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Ep 83 - Is algorithmic pay the future?

Comp and Coffee

CHAPTER

The Importance of Transparency in Compensation Models

Ruth: I think that the algorithms can give us a chance to reduce that subjectivity and that variability based on our own decision making biases. But we have to be really really cautious Ruth as you and Lulu both mentioned much of those same biases are codified in the data that are used to train the algorithms. An algorithm that's trained on this bias data set can perpetuate that bias unless unless it's transparent and unless we can correct for it.

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