Interview with Marc Muntermann and Caroline Baethge on Siemens Energy’s “AI-Powered HR Platform”

BISE: AI is the contemporary theme in industry, aiming to generate large scale efficiencies and capacity releases.How do you at Siemens Energy leverage AI technology, particularly regarding Compensation and Benefits department with probably the most complex HR processes on a global scale?Caroline: In a global company like Siemens Energy, Compensation & Benefits touches the work lives of about 100,000 employees.In this context, AI serves us in two ways: First, it enables us to free up valuable HR and manager capacities by automating highly manual HR tasks, especially those that historically relied on Excel files, emails, or fragmented workflows.In Compensation & Benefits, many processes require repetitive data entry, double verification, or manual consolidation in annual to quarterly time frames.By harmonizing these processes first and establishing a unified data foundation, we created the necessary prerequisites for introducing AI capabilities.Our Compensation Insights platform (''COIN'') digitalizes