it jobs – PossibleThreat Articles

Generative artificial intelligence (genAI) is likely to play a critical role in addressing skills shortages in today’s marketplace, according to a new study by London-based Kaspersky Research. It showed that 40% of 2,000 C-level executives surveyed plan to use genAI tools such as ChatGPT to cover critical skills shortages through the automation of tasks.

The European-based study found genAI to be firmly on the business agenda, with 95% of respondents regularly discussing ways to maximize value from the technology at the most senior level, even as 91% admitted they don’t really know how it works.

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ComputerWorld Independent

Q&A: TIAA's CIO touts top AI projects, details worker skills needed now

August 10, 2023 0 Comments analytics, Artificial intelligence, careers, chatbots, Emerging Technology, Financial Services Industry, generative ai, it jobs, natural language processing, Security

Artificial intelligence (AI) is already having a significant effect on businesses and organizations across a variety of industries, even as many businesses are still just kicking the tires on the technology.

Those that have fully adopted AI claim a 35% increase in innovation and a 33% increase in sustainability over the past three years, according to research firm IDC. Customer and employee retention has also been reported as improving by 32% after investing in AI.

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ComputerWorld Independent

Legislation to rein in AI’s use in hiring grows

March 30, 2023 0 Comments Artificial intelligence, careers, chatbots, Data privacy, Emerging Technology, it jobs, Privacy

Organizations are rapidly adopting the use of artificial intelligence (AI) for the discovery, screening, interviewing, and hiring of candidates. It can reduce time and work needed to find job candidates and it can more accurately match applicant skills to a job opening.

But legislators and other lawmakers are concerned that using AI-based tools to discover and vet talent could intrude on job seekers’ privacy and may introduce racial- and gender-based biases already baked into the software.

“We have seen a substantial groundswell over the past two to three years with regard to legislation and regulatory rule-making as it relates to the use of AI in various facets of the workplace,” said Samantha Grant, a partner with the law firm of Reed Smith.

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ComputerWorld Independent

Coming soon — a resume-validating blockchain network for job seekers

October 5, 2022 0 Comments careers, Data privacy, file sharing, it jobs, it skills, remote work, Technology Industry

An online resume-validating network has garnered support from than a dozen board members from companies whose ranks include Aon, Oracle, SAP, UKG and ZipRecruiter with the aim of reducing the time and cost of vetting job candidates.

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ComputerWorld Independent

Microsoft commits to ban non-competes and increase pay transparency in the US

June 9, 2022 0 Comments employee protection, it jobs, Microsoft, Technology Industry

Credit to Author: Charlotte Trueman| Date: Thu, 09 Jun 2022 04:21:00 -0700

Microsoft has launched four new employee workforce initiatives aimed at creating a more transparent workplace culture, including the banning of non-compete clauses in contracts and a commitment to improved pay transparency.

The four commitments have been categorized by Microsoft as:

Empowering employee mobility
Fostering a safe space for concerns
Increasing pay transparency
Conducting a civil rights audit

The new policies aim to address concerns raised by employees that current non-compete obligations are being used as a forced retention tactic. Consequently, the company will be removing non-compete clauses from US employee agreements and will not enforce existing clauses for workers outside of Microsoft’s senior leadership team.

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ComputerWorld Independent

IT salaries aren't keeping up with inflation — but that may soon change

May 28, 2022 0 Comments it jobs, IT Leadership, it management, it skills, it training, remote work, salaries, Security

Credit to Author: Lucas Mearian| Date: Thu, 26 May 2022 03:00:00 -0700

Pay for some IT professionals is failing to keep up with inflation, according to a salary survey by IT employment consultancy Janco Associates for calendar year 2021. But preliminary data indicates pay for tech workers could soon change drastically with job market in IT tight, and many companies eyeing major tech projects in the year ahead.

With inflation in the US running at about 8% over the past year, salary increases — even for IT execs — have failed to keep pace.

The mean compensation for all IT pros last year rose only 2.05%, with the median salary at $100,022 for those at large enterprises and at $95,681 for IT workers at mid-sized firms, according to Janco.

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