The New Shape of Work interview series addresses the challenges and uncertainty in the current business environment with a focus on how to transition to a more agile workforce for the future.

Listen on Apple or Spotify
In this episode, we speak with Martin Smit, Head of Global Compensation Solutions at Takeda, about Generative AI in the rewards function, the opportunities for GenAI to improve efficiency and productivity, as well as ideas to help employees become more comfortable with AI tools.  

Interesting moments:

  • Making GenAI practical

    GenAI is an abstract technology. The moment you start talking about practical examples with people, they say, I didn't think about it that way. I really think the key [to increased adoption] is in providing practical examples and use cases rather than keeping it very abstract.
  • Productivity enhancements

    Some projects can take months but AI can really accelerate some pieces of your projects. It doesn’t always mean that the project will be much faster because you will want to use some of the saved time to validate and fine tune the output.
  • Improved decision-making

    I definitely think that the compensation function and other functions within companies will change in the next 5 or 10 years. The easiest decisions will be executed faster and more efficiently, and it will help the decision makers make better informed decisions by structuring the information options in a better way.
  • Analytical roles

    A lot of analytical and junior roles today could be done by AI in a few years and definitely by 2030. But if people then start worrying that there will not be the analytical roles anymore, I don't think they need to worry. I still think you're going to have these roles, but it will be with different skill sets.

More episodes in this series

  • Future of work

    The ROI of supporting employee mental health

    October 07, 2022 | Episode 26 | 25:16
    Employees have been bruised by the events of the last two years and many are feeling a form of despair, anxiety and a lost sense of belonging. Employers can address mental health challenges through benefits and culture to encourage employees to bring their best self to work and, in turn, see a positive impact on productivity.
  • Future of work

    Total rewards at the centre of innovation at SAP

    September 15, 2022 | Episode 25 | 29:19
    Learn how total rewards goes beyond compensation and benefits to support transformation and innovation of employee culture and careers at SAP. And how the balance between vision and pragmatism helps SAP to continue moving into a skills-based future with employees understanding how they fit in the transformation journey.
  • Future of work

    Radically transforming HR with BMW

    August 15, 2022 | Episode 24 | 20:46
    With tight labour markets, there is an increased focus on employee experience to help attract and retain the talent you need today and in the future. In this episode, Moritz Kippenberger with BMW discusses the need to radically transform HR operations to meet employees shifted expectations around work.

Related products for purchase

Related solutions

Related insights