What you need to know as the employee: It doesn't matter what source your pay range comes from. At the end of the day, most companies - even though they pay for reliable data sources when generating pay ranges (and sometimes have the best intentions for fairness & equality), are still largely taking their best educated guess at the pay range for a job. Does it sound less intimidating now? Everything's negotiable. You are the biggest advocate for you! Always available on my services page for a free consult! https://lnkd.in/ehP9Bv8m #paytransparency #salarynegotiation #salaryguide #salarysurvey #salary
🔥 Hot take 🔥 “I would not advise anyone to use ChatGPT to determine pay for a new employee,” Lulu Seikaly said in a recent HR Dive article. “Compensation management is a strategic function within an organization that should not be replaced with AI.” 👀 What’s happening is that, like in other industries, AI tools are helping teams complete administrative tasks, like posting job descriptions and setting pay ranges for new hires. 🚨 At the same time, jurisdictions like Ontario and California are writing new laws requiring employers to let candidates know when and how AI is being used to do so. 🔎 “What matters in the short term,“ says James Atkinson, “is to be transparent about how AI technologies are being used, what the benefits are and where there are shortcomings.” For those of you using AI in your pay practices, make sure you read the fine print 👀 Get the whole scoop 👉🏼 https://at.pysc.al/tn5