HR Trends Unpacked: Minority Funding, Gender Pay Gap, AI, and FOBO
The BARFMarch 03, 202400:57:34

HR Trends Unpacked: Minority Funding, Gender Pay Gap, AI, and FOBO

Summary:

In this episode, hosts William Tincup and Ryan Leary cover a breadth of HR topics. They stress the importance of companies providing facilities for breastfeeding employees to promote gender equity. Addressing the gender pay gap, they advocate for transparent compensation practices. They highlight internal mobility's role in offering career progression for all and urge companies to invest in AI for competitiveness. The conversation also explores HR industry consolidation and major acquisitions, including Workday's purchase of HiredScore and Business Solver's acquisition of Capstone Group. They discuss trends like skills-based hiring, degrees versus no degrees, and the impact of ADP's incubator going public. Listen for expert insights on HR trends and industry shifts.

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Takeaways

  • Companies should provide suitable facilities for breastfeeding employees to comply with regulations and support gender equity.
  • The gender pay gap is a persistent issue that needs to be addressed through transparency and equitable compensation practices.
  • Internal mobility should be a priority for companies to provide career progression opportunities for all employees.
  • AI technology is advancing rapidly and companies need to adapt to the speed of innovation.
  • Funding for minority founders is crucial to promote diversity and inclusion in the startup ecosystem.


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Chapters

00:00 McDonald's employee had to pump breast milk in stock room corner

05:18 Gender pay gap in Australia

06:31 Blackstone CEO's compensation

09:18 Internal mobility limited to mid-level employees and above

14:37 AI that can build a robot in 26 seconds

23:48 Decline in funding for African-American founders

25:16 Acquisition of Zavi by Deal

28:33 Deal's consolidation play

29:18 Workday Acquires HiredScore

33:04 First Advantage Acquisition

36:08 Business Solver Acquires Capstone Group

38:36 Thriving in the Skills Economy

40:12 Degrees vs. No Degree

44:20 Americans' Satisfaction in Personal Lives vs. Satisfaction with America

45:42 ADP's Incubator Goes Public

49:07 Glean Raises $200 Million

52:01 Exodigo's 3D Underground Maps

53:01 Fear of Being Obsolete (FOBO)

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