About one-third (34%) of workers believe that managers decide what to pay them based on what they think each employee should make, instead of on their actual performance. In light of these numbers, it is important not to wait for federal laws to address pay equity. If you want to attract and keep good employees, you need to prioritize this issue now; and artificial intelligence (AI) can help. In addition to increasing transparency, AI can enable you to personalize rewards and recommend pay rates, bonuses, or other perks using data rather than feelings or observations. AI also can boost employees’ confidence in the organization and their beliefs that their employer is committed to fairness and equity. Any organization—large, small, or in-between—can use some form of AI in ways that can decrease turnover and eliminate unconscious bias. Read the full article.
