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First, you can analyze the work to be done and break it into component parts.

Gen AI will also give HR leaders and professionals the chance to better manage and analyze data to make better-informed talent decisions across the organization and provide insights to managers and employees directly to aid in their decision making.

In analyzing data from more than 45 million patients covered by employer-sponsored health-care plans, the study found that out-of-pocket costs for patients rose between 2013 and 2019 overall.

He said AI tools can provide answers instantly by analyzing a workforce’s age and health to suggest plan types, as well as offer reminders and nudges .

.; Market Observations We analyzed post-CEO transition pay disclosures that represent various arrangements in the market.

Analyzing and Auditing Providers and Processes Frequently cited methods to reduce medical expenses (in particular, those categorized as “unnecessary”) included managing vendor contracts, conducting audits, and preventing overutilization and abuse of services.

On the compensation side, she said, AI tools that are trained specifically for your organization can help assess and improve your existing pay structures, analyzing pay equity and looking for gaps .

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The study, which analyzed information from the State Health Access Data Assistance Center , found: ;49.7% of these employees were enrolled in HDHPs in 2023, down from 53.6% in 2022.

Within the changing AI landscape, organizations should proactively analyze the skills they will soon need, the competition they will face in recruiting those skills and the adjustments they may need to make in their rewards programs to resonate with the workers who have those skills, Frost said.