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;Have they kept all the documentation and data the AI vendor used to set up, configure and train the algorithm?

Verizon recently raised the minimum wage for some workers, increasing salaries to $20 an hour for new Verizon employees in customer service and $20 an hour (when base salary plus target commission are combined) for those in retail and inside sales.

A successful rewards strategy isn’t a “set it and forget it” system; it demands ongoing evaluation and action.

Alan set upon building a better compensation solution by tapping into his 20 years of contacts in the comp space.

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However, also consider the freelancers, consultants and solopreneurs who identify as self-employed, provide in-demand skills and set competitive rates.

Ultimately, Swift said, the responsibility for implementing best practices sits with the organization in terms of setting clear guardrails.

Alan set upon building a better compensation solution by tapping into his 20 years of contacts in the comp space.