E&Y to award $100 million in bonuses for workers who show people skills
Summary
Ernst & Young (EY), a large consulting firm, will give $100 million in bonuses to workers who show strong human skills like leadership and teamwork. EY believes these skills are important for the future, especially as technology and artificial intelligence (AI) change how work is done.Key Facts
- EY is one of the "Big Four" management consulting firms.
- The company plans to award $100 million in bonuses for human skills such as leadership, good judgment, business sense, teamwork, and adaptability.
- EY will also reward employees who adopt new technology.
- The CEO of EY Americas, Dante D'Egidio, said this shows the firm’s commitment to building a future workforce.
- EY sees a future where technology leads work but human skills remain essential.
- Economists say AI may eliminate some jobs but create new ones.
- Workers who do not learn to use AI with their skills risk being left behind.
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