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While internal equity is about fairness in how employees are compensated within the same organization, external equity/competitiveness is about comparing how much a company pays its employees with what other companies pay in the same industry or area.

.” — Gordon Frost, global rewards solution leader, Mercer From optimizing the nutrients in soil or analyzing the effects of climate conditions on sea levels to predicting patient health risks , artificial intelligence (AI) is proliferating in most industries.

“I believe the main challenge with reverse mentorship is getting people to be comfortable enough to take a chance on listening to somebody who might be new to the industry or just flat-out younger,” Young said.

will almost always vary by industry, individual business and who’s being asked.

Current status: Assignment pending to House Labor and Industry Committee.

“Programs require continuous monitoring and updates to ensure they’re fair, effective and aligned with business needs, especially in fast-moving industries.”

On April 1, Sen.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Experience; ;Employee Recognition; ;Organizational Performance; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Prologis is a real estate investment firm that’s a leader in the industrial warehouse business.

“Companies in virtually every industry are now under significant pressure to adapt to a new business environment and sweeping workforce changes,” said Adrienne Altman, managing director, North America, talent and rewards at WTW in a press release.