Understanding AI and How to Modernize the Compensation Process

Webinar

Artificial Intelligence (AI) is a much hyped and often oversold solution to a variety of challenges facing HR professionals. While AI will be a driving force in the future of HR, the path to utilizing it effectively is unclear. AI can have a wonderful impact, but also create negative impacts like reinforcing organizational bias. More importantly, useful AI can only be built by leveraging digitized and automated processes and systems.

Many companies still plan and allocate compensation, including salary, bonus, and stock awards, using complex, insecure, and error-prone spreadsheets – creating administrative overhead and limiting the effectiveness of a compensation strategy. Managers are often ill-equipped to make and communicate compensation decisions, impacting employee engagement. Pay equality by gender and race is a legal and moral imperative, but the tools to drive real action make achieving equality elusive. Modernization and automation are critical to overcoming these challenges.

Join Boyd Davis, an industry veteran in the market for AI solutions, as he demystifies AI for HR and compensation professionals and shows how modernization of the compensation process is the right next step for most organizations. This tech demo will help you use compensation as a strategic tool to drive employee engagement and a high performing culture.

Key takeaways from this Tech Demo:

  • Understand the use of AI for HR and compensation
  • Understand the attributes and benefits of automation and modernization in compensation
  • A practical and actionable approach to upgrade the compensation planning process
  • How manager empowerment, to make and communicate compensation decisions, drives employee engagement
  • How to turn pay equality aspirations into provable results

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Details

On-Demand

Access: | On-Demand Event Code: TECHDEMO-20210301-PLAYBACK

Recorded Event

Please note: Prices are subject to change without notice. All sales are nonrefundable. Access to the live event is limited to the first 1000 participants, so be sure to log on up to 15 minutes prior to the event start time. The live event includes access to playback. Playback and the on-demand demo are available two business days following the live event, and you can access them for 60 days. If you order the on-demand demo after the live event, your 60-day access begins the day of order.

HRCI credits will only be granted for attending the live demo event. On-demand demos do not qualify for HRCI credit. You may receive a certificate of completion for watching an on-demand demo. Please contact Customer Experience Team at 877-951-9191 (United States and Canada) or +1 480-951-9191 (other countries) or email customerrelations@worldatwork.org to request this certificate. You'll receive it in two to four weeks via email.

Presenter

Boyd Davis

CEO | Compright

Boyd is a 30-year veteran of the technology industry, having held executive positions at companies as large as Accenture and Intel, and startups that you’ve likely never heard of. Prior to Compright, Boyd helped organizations deploy solutions that leveraged data and AI. He is passionate about the opportunity to transform the compensation process, ultimately leveraging data to deliver personalized and equitable compensation to every employee.

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