Wall Street ties AI skills to pay and promotions

Nearly a quarter of financial firms now tie raises and promotions to AI proficiency. Another thirty percent require workers to disclose tool usage in performance reviews.

FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly/File Photo

Wall Street financial firms are tying 24% of employee raises, bonuses, and promotions directly to artificial intelligence proficiency, a survey showed on Tuesday morning. The shift comes as institutions across the United States demand measurable business outcomes from their technology budgets. Firms are moving beyond basic software adoption to link individual compensation directly to quantifiable productivity gains.

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