Develop a pay for skills culture with data and AI
March 08, 2022 | Episode 5 | 14:07
The Transforming for the future podcast series features Mercer's consultants who are helping organizations stay ahead of the curve by embracing transformation, exploring new ways of working, and reinventing their employee experience. We'll discuss the most pressing issues facing leaders today and how to shape the future of work so that your business and people thrive.
This episode explores how to develop a pay for skills company culture by using data and AI to analyze talent skillsets. Kate Bravery, Global Advisory Solutions & Insights Leader at Mercer, interviews Sachit Kamat, Chief Product Officer of Eightfold.ai and Brian Fisher, Mercer’s Global Solutions Lead for Skills and Careers.
They share their thoughts and experience about future-proofing your organization through: Utilizing a pay for skills environment.
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Interesting moments from the interview:
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Effects on retention, engagement and development
"Look for the effects on retention, engagement and development and then test, learn and expand. A key aspect of that is after, you have a story to tell and what we do know is that when you have a compelling story to tell that can accelerate the adoption across the organization.” -
Advancing the new shape of work
"Powered by cutting edge data and AI… we can help our clients really advance the new shape of work that requires agility, digitization, and a future focus and that's what the partnership really brings to the table." -
Three ingredients to success
"I do see three ingredients to success and those ingredients are... strong data, business led, and employee understanding."
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