Episode 88 - Top Predictions for HR and Compensation Management in 2024
Comp and Coffee
Embrace AI and Prepare for Pay Transparency
AI will continue to be a game changer, impacting all parts of our lives and specifically the compensation industry. It will change data collection and processing, management through compensation tools, and improve the reliability and impact of compensation decisions. Professionals need to stay current on the latest advances and leverage AI technology to be more effective and efficient. As for pay transparency, it's crucial for professionals to prepare for it, regardless of the state or federal legislation, because candidates are increasingly expecting transparency about pay.
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