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Indeed, early adopters of AI in TR settings are showing how the technology can be used to handle tasks related to compensation, job architecture, benefits enrollment and career development — often to TR professionals’ benefit.

The most common approach in 2024 was to set pay based on the employee’s primary residence (29%).

.; ;AI virtual assistants are another conversational tool that also can help with certain workflows and tasks, such as setting up and sending reminders.; ;AI agents can help execute workflows and guide employees through processes even if they aren’t sure where to start or what to ask.

Set quotas so that at least 50%-60% of sellers can reach and exceed their sales objectives.

And as employers set their 2023 preliminary budgets , Mason told Workspan Daily labor shortages, cost of labor and business performance were the top three factors organizations said were impacting their 2023 merit budgets.

Adoption of AI predictive models in pay decisions that factor in employee life stages, job preferences and real-time market trends, is set to accelerate over the next two to three years.

For example, setting fixed working hours or providing them with tools, equipment or resources beyond what’s outlined in the contract may trigger reclassification, especially in countries with strict worker protection laws.

Market Data Specialist Compensation professionals “own” setting competitive compensation levels.

Access a related Workspan Daily article on this subject: ;Shhhh: Here’s the Pros and Cons of ‘Quiet Promotions’; When management attempts a quick fix by informally adding tasks or responsibilities without a corresponding change in salary and title (often referred to as a “quiet promotion”), employee dissatisfaction and burnout can set in.

The Body of Knowledge represents the complete set of concepts, terms and activities that make up the profession.