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December 29, 2024 33 mins
In this episode of Comp and Coffee, host Ruth Thomas is joined by Payscale's thought leaders Sarah Hillenmeyer, Senior Director of Data Science, and Lexi Clark, Chief People Officer, to explore HR predictions for 2025. The discussion dives into the evolving employer-employee power dynamics, the rapid adoption of AI in HR, and the implications of wage growth trends as we transition into the new year. This episode promises insightful perspectives on the future of work, perfect for HR professionals navigating the year-end hustle. Key Highlights No major surprises in 2024, but the ongoing debate over remote versus in-office work and its compensation implications is highlighted. Unexpected rapid adoption of AI in HR, particularly in recruitment and hiring processes. Continued focus on fair and transparent pay amidst evolving employer-employee dynamics. AI governance is predicted to become crucial with potential state-level regulations emerging in 2025. Wage growth may dip below 4%, with sector-specific variations still influencing compensation planning. Quotes "We've seen more enthusiasm and adoption of AI across HR-related use cases than I expected." – Sarah Hillenmeyer "If you're working on your year-end process, apply a fair pay lens." – Ruth Thomas "Employer-employee friction... the cat's out of the bag and it's not going back in." – Lexi Clark
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