Shownotes
The Workplace Minute
Welcome to the Workplace Minute, brought to you by H3 HR Advisors. Your quick-hit version of the HR Happy Hour Podcast, where Steve Boese shares the latest in Human Resources, HR tech, workplace trends, and more—all in just a few minutes. Tune in and stay on top of what’s shaping the workplace today!
As companies rush to invest billions in artificial intelligence, a troubling pattern is beginning to emerge. In several recent cases, organizations have openly acknowledged that the money funding AI initiatives is coming directly from employee compensation, benefits, and workforce investments.
In this episode of Workplace Minute, Steve examines three recent examples. Teradata's decision to eliminate annual compensation adjustments in order to redirect resources to AI investments. TTEC's suspension of 401(k) matching contributions to help fund AI tools and capabilities. And comments from Standard Chartered's CEO about shifting resources away from what he described as "lower-value human capital" and toward technology and automation.
What do these decisions tell us about the future of work? Are we entering an era where workers increasingly bear the costs of AI transformation while organizations pursue productivity gains and competitive advantage?
Most importantly, what should leaders remember as they navigate one of the largest technology shifts in modern business history?
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