Maintain competitive compensation
Posted: Tue Feb 11, 2025 5:57 am
AI can help here too, but not in the way you may think. Rather than replacing humans, it can unlock insights (from data most companies already have) that lead to hiring and nurturing the right humans for the job. Software used to identify the important soft skills that lead to success in specific roles can be extremely valuable for both employers and employees. Ultimately, improvements in job performance and satisfaction will boost morale and your bottom line – a win-win.
Reducing work and maintaining or even increasing pay saudi arabia whatsapp number data sounds paradoxical. And while software improvements can and should lead to operational savings, it shouldn’t be at the expense of your team. Leveraging AI to benchmark your company’s compensation can be used to uncover trends to build more competitive compensation packages for your employees. Paired with manageable workloads and more time off, you’ll see a better time-to-hire, quality of hire, productivity, and performance.
Pay will always be a big part of employee compensation, but companies would be smart to consider less tangible compensation factors that lead to happier people and better retention than money alone. Among these top non-tangibles are work flexibility, autonomy, and a healthy work environment. This, of course, comes down to who you choose to hire. As long as that’s humans and not bots, using AI to help tap into soft skill competencies will shape a better team and overall work culture.
Reducing work and maintaining or even increasing pay saudi arabia whatsapp number data sounds paradoxical. And while software improvements can and should lead to operational savings, it shouldn’t be at the expense of your team. Leveraging AI to benchmark your company’s compensation can be used to uncover trends to build more competitive compensation packages for your employees. Paired with manageable workloads and more time off, you’ll see a better time-to-hire, quality of hire, productivity, and performance.
Pay will always be a big part of employee compensation, but companies would be smart to consider less tangible compensation factors that lead to happier people and better retention than money alone. Among these top non-tangibles are work flexibility, autonomy, and a healthy work environment. This, of course, comes down to who you choose to hire. As long as that’s humans and not bots, using AI to help tap into soft skill competencies will shape a better team and overall work culture.