Technology, Automation, and Human Insight
The Role of AI in Compensation Management
The effective management of employee compensation stands as a cornerstone of organizational success. Compensation management, encompassing the strategic allocation of rewards and benefits to employees, not only serves as a tool for attracting and retaining talent but also influences employee motivation, engagement, and performance.
In recent years, the confluence of technology, automation, and human insight has reshaped how organizations approach compensation management, with artificial intelligence (AI) emerging as a new influence in this transformation. Explore how AI is changing compensation management and the vital role that humans will always play in the process.