Kashif in Forbes: How AI Will Help Human Workers

Kashif in Forbes: How AI Will Help Human Workers

Check out this excerpt from our CEO, Kashif Aftab 's feature on Forbes.com!


One Way AI Will Help Human Workers: Ensuring They're Paid Fairly

Even as the labor market fluctuates, workers will always want to be paid what they are worth. More and more companies are leaning into the smart idea of taking your employees’ skills and value to the company into consideration when talking about pay, instead of simply how long they’ve been there or what their title is. Ensuring that your employees are compensated fairly is an absolute necessity if you want to retain your top talent long term, because even if they stay with you through a bad economy, they’ll jump ship as soon as things improve, and they can find a better-paying role elsewhere. However, it can be difficult to come up with a good formula for doing so. Artificial intelligence (AI) can remedy this problem—and in fact, it is already changing the narrative around employee compensation, and quickly becoming the most useful tool executives have in determining how much employees are paid.

AI improves your recruiting process, which gives you a better chance of being the right candidate with the right worth and skill set in the first place.

AI in HR is becoming?more widely accepted than ever, as HR leaders and employees alike recognize its benefits when used correctly.

AI-powered recruiting platforms can learn and constantly improve their recognition of skill keywords and synonyms in resumes and match you with candidates whose skills align with your needs.

And there are solutions that take it one step further by effectively requiring employers to break the ice by submitting a compensation bid to workers they would like to interview, improving pay transparency from the get-go.

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Jeffrey Duclow

Scale and Grow with our Working Capital Solutions | Alternative to Restrictive Bank Financing | Contact [email protected] or call/text 214-505-6868

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