Staffing & Culture | 10.14.26

Wall Street Firms Tie Bonuses, Promotions to AI Skills

by: Nupar Anand

A survey of 500 finance executives by recruitment firm Selby Jennings found that Wall Street firms increasingly link AI skills to employee compensation and career advancement. Nearly 25% of firms tie raises, bonuses or promotions to AI proficiency, while 30% require employees to disclose AI usage during formal performance reviews. Additionally, 42% have introduced formal criteria for evaluating AI skills, and 30% have established teams or roles to monitor returns on AI investments. The findings reflect growing pressure on financial institutions to demonstrate measurable business benefits from AI, with clearer compensation standards based on AI performance expected to emerge by next year.

Read the full article on Reuters