rebounds.