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Innovative Compensation Organizations will need to keep up with these radically changing times by introducing a garden variety of compensation plans and arrangements.

A national account seller has a unique responsibility to win “approved vendor” status from corporate purchasing authorities.

Check with vendors about certain process requirements, such as if payroll systems will flag phase-out thresholds automatically or if employees will be required to self-attest, she added.

LEARN: Strategic Communication in Total Rewards Reinventing the Benefits Experience Upon arriving at Ipsen, Leo and her two compensation and benefits team members spent much time replying to employee questions about where and how to find contact information for benefits vendors, as well as the types of benefits offered.

The upside is that once you learn how to wrangle survey versions or build structures in one system, those muscles transfer to almost any other vendor.

To balance these needs, employers can explore plan design, vendor relations and employee perceptions.

Sumser said that comp professionals will need to closely watch both the vendor universe and the outside AI universe to see how regulations may be applied to the AI space.

According to Weldon, there are an increasing number of reputable vendors that offer some form of training to help employers identify and avoid potential scams.

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

An external partner or consultant can evaluate vendors and available solutions to fit the organization’s needs.