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An AI tool, however, can only analyze and learn from the data it is given, making TR’s data collection, input and review practices the first line of defense against unfair and biased compensation decisions.

How AI Is Reshaping Jobs, the Workforce , Workspan Magazine article; ;How AI is Changing Total Rewards Functions and Roles , Workspan Magazine article; ;AI in the Real World: What People Are Actually Doing and Why It Matters , May 12 webinar; Historically, pay equity has been analyzed in arrears, with HR investigating problems that may have developed over the past one to three years.

This course walks you through the many regulatory requirements in the benefits space, including the Employee Retirement Income Security Act (ERISA), the Internal Revenue Code (IRC), the Health Insurance Portability & Accountability Act (HIPAA) and the Affordable Care Act (ACA).

Recent research finds that many organizations expect the way they source talent to change in the near future to include more contract and gig workers.; A journalist by trade, Kerri Reeves has been in business for herself as a freelance writer and communications manager since 2012.

“‘You don’t treat me well, you don’t recognize me, I’m out of here.’

By analyzing historical voting trends, companies can better strategize and plan shareholder engagement for new proposals.

See Issue Journal of Total Rewards Q2 2024 Studies of a variety of topic rewards topics, from AI and pay transparency to career advancement to analyzing a pay gap.

Consider Your Bottom Line McLean cautioned that if you do start digging into salary ranges because several employees are nearing their max, you may find you need to adjust most or all your organization’s ranges, not just a few.

These tools help individuals nearing retirement make informed decisions about how their savings and Social Security benefits can work together during their retirement years.

If you work for a multinational organization with employees in countries facing economic, social and/or political turmoil now or potentially in the near future, compensation experts say the time may be ripe to explore more risk-averse options.