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Episode 88 - Top Predictions for HR and Compensation Management in 2024

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The Potential of Generative AI in Talent Acquisition and HR Industry

Generative AI has the potential to revolutionize talent acquisition in the HR industry, especially in addressing talent shortages and the need for upskilling and reskilling. Despite initial caution in the HR industry, there is an expected increase in AI experimentation and adoption in 2024, leading to the emergence of new AI-related jobs and a continued race to hire AI talent. The best organizations are expected to leverage generative AI to accelerate and improve compensation functions. However, there are growing concerns about ethics and the need to proceed with caution in the adoption of generative AI.

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