Objective:

The objective of this assignment is to provide students with hands$-$on experience in utilizing ChatGPT or another AI platform to calculate various compensation metrics.

Instructions:

Review the provided data set and determine what compensation metrics can be calculated from the data

Choose TWO of the identified Compensation Metrics $($below$)$ that you would like to calculate using ChatGPT or a similar AI platform:

Salary Band

Target Percentile

Market Ratio

Compa$-$Ratio

Range Midpoint

Internal Equity

Access ChatGPT, or a similar platform, and follow the instructions provided to calculate your chosen compensation metric. Experiment with different inputs and features to get the most accurate and comprehensive results possible.

Once you have completed your calculations, write a $2-3$ page $($minimum of two $(2)$ complete pages of narrative$)$ report identifying the chosen compensation metrics and summarizing your findings and experience in this project. Include $($a$)$ a description of the metrics you calculated, $($b$)$ the data inputs you used $($if anything other than what is provided$),$ and $($c$)$ the results of your calculation. Important: While you are to utilize AI in this assignment, YOU are responsible for determining the validity of the results. In addition, provide an analysis of your findings, explaining what your results mean for your company. Lastly, thoughtfully reflect in the paper about the value and limitations of using AI in HR$.$

The report is to be written in APA formatting. It includes a cover and reference page!