Wall Street firms tie bonuses, promotions to AI skills, survey finds
A Selby Jennings survey of 500 finance executives found 42% use formal AI skill checks and 30% track AI returns.
6 Articles
6 Articles
Survey reveals Wall Street firms are linking bonuses and promotions to AI competency among employees
As artificial intelligence reshapes the landscape of Wall Street, its expertise is increasingly tied to salary and promotions in financial firms. Currently, about 25 per cent of these companies are tying employee pay to their AI competencies. Moreover, 30 per cent are asking for evidence of AI tool application in performance assessments. This reflects a significant evolution in how the finance sector values tech-oriented skills.
Channel News Asia
Wall Street firms tie bonuses, promotions to AI skills, survey finds
NEW YORK, Oct 14 : AI skills are starting to count toward pay and promotion on Wall Street, with nearly a quarter of financial firms tying raises, bonuses or promotions to employees’ proficiency with the technology, a survey showed.Another 30 per cent require employees to disclose their use of artificial in
Research with 500 executives from the financial sector shows that companies expand evaluation of AI use and seek to measure return on investments in technology
Coverage Details
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
