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When an organization does undergo a CEO transition, the best navigation will come from those who have been paving the road for some time so an exiting chief executive does not leave a vacuum, Philby said.

Access bonus Workspan Daily Plus+ articles on this subject: ;Audit Checklist to Uncover and Mitigate AI Bias in Compensation; ;AI Tools May Pave the Path to Greater Objectivity in Skills-Based Pay; How AI Tools Can Reduce Bias According to the experts interviewed for this article, the uses for AI tools in compensation decisions, particularly in helping to address and reduce bias, are myriad and growing.

You’re not offering them extra work in lieu of a raise — you’re outlining and paving a clear path for the employee to expand their skills or take on more leadership because doing so will open doors for future salary increases in your organization.