As AI and automation rapidly evolve, HR and compensation professionals are facing a transformative shift with pay decisions at the forefront. In this panel, thought leader Ben Eubanks joins Payscale’s Senior Director of Data Science, Sara Hillenmeyer, and ITX Corp’s Senior Compensation Manager, Paulo Fava, to discuss how AI is revolutionizing compensation technology and decision-making. Learn about AI’s current applications in compensation management—such as job descriptions, market pricing and pay monitoring—future advancements, and the implications of Fubini’s Law, which predicts that increasing complexity will demand new skills from compensation professionals. This session will cover how to approach compensation as a talent investment, ensure transparency and equity, and adapt to stakeholder expectations. Participants will leave with real-world insights and examples of how AI can drive fairer, more strategic pay decisions.
Key Takeaways
- Understand how AI is transforming compensation management by improving benchmarking, pay allocation, and fairness and shifting compensation from a cost center to a strategic investment.
- Learn how to develop key skills needed in an AI-driven world to use technology and data for more strategic compensation decisions.
- Learn how AI is being successfully applied in real-world HR and compensation processes, providing actionable insights for enhancing pay strategies today.
- Understand future trends in compensation management, focusing on transparency, equity and data-driven pay decisions over the next 3-5 years.