Employer-sponsored retirement benefits are a significant part of an employee’s total rewards package. Employers must understand the importance of these benefits to employees as well as the extensive regulations under the Internal Revenue Code and the Employee Retirement Income Security Act that govern employer-sponsored retirement plans.
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HR must always include human intelligence and oversight of AI in decision-making in hiring and firing, a legal expert said at SHRM24. She added that HR can ensure compliance by meeting the strictest AI standards, which will be in Colorado’s upcoming AI law.
The proliferation of artificial intelligence in the workplace, and the ensuing expected increase in productivity and efficiency, could help usher in the four-day workweek, some experts predict.
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An organization run by AI is not a futuristic concept. Such technology is already a part of many workplaces and will continue to shape the labor market and HR. Here's how employers and employees can successfully manage generative AI and other AI-powered systems.
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