In this episode Ryan Leary and William Tincup take a look at LinkedIn Recruiter verification, the EEOC vs. Workday, ADA violations at Drexel University and disproportionate candidate rejections at Sheetz. We dig into this and more on this weeks episode of the BARF.
Takeaways
- The high cost of weight loss drugs is leading insurance companies and employers to cut coverage, potentially limiting access to effective treatments.
- Sheetz, a convenience store chain, is facing allegations of discriminatory hiring practices, with claims that they disproportionately reject Indigenous and Black candidates due to criminal records.
- Workday is being sued by the EEOC for alleged bias in their AI screening tool, which allows employers to preselect applicants outside of protected categories.
- The use of AI in generating content raises questions about free speech and who gets to decide what is considered controversial or acceptable.
- Drexel University is facing a lawsuit for violating the ADA by requiring an executive with PTSD to participate in a mandatory Zoom meeting, causing stress and anxiety. Video conferencing has become more prevalent due to COVID-19, but it should be optional and not forced upon everyone.
- Snapchat plans to add watermarks to images created with AI-powered tools to help users differentiate between real and simulated content.
- Mercado Libre, an Argentine-based e-commerce company, is hiring 18,000 employees in Latin America, with a focus on logistics and technology roles.
- The implementation of the Pregnant Workers Fairness Act will provide accommodations for pregnant workers and address the issue of advocating for accommodations.
- Chipotle settled for $3 million for not paying employees and scheduling them improperly, highlighting the importance of fair compensation and scheduling practices.
- LinkedIn is introducing verification for recruiters to address scam pitches and improve trust between recruiters and job seekers.
- Toptal acquired Vironite.com to enhance their custom software development capabilities and speed up innovation.
- Quantum Work Advisory acquired Talent Tech Labs to expand their ecosystem and provide deeper analysis and customization for their customers. Recent acquisitions and research reports in the HR and recruitment industry
- The impact of automation on the meaning of work
- The pressure to assimilate in the workplace
- Financial services for frontline workers
- Recent funding announcements in the HR tech space
Chapters
00:00 Introduction and Personal Updates
07:56 The Cost of Weight Loss Drugs and Access to Treatment
15:28 Workday Faces Lawsuit Over AI Screening Tool
31:03 Mercado Libre's Massive Hiring Spree in Latin America
39:16 Chipotle's Settlement for Unfair Compensation and Scheduling
48:46 LinkedIn's Verification for Recruiters
59:06 The Changing Meaning of Work in the Age of Automation
01:08:32 Financial Services for Frontline Workers
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[00:00:00] Alright, I want to talk to you for a moment about retaining and developing your workforce.
[00:00:05] It's hard.
[00:00:06] Recruiting is hard.
[00:00:07] Retaining top employees is hard.
[00:00:09] Then you've got onboarding, payroll, benefits, time and labor management.
[00:00:13] You need to take care of your workforce and you can only do this successfully if you
[00:00:18] commit to transforming your employee experience.
[00:00:22] This is where ISoft comes in.
[00:00:24] They empower you to be successful.
[00:00:26] We've seen it with a number of companies that we've worked with and this is why we partner
[00:00:30] with them here at WorkDefine.
[00:00:33] We trust them and you should too.
[00:00:35] Check them out at isolvedhcm.com
[00:00:38] What is going on people?
[00:00:44] Welcome to the BARF, WRKdefined's acquisition research and funding that was my announcer
[00:00:50] voice.
[00:00:51] William, how are you doing today?
[00:00:55] I'm doing great.
[00:00:56] Sunday 21st, feeling good?
[00:00:59] We've got a lot of cool stories to go through.
[00:01:01] A lot of stories.
[00:01:02] A lot of stories.
[00:01:03] I love their cool.
[00:01:05] Your hair is looking mighty flowy today.
[00:01:11] This is what happens when I condition my hair.
[00:01:15] Seriously this is what happens.
[00:01:16] On the off chance that I condition my hair, this is what happens.
[00:01:21] I don't even know what that word means.
[00:01:22] Condition to me means conditional logic.
[00:01:25] That's the only condition that I know.
[00:01:27] I've never been a person that put, I wash my hair every once in a while and I don't
[00:01:32] condition it all that often because I've never put a lot of products in it so it's
[00:01:36] just kind of a bit for my whole life.
[00:01:39] When I condition my hair is usually when I get my beard trimmed because I don't own
[00:01:45] an eraser so I'll go to great clips so they trim my beard but they also wash
[00:01:50] your hair.
[00:01:50] They wash your hair.
[00:01:52] So they wash your hair and they also condition it's like I don't do this shit at home but
[00:01:56] I let's go.
[00:01:58] So you think if I went in to get my beard trimmed and washed my head?
[00:02:03] Oh they could.
[00:02:04] They probably would.
[00:02:05] They give me like a scalp massage right?
[00:02:07] Oh yeah, oh yeah.
[00:02:08] I'm down for that.
[00:02:09] But how much is it?
[00:02:10] It hurts.
[00:02:11] Oh it's not that much.
[00:02:12] It's like eight dollars.
[00:02:13] No, eight dollars isn't bad.
[00:02:15] No, it's worth it.
[00:02:17] Talk about hair.
[00:02:18] All right.
[00:02:19] We're going to have you hair talk?
[00:02:22] Hair talk.
[00:02:24] So you've got two boys so they're not if they're getting hair salon and appointments that's
[00:02:30] their thing.
[00:02:32] So my oldest six team her last time she got her hair done whatever she got the three
[00:02:38] hundred and some dollars right?
[00:02:40] Oh snap!
[00:02:42] Right, right.
[00:02:43] Okay.
[00:02:44] She just went this week and she had a friend's cousin or something or other did her hair.
[00:02:50] A hundred and eighty dollars and that was a discount.
[00:02:53] Is she getting colored?
[00:02:55] She got highlights and trimmed and whatever.
[00:02:59] She's sixteen.
[00:03:00] Yeah color cost money.
[00:03:02] That's true.
[00:03:03] Color nothing.
[00:03:04] Get out of here.
[00:03:05] My boys go to great clips.
[00:03:07] It's a twenty four dollar trip plus tax.
[00:03:10] It's all good.
[00:03:11] It's all good.
[00:03:13] All right.
[00:03:14] What do we got?
[00:03:17] All right.
[00:03:18] Have you heard of ozimpic like you've seen the commercials?
[00:03:21] Oh, oh, oh, no, that's a that's a right auto part.
[00:03:25] Oh, that's it.
[00:03:26] Okay.
[00:03:27] Oh, ozimpic.
[00:03:28] Yeah.
[00:03:29] So here's what's happening and you can see it in North Carolina, but you kind
[00:03:34] of see it across the United States to the weight loss drugs.
[00:03:38] There's another one.
[00:03:40] W E G O V Y.
[00:03:42] I don't know it as well as ozimpic.
[00:03:43] We go.
[00:03:44] We'll go.
[00:03:45] Yeah, we'll go.
[00:03:46] They got a lot of commercials.
[00:03:48] Okay.
[00:03:49] So their drug costs are really, really high mostly because they don't produce
[00:03:54] a lot and so the cost through the roof, right?
[00:03:57] So these are things that actually help people lose weight.
[00:04:02] So these are these.
[00:04:03] This isn't a this is a scam.
[00:04:05] These are actually drugs that actually help people lose weight.
[00:04:09] So the insurance companies are now they're jacked up their prices
[00:04:17] because farm and direct their prices and employers are now kind of having
[00:04:22] to either make the decision to either pay for those things or to not pay
[00:04:28] for it.
[00:04:29] And this is what's going on.
[00:04:30] You can look at the story.
[00:04:31] It's in politico.com.
[00:04:33] So you go and look at the story, but they're talking about North
[00:04:36] Carolina because this is happening with large, large employers in North
[00:04:39] Carolina where they're basically cutting out that cost and saying
[00:04:44] that's an out of pocket expense, which is crazy to me.
[00:04:47] And the reason I wanted to come pitch it to you is like, you know, first
[00:04:51] of all, if this were a cancer drug and it was again, and it was high
[00:04:57] and all that stuff, would we would we be outraged?
[00:05:01] Yeah, of course we would.
[00:05:03] Right.
[00:05:04] So it would also be part of what is offered and weight loss.
[00:05:11] I don't know that that should be any different, right?
[00:05:15] I mean, I'm not a doctor, but weight being overweight leads to a lot of
[00:05:20] problems, right?
[00:05:22] Yeah.
[00:05:23] So if you could be preventative, then why wouldn't you cover ozympic?
[00:05:27] Well, just use that as an example.
[00:05:29] Why wouldn't you cover ozympic for your employees?
[00:05:32] We're going to look at what's happening in North Carolina.
[00:05:35] Definitely go check out the article on Politico, but I think we're going
[00:05:39] to see this more and more because the drug cost is so high.
[00:05:43] It's not going to go down because the demand is just going to go up.
[00:05:46] So it's going to go up higher, which means that insurance companies
[00:05:50] they got to recover their costs.
[00:05:51] Employers are going to cut it out because it costs too much.
[00:05:55] And I think it's sad because again, this is something that could prevent
[00:06:02] a lot of things down the line.
[00:06:03] Mm hmm.
[00:06:04] And it could actually, you know, people are always to us, they're always
[00:06:08] talking about like, how do I retain my top and he's higher?
[00:06:13] Yeah.
[00:06:15] You know, weight loss drugs.
[00:06:18] Hey, during recruiting event, during recruiting event, if somebody
[00:06:22] were obese, I would actually I'd lead with that.
[00:06:26] It's like, hey, you're familiar with ozympic, right?
[00:06:28] This is why you're not in recruitment.
[00:06:30] So we come by your own this side of the microphone.
[00:06:34] We cover that shit.
[00:06:35] Come on in.
[00:06:36] We got it.
[00:06:36] We got you.
[00:06:37] All right.
[00:06:38] Do you have sheets down there in our LinkedIn?
[00:06:41] We do.
[00:06:41] Okay.
[00:06:42] So sheets is making some head some headlines this week for
[00:06:46] rejecting indigenous and black candidates due to criminal records.
[00:06:52] So this is it.
[00:06:54] This is actually pretty interesting what's going on here.
[00:06:58] So, so they this disproportionately screened out American Indian,
[00:07:07] Alaskan natives, black and multiracial applicants during the
[00:07:11] hiring process.
[00:07:13] So interesting.
[00:07:14] Yeah.
[00:07:14] So, so the claim here states that they have a longstanding practice
[00:07:18] of screening candidates out due to prior run-ins with the law and
[00:07:23] convictions.
[00:07:24] And so, of course, we got some numbers behind this, but so
[00:07:28] black applicants 14%, 14 and a half percent more likely indigenous 13,
[00:07:34] multiracial 13 and a half.
[00:07:37] And then of course whites are the highest at 8%.
[00:07:41] Right.
[00:07:41] No, I'm kidding.
[00:07:42] Whites are way down the list or just getting accepted.
[00:07:47] So I thought this is interesting because sheets is not a small organization.
[00:07:50] We don't have.
[00:07:51] I think we may have a few up here.
[00:07:53] We don't have that.
[00:07:54] Is it is it that they're screening out brown people or is it that they're
[00:07:59] screening out people with criminal records or the thing that the thing
[00:08:03] that we probably would have to dig in to find out is are the brown
[00:08:08] people almost say that because I can actually say that our brown
[00:08:11] peoples, the criminal record is the criminal record more harsh like
[00:08:18] the art of those murder and ground theft auto and like harsher
[00:08:22] felonies.
[00:08:23] So it's one thing to kind of run a headline and say, oh, we're
[00:08:27] screening out brown people.
[00:08:28] Okay, got it.
[00:08:30] However, if it's if it's apples to apples and the felonies are
[00:08:35] the same, okay, murder, murder, got it.
[00:08:38] You know, rape, rape, got it.
[00:08:40] And then you did that by demographic data, then they should do
[00:08:45] they should be held liable like that.
[00:08:46] That's just crap.
[00:08:48] Now, if you dig into that, you find out actually the felonies
[00:08:53] weren't all the same.
[00:08:55] You know, but not all felonies are not only not all felonies
[00:08:59] should be treated the same.
[00:09:01] No, they shouldn't and that's where that's what the claim is.
[00:09:04] So the EOC obviously is is alleging this and putting
[00:09:09] this forward.
[00:09:11] However, the with what this gets into is that people within
[00:09:16] certain categories are predisposed to certain environments,
[00:09:21] right, which is creating that that wide gap there and it just
[00:09:26] so happened.
[00:09:27] I'm sure this happens with a lot of employers.
[00:09:29] It just so happens that she is leading that that race right
[00:09:32] now.
[00:09:33] It'd be interesting to dig in there maybe down the road
[00:09:36] and see if technology is involved here.
[00:09:38] If they're just doing it human to human, you know what
[00:09:40] I'm saying?
[00:09:41] Like if Bob and recruiting hates brown people are.
[00:09:47] Let's see if that's it or if it's actually tech that they're
[00:09:50] using.
[00:09:51] I'm sure they're using so they're a large company.
[00:09:53] I'm sure they're using tech for background.
[00:09:56] I'm not sure the rest, but right nonetheless interesting
[00:09:59] and people should know about that 100% Google fires 28
[00:10:05] employees after sitting protest over controversial project
[00:10:10] Nimbus contract with Israel.
[00:10:14] So on tech crunch.
[00:10:15] So you go find out about there.
[00:10:17] So we've talked a little bit about this type of stuff before
[00:10:21] it was more of the CEO with pro Israel and a bunch of employees
[00:10:25] didn't like that left or whatever.
[00:10:28] This is actually they fired people.
[00:10:31] So so you know it begs the question.
[00:10:36] For me in terms of like leadership has to be more
[00:10:38] active in defining what is and then isn't accepted what
[00:10:41] work.
[00:10:42] This isn't new people have had sit ins you know like this is
[00:10:45] this is a new bit that seems like this is going to be more
[00:10:49] vocal with the younger generation.
[00:10:51] It's going to be something that companies are going to have
[00:10:53] to come contend with one way or another.
[00:10:56] I mean if you lay down a strategy or lay down kind of
[00:10:59] your guidelines say yeah we don't talk about politics
[00:11:01] at work period in the story.
[00:11:03] You bring politics in the workplace.
[00:11:05] You've decided to quit.
[00:11:07] Yeah, we might fire you or you might quit but you've
[00:11:10] just make that decision.
[00:11:12] I think the guardrails are going to have to clear around
[00:11:14] stuff like this.
[00:11:15] Yeah, it's this I believe we just had a show about this
[00:11:19] somewhere on the learn something came up where I've
[00:11:22] always been confused.
[00:11:24] Can you or can an employer prevent you from talking
[00:11:29] about politics at work at work or is it more of a
[00:11:34] guideline or suggestion like hey you shouldn't be talking
[00:11:38] about things like this at work and I've always been
[00:11:42] confused on that and what I can and can't say in a
[00:11:45] corporate environment.
[00:11:47] Right, right.
[00:11:48] It's you know they're polarizing topics that it's
[00:11:53] you know when they say they want your whole you at
[00:11:55] work this is the shit that drives me crazy.
[00:11:57] Right.
[00:11:58] Yeah, you want my real authentic self you want
[00:12:01] my real authentic self.
[00:12:02] Okay, you know what I'm going to have a sit in well
[00:12:04] okay that's my authentic self so like no sit in I
[00:12:08] okay if you're disrupting the work day with things that's
[00:12:11] a bit that's a different that's very good but if you're
[00:12:15] just voicing an opinion or talking to people we're in
[00:12:18] a teacher where I think that's different as well.
[00:12:23] Anyhow, alright let's move on the work day so I'm
[00:12:26] I'm an EEOC fan today I'm following their thing.
[00:12:31] I'm following their news their line.
[00:12:34] EEOC expert good.
[00:12:36] I'm telling you so the question is should work they face a
[00:12:41] lawsuit right so EEOC says hell yes work they should face
[00:12:46] a lawsuit alleging that it's a I screening tool is biased
[00:12:51] right so check this out.
[00:12:55] Is that is that is that native or is the is are
[00:12:59] they using a partner for that?
[00:13:00] I beat me up.
[00:13:02] It sounds like it sounds like it sounds native based on
[00:13:05] the art. Yeah, I don't know.
[00:13:07] Yeah, it would matter because it's still under their brand
[00:13:09] it's still under their brand right so the allegation is
[00:13:10] that work day is allowing employers to pre-select
[00:13:15] applicants outside of protected categories which violates
[00:13:20] Title 7 in the Civil Rights Act 1964 so obviously work
[00:13:26] they says this case has no merit that they're arguing
[00:13:29] that they are not the employer they're not the staffing
[00:13:33] firm they're not the employer they're not the employment
[00:13:35] agency or labor they're just the tech and these are features
[00:13:38] within the tech.
[00:13:41] I've always been I've always been fascinated with this
[00:13:43] not worth work day in this particular regard but like
[00:13:46] in the sourcing tools where you can turn on like women
[00:13:52] okay so you're searching for a Java developer and you
[00:13:54] know there are differences and you can click the button
[00:13:57] and say I want female candidates I want African
[00:14:00] American candidates or you can turn that off right like
[00:14:05] yeah I'm not I really want to track this to find out actually
[00:14:11] how this plays out on the tech side.
[00:14:13] I don't think they're liable.
[00:14:15] I don't I don't think work day I think our work day will
[00:14:17] actually win this because they're not technology they're
[00:14:20] technology and they're not making the decisions this is
[00:14:23] a this is an issue of the employer and the hiring
[00:14:25] teams and what they're doing unless they customized it
[00:14:28] you know I'm saying like unless they're unless they're the
[00:14:30] ones that not just the implementation but unless they've
[00:14:33] actually created it.
[00:14:36] But if they just basically gave them a tool and said hey
[00:14:38] you can do there's several different ways this can be
[00:14:40] configured figured right and the employer configured it in
[00:14:44] a way that should be configured that's on them.
[00:14:47] Yeah but you bring up a good point on and we'll keep
[00:14:51] moving forward here but so and really any software but
[00:14:54] sourcing tools in in particular that's always been it when
[00:14:59] we've talked about this all the question you're saying you're
[00:15:02] there was debates around oh my gosh you're looking at LinkedIn
[00:15:05] profile photos now you know the person's Chinese.
[00:15:08] Yeah or photogenic yeah or I'm using a sourcing tool and
[00:15:13] I'm specifically saying give me Asian women or black women
[00:15:17] or not black women is what is the difference right and so
[00:15:21] I and this is I think these are people have these answers.
[00:15:26] I don't have these and I don't think it's an ethical and moral
[00:15:31] dilemma that no one has the answers to right now we'll have
[00:15:34] to find somebody that has them and bring them on the show.
[00:15:38] Good luck.
[00:15:39] I will find a person person.
[00:15:43] Jenner just comes from a fast company dot com generative
[00:15:48] ai's refusal to produce controversial content can create
[00:15:54] echo chambers.
[00:15:56] This is fascinating to me because okay so when you're using
[00:16:00] jna jai and you say hey I want black Jesus.
[00:16:05] You know because a lot of these different models got in trouble
[00:16:09] because they the images that they created right historically
[00:16:15] incorrect right yeah you know like black KKK members you know
[00:16:19] okay you can run down the list you know you know Hispanic
[00:16:23] Hitler you know all that kind of shit so you can create all
[00:16:27] that stuff and then those and they pulled back from that these
[00:16:30] models did said yeah we're not going to do that shit.
[00:16:33] So now what's interesting about that is the intersection
[00:16:36] between jen ai and friend free speech.
[00:16:41] So if someone wants to create a black Jesus or Hispanic Hitler
[00:16:46] why can't they're horrible examples I get it but if they want
[00:16:51] to why can't they so when I when I read it it's like what it
[00:16:56] made me think about was how do we navigate free speech in
[00:16:59] the future as it relates to jen ai and who gets to decide
[00:17:04] what is and isn't protected at work.
[00:17:08] So I'm really thinking on the work side it's like things are
[00:17:11] going to happen with jen ai and again who decides what's
[00:17:17] controversial.
[00:17:19] It's a controversial you know me saying like the
[00:17:21] conventional you know for me you could use an image and
[00:17:27] it could be stripper glitter.
[00:17:28] I'd be I with that but for other businesses they would
[00:17:33] not be all right with that right and the right now
[00:17:36] what's happening is the jen ai tools are making that decision.
[00:17:41] Instead of the human being instead of the boss instead of
[00:17:44] the employee so that no those applications are making the
[00:17:48] decision for you so just think about think about free
[00:17:53] speech think about content that's going to be created
[00:17:57] for you and and how it intersects with work and free
[00:18:01] speech.
[00:18:03] That works for me.
[00:18:06] All right I'm going to go to local story Drexel University.
[00:18:09] I did not go to Drexel I went to temple I could what anywhere.
[00:18:13] Yeah yeah and I chose temple 100% definitely not.
[00:18:20] All right so there's a Drexel it did this one is actually
[00:18:25] I think very relevant to anybody in the audience and
[00:18:29] one I think that's going to get a lot of a lot of
[00:18:32] conversation debate around it so Drexel executive Drexel
[00:18:36] University executive executive who is diagnosed with PTSD
[00:18:42] alleges that a mandatory zoom meeting violated ADA.
[00:18:48] Okay so they were forced to be on a and I don't have all
[00:18:54] the details clearly but they were forced to be on a zoom
[00:18:57] call on video to speak with a number of people and they said
[00:19:03] they weren't comfortable they didn't want to be on this call
[00:19:07] it might be on the call they didn't want to be on video
[00:19:10] for this particular call because it was causing them
[00:19:13] stress and anxiety.
[00:19:16] And so things happen bad things happen not bad things but
[00:19:20] it didn't go the way that Drexel or whoever was on the
[00:19:25] call would really wanted the call to go so.
[00:19:29] And I think it there's more to the story I'm sure and I know
[00:19:34] every organization has different thoughts on this and this
[00:19:37] and we've spoken a lot about accommodations in the workplace
[00:19:40] being super critical.
[00:19:42] We've also talked about interactive process a lot of
[00:19:46] but we've kind of brushed over it a lot too.
[00:19:50] And I think I don't know that a lot of organizations
[00:19:53] actually have an interactive process and I'm not sure many
[00:19:57] people know what an interactive process is.
[00:20:00] It's you know it's not just two people taking part in a
[00:20:03] discussion right this is where the employees actually part
[00:20:06] of the conversation.
[00:20:09] Discussing their own accommodations helping to build
[00:20:12] their own accommodations.
[00:20:15] They don't have that there.
[00:20:17] And that's some of the thing that throws me is mandatory
[00:20:22] Zoom so mandatory Zoom is like any type of mandatory meeting.
[00:20:28] You and I do a ton of podcasts and so there's a lot of people
[00:20:31] that join our podcast that aren't on video.
[00:20:35] In fact some of our friends we get on on calls with them
[00:20:38] aren't on video and they never turn on video.
[00:20:41] I'm so tempted to just close the camera right now just
[00:20:44] for the hell of it.
[00:20:45] You know I'm saying like I don't care.
[00:20:48] Yeah if that I don't say like if this isn't this
[00:20:52] is executive one would assume that they're adding value to the
[00:20:55] company etc.
[00:20:57] And if they don't want to be on video.
[00:21:00] They don't need to be on video like again Zoom and all of
[00:21:04] the technologies that we use prior to covid we weren't
[00:21:09] on video by and large.
[00:21:11] Right.
[00:21:11] We just use them as a way you calls conference calls
[00:21:15] does get conference call technology.
[00:21:17] So the join in's or join me's and all of the
[00:21:19] river conference all those things which use them to call
[00:21:22] people.
[00:21:24] And then I went back to school there.
[00:21:26] Kobe I know right.
[00:21:27] Three years ago.
[00:21:29] Covid made us all get on video because we wanted to you
[00:21:33] know see people and see what's going on.
[00:21:36] We want to kind of attach.
[00:21:37] Yeah all kinds of stuff there.
[00:21:40] This is one of those deals is super easy to resolve.
[00:21:42] It's like hey you don't want to be on video for this
[00:21:44] call or for any calls.
[00:21:46] Great.
[00:21:46] Yeah.
[00:21:47] Yeah don't be on the call.
[00:21:48] I mean don't be on video.
[00:21:50] Yeah okay still add that to you and now the second part of
[00:21:54] this about a cat accommodations is sometimes people
[00:21:58] can't advocate or don't feel like they can do a proper job
[00:22:02] of advocating for own accommodations.
[00:22:05] That's a separate issue.
[00:22:06] So I think it's now you need an ombudsman or you need
[00:22:09] a charter step in right and help be an advocate for
[00:22:13] accommodations for everybody.
[00:22:15] Correct.
[00:22:16] Correct.
[00:22:16] Good fun.
[00:22:18] Good fun.
[00:22:18] I like it.
[00:22:20] So you're a big snap chatter right.
[00:22:22] I do not have snap chat on your phone.
[00:22:26] You're on Tinder right.
[00:22:27] But I Tinder yes now I'm kidding.
[00:22:31] Just kidding honey I love you.
[00:22:34] Don't even know which ones I can't even tell you which
[00:22:36] one the swipe is.
[00:22:38] Yeah that's how I could tell you my kids are on there
[00:22:41] because all they do all I can tell you yes.
[00:22:45] I don't know.
[00:22:46] I don't want to know.
[00:22:47] I'm in that I'm in that phase.
[00:22:50] That's what they take pictures like that.
[00:22:52] Let me two seconds or swipe picture.
[00:22:55] That's right.
[00:22:56] Yeah whatever that ends badly.
[00:22:59] So snap the company they sort of rebranded obviously snap
[00:23:03] chat to snap plans to add watermarks to images created
[00:23:07] with AI powered tools.
[00:23:10] So here's what I like about this.
[00:23:12] This is in TechCrunch.
[00:23:14] So you could just go and Google snap and watermarks you'll
[00:23:18] find the article.
[00:23:19] But what I love about this is as we move to using more
[00:23:24] generative AI at work and trust we've already talked
[00:23:28] about that several times it'd be nice to be aided
[00:23:31] in understanding what we can trust or what we know
[00:23:35] is gen gen AI and what is it.
[00:23:38] What's simulated and I think it's OK if it's simulated
[00:23:41] if something's made and and it's made with gen gen AI like
[00:23:46] I'm OK with that.
[00:23:47] I just think the user needs to know.
[00:23:50] That's all I think you have to you have to you have to
[00:23:54] let people know if it's a sponsored posting or if it's
[00:23:57] an ad why not.
[00:23:59] Right.
[00:24:00] Just put it on there.
[00:24:01] Yeah they've got so what they're going to do is
[00:24:03] they're actually going to put this little little stamp
[00:24:05] touch sparkly little thing watermark on the image.
[00:24:09] So when you see that you'll be able to say OK that was maybe
[00:24:13] gen AI.
[00:24:14] And the article it has like a cat that turns into a panda bear
[00:24:18] or some shit but it's got like the little gen AI sticker on
[00:24:23] it.
[00:24:23] Oh my we need to see more of that from Facebook.
[00:24:27] Yeah everybody.
[00:24:28] Yeah I don't mind.
[00:24:29] Honestly I don't on the social feeds I don't mind.
[00:24:33] Because I don't care what I'm looking at like if it's
[00:24:36] interesting it's it's it's interesting.
[00:24:39] I don't care who made it or what made it.
[00:24:41] Now if I'm getting an email or something from a recruiter
[00:24:47] where he says this email was generated with AI and then I
[00:24:50] I'm probably not going to read the email.
[00:24:52] I probably put it at the bottom just like that people put
[00:24:55] the claim of already subscribe or anything like that.
[00:24:58] Yeah I would just letting people know it would lose its
[00:25:02] impact or because I assist it with or something I don't
[00:25:04] know like that.
[00:25:05] That would be weird for me.
[00:25:07] I don't want to know that.
[00:25:08] I would and I would think I would think more of the person
[00:25:13] if they told me that you know I'm saying like like if someone
[00:25:17] told me that I had a person one time a CEO of a very a real
[00:25:23] popular company actually emailed me one time after I had
[00:25:28] emailed a bunch of CEOs and said do you make these emails
[00:25:32] up yourself or do you like you have like a comedy
[00:25:36] club or you like do you like cuz you know my writing and
[00:25:40] I'm like no I actually type that out.
[00:25:44] I'm just I don't know if it was just about it or I'm still
[00:25:50] trying to figure out how to help people read the entire
[00:25:54] email like I mean they're actually really good when
[00:25:58] you read them.
[00:26:00] They're very good but I get like halfway down and I'm
[00:26:03] like I can't go any further just get there.
[00:26:06] Just say the tell me how much money do you want from me?
[00:26:11] What do you want?
[00:26:12] Oh God.
[00:26:14] More more more more things like snap or those types of
[00:26:19] things just like I like it.
[00:26:21] I like it.
[00:26:21] All right.
[00:26:22] So more Kato Libre is on a hiring spree 18,000 hires
[00:26:28] about to hit the hit the company.
[00:26:31] So these are so if you're all not familiar with
[00:26:34] Bercato they're Argentine Argentine based e-confirm.
[00:26:38] So think like Amazon.
[00:26:42] Yeah, yeah, someone right.
[00:26:44] So all of this is in Latin America though.
[00:26:46] So I think you're the e-com tech the e-com tech
[00:26:49] correct it so the there are this is all Latin American
[00:26:54] hiring so from Mexico, Latin from Mexico to Brazil,
[00:26:59] Argentina that's where they're all going to be but
[00:27:02] 18,000 levels a lot.
[00:27:04] Yeah, that's a lot of people and first of all,
[00:27:07] it's great.
[00:27:08] Yeah, majority is going to be in logistics.
[00:27:09] So not sure and 2,500 is tax but the remainder will
[00:27:13] be in tech.
[00:27:14] I should say I'm not sure what it'll be doing but a lot
[00:27:17] of fantastic.
[00:27:18] That's fantastic.
[00:27:18] That's just great to hear hiring great.
[00:27:21] I don't care where it is just more hiring more better.
[00:27:24] Yeah, definitely.
[00:27:26] So we talked about pregnant workers a couple times
[00:27:30] on the show and they finally they've got a due date
[00:27:35] on the the final rule of the implementation of the
[00:27:38] Pregnant Workers Fairness Act.
[00:27:40] I think that's P W F A during the acronyms.
[00:27:45] This is at a federal register dot gov so you can
[00:27:48] go and look at the implementation of the pregnant
[00:27:51] workers Fairness Act.
[00:27:54] So final rule is effective on June 18th,
[00:27:58] which is about two months away.
[00:28:01] So it's been a long time coming.
[00:28:03] It's been reviewed.
[00:28:04] It's been going but no, okay, just make sure your
[00:28:06] company's comply because I think you've covered one
[00:28:09] or two stories about companies that have not been
[00:28:12] compliant.
[00:28:13] I was gonna say we talked about this last week,
[00:28:15] but no, no, no, well, they the final rule just came
[00:28:19] down.
[00:28:19] No, the fun.
[00:28:20] Yes, yes, yes.
[00:28:21] And I'm surprised I missed it because I have been
[00:28:25] doing all of this.
[00:28:26] Yeah, all of us.
[00:28:27] I feel the lesser the federal register site is actually
[00:28:31] fascinating because they publish stuff, all kinds of cool
[00:28:34] stuff there.
[00:28:35] But you know, no one reads.
[00:28:37] No, yeah, no one reads a lot.
[00:28:39] It goes there.
[00:28:40] Next, next, I didn't get any love.
[00:28:42] It's like if you go there, they actually like on
[00:28:45] the actual final rule, you can click into it and
[00:28:49] it'll show you all the different implementations.
[00:28:52] Right.
[00:28:52] Like it's, it's fascinating and I'm sure no one uses it.
[00:28:56] So probably just make sure you're compliant folks.
[00:28:59] Yep.
[00:28:59] Yep.
[00:29:01] All right.
[00:29:01] You know compliance.
[00:29:02] Come speak of compliance.
[00:29:04] You like Chipotle?
[00:29:06] Hi.
[00:29:07] I don't actually I don't understand the fascination
[00:29:12] with going to a restaurant standing in line for 20
[00:29:16] minutes at a getting buffet line to just get to the
[00:29:21] line.
[00:29:22] I mean, I love buffets.
[00:29:24] Trust me.
[00:29:25] Look at me.
[00:29:25] I love.
[00:29:25] Yeah, I know.
[00:29:27] There's not a buff.
[00:29:27] I love like lying food and all that stuff.
[00:29:30] But you get there and there's chicken everywhere and
[00:29:33] beans and dirt and then there's people in the back
[00:29:36] and there's food on the floor and I just don't get
[00:29:39] and get it like I can whatever.
[00:29:42] And it's like on the like on 30 minutes in a
[00:29:44] Chick-fil-A line like Jesus Christ.
[00:29:47] It's good.
[00:29:48] It's not that good.
[00:29:49] It's a chicken fucking nugget.
[00:29:50] Like, come on.
[00:29:52] Anyway, so Chipotle is settled.
[00:29:56] It's the title of the show.
[00:29:58] Yeah.
[00:29:59] It's a fucking chicken nugget.
[00:30:01] So Chipotle settling for three million dollars.
[00:30:05] What they do?
[00:30:06] They're not paying people and they're scheduling bad.
[00:30:10] So they're there for paid leave issues and for
[00:30:14] scheduling and so there's 1853 people that are
[00:30:18] going to get this.
[00:30:19] I did the math earlier.
[00:30:19] It's like 1600 bucks a piece.
[00:30:21] Right?
[00:30:21] So they're not retiring.
[00:30:23] Yeah, no, no, but they're going to get a payday.
[00:30:25] Right.
[00:30:26] And so what's happening here is that they're scheduling
[00:30:30] though.
[00:30:31] They're scheduling employees for shifts.
[00:30:35] Outside of the fort there's a 14 day rule.
[00:30:40] Right.
[00:30:40] And so they're scheduling within the week to say
[00:30:43] you need to work this specific shift and then
[00:30:46] if an employee says, oh, hey, I can't do that.
[00:30:50] Then they're being retaliated against and pay and then
[00:30:53] when they're actually working additional hours, they're
[00:30:56] also not getting compensated appropriately for that.
[00:31:02] So this is more in the lines of like Subway and Jersey
[00:31:05] Mikes and all the other ones that we found recently
[00:31:08] where they're just paying their people.
[00:31:11] Yeah, this is not paying again.
[00:31:13] We don't know if it's Chipotle proper or if
[00:31:15] it's franchise or any of those types of things.
[00:31:17] But yeah, it's if you're if you're struggling to find
[00:31:20] employees, if you're struggling to retain employees,
[00:31:23] this is the type of shit that gets that we don't talk
[00:31:27] enough about.
[00:31:28] Yeah, it's like we talk about talk about, you know,
[00:31:31] it's a lot of the headier stuff like, oh, okay, just do
[00:31:34] these things like, well, you know, you just pay people
[00:31:37] pay your treatment like human beings.
[00:31:39] Let me let me let me throw this at you because
[00:31:42] this is this is really getting on my case and I
[00:31:46] hope they hear this.
[00:31:48] They're local, so they're not going to hear it because
[00:31:50] they have nothing to do with what we would do.
[00:31:51] But maybe I'll send them a link through their little
[00:31:54] contact form or some shit like that and I'll time stamp
[00:31:57] it for them.
[00:31:57] So my daughter works at a place called Stove and Tap.
[00:32:00] Okay, cool.
[00:32:01] She she works at a place called Stove and Tap.
[00:32:03] She's a hostess there.
[00:32:05] She gets paid X amount of money for being a hostess.
[00:32:08] They also said when you do running for the tables,
[00:32:14] you'll get this money, but you'll also receive tips
[00:32:19] for the running.
[00:32:20] Right?
[00:32:20] Okay, she's been there now for a month, maybe a little
[00:32:23] month and a half, a little more.
[00:32:24] Right.
[00:32:24] It's a second job for her.
[00:32:25] She likes to work.
[00:32:26] So she's been doing the hosting job.
[00:32:29] Right.
[00:32:29] Yesterday they said, okay, we're going to put you
[00:32:32] on running now.
[00:32:33] Fantastic.
[00:32:34] They gave her a t-shirt.
[00:32:35] She went and did that.
[00:32:36] She had she had a clock out as a hostess.
[00:32:39] Right.
[00:32:40] Clock in as a runner.
[00:32:42] Yeah.
[00:32:43] So they got the time right?
[00:32:45] Not just the time.
[00:32:48] Now they're paying her a training rate of $4 an hour
[00:32:54] and no tips and no tips.
[00:32:58] So I'm fucking I'm livid.
[00:33:00] She's like, well, what are you talking about?
[00:33:02] Like I'm training.
[00:33:03] They're paying me a try like, yeah.
[00:33:05] If anybody told me I'm going to cross train you
[00:33:08] for another job in the company so you can make
[00:33:10] us more money but I'm going to pay you $9 less
[00:33:14] an hour and not that should be criminal.
[00:33:16] If that's not criminal, that should be criminal.
[00:33:18] Yeah, I have a problem with this.
[00:33:19] No, they told me it's a training rate because I'm training.
[00:33:22] No, no, you're already here.
[00:33:24] The training take this there.
[00:33:27] All right, training over like you're an employee.
[00:33:30] You're not like, no, I'm blown away by this and I would
[00:33:35] I would basically at least I'll keep my hosting jig.
[00:33:37] I'm good.
[00:33:38] Yeah.
[00:33:38] Yeah.
[00:33:39] Maybe she'll make more with tips.
[00:33:41] I don't know, but the fact that they're taking an employee
[00:33:44] who's there moving them into a second role and docking
[00:33:48] their pay.
[00:33:49] Are we shocked that people have a trouble attracting talent?
[00:33:54] Oh, God, it just can't.
[00:33:56] We can't be shocked.
[00:33:57] It took it literally took every fiber in my body around
[00:34:03] and go see your manager like are you kidding me?
[00:34:06] Like, do you know who you're talking to?
[00:34:07] You know, you're like, come on.
[00:34:09] You know, like I was whatever.
[00:34:11] All right, I'm off my soul box.
[00:34:13] Take it.
[00:34:13] Well done.
[00:34:14] All right.
[00:34:15] Let me pitch you this one.
[00:34:16] LinkedIn announces verification for recruiters to help
[00:34:21] address scam pitches.
[00:34:22] Oh, I like it.
[00:34:24] So this is going to be like a blue mark or some type of
[00:34:26] star or unicorn or some shit.
[00:34:29] I'm just on social media today.com.
[00:34:31] You can go put in LinkedIn and verification.
[00:34:34] You'll find it.
[00:34:35] So, you know, first of all, I'm not sure this is a good.
[00:34:40] I got to really think about this.
[00:34:41] I don't know if this is a good thing or not, especially if
[00:34:44] candidates already don't like recruiters because now they're
[00:34:49] going to have this scarlet letter on their profile, which
[00:34:55] again could let I mean it could be a good thing for candidates
[00:34:58] because okay.
[00:34:59] Yeah.
[00:34:59] Obviously, recruiters were reaching out to me and they're
[00:35:01] a verified recruiter.
[00:35:02] Okay.
[00:35:03] I can trust that this is a something real or because
[00:35:08] recruiters, if you go to Reddit and read anything and read
[00:35:12] it about recruiters, you know, turns out they don't have
[00:35:14] a great reputation.
[00:35:16] So I don't know if it necessarily helps recruiters and
[00:35:20] it makes them less likable or more likable.
[00:35:23] Like what's your what's your bid?
[00:35:25] When I first told you that, what do you think?
[00:35:27] I like it.
[00:35:28] I'm opposite.
[00:35:29] So I like it.
[00:35:30] I think so I whether you have a blue checkmark or not, right?
[00:35:36] Whether you're verified or not, they're going to know you're
[00:35:40] a recruiter.
[00:35:40] It's in your job title.
[00:35:42] Like it doesn't matter right now if the verification isn't
[00:35:47] just oh yes, Ryan is a recruiter.
[00:35:50] Yeah.
[00:35:51] Right.
[00:35:51] No, Ryan's a verified recruiter because Ryan did this
[00:35:55] help.
[00:35:56] Yeah.
[00:35:56] Right.
[00:35:57] Ryan has a number of recommendations.
[00:35:59] Ryan has a number of maybe, you know, as a recruiter, I'm
[00:36:04] held to a different standard.
[00:36:06] Right.
[00:36:06] So LinkedIn essentially was built by workers right like
[00:36:11] let's be real.
[00:36:12] And so if I would have no problem as a recruiter, if I
[00:36:16] was still recruiting for LinkedIn to say, Hey, if you
[00:36:18] want to be verified, we need to monitor your in mouth.
[00:36:22] We need to monitor your messaging, not your what
[00:36:25] you're saying, but your acceptance rate, your
[00:36:28] interaction rate, your recommendations.
[00:36:32] Right.
[00:36:33] Yeah.
[00:36:33] Yeah.
[00:36:34] So not every recruiter gets it, but a job seeker knows that
[00:36:37] if I have a blue check, well, 40% at least 40% of my
[00:36:42] messages are being not open, but replied to my jobs are
[00:36:47] being placed.
[00:36:48] I'm confirmed that they're being placed my recommendations
[00:36:51] on the recruiter to actually be a week ago called
[00:36:54] be a recruiter because we talk all the time about in males
[00:36:57] and how horrible they are.
[00:36:59] Yeah.
[00:36:59] Look, if you want to go sell on Amazon, you want to buy
[00:37:03] on Amazon, what's the vibe?
[00:37:05] I go right to the reviews like I'll see the same product
[00:37:07] four times.
[00:37:09] It could be sold by the same company.
[00:37:12] I'm going to the one that has 700 reviews over 50.
[00:37:15] 100%.
[00:37:16] That's their check mark.
[00:37:18] We should have one too.
[00:37:19] I fully love that one.
[00:37:21] All right.
[00:37:23] Turn me around.
[00:37:24] I love it.
[00:37:24] I love it.
[00:37:25] Hold on.
[00:37:26] Let me record that.
[00:37:27] Are we recording still?
[00:37:28] Because I want to make sure everyone knows that I turned you
[00:37:31] and convinced you otherwise.
[00:37:33] All right.
[00:37:34] So William flip flops.
[00:37:38] There's the title.
[00:37:40] It's the chicken fucking nugget and William flip flops.
[00:37:44] So when people over in the UK, they'll say, that's brilliant.
[00:37:49] That's an awful accent.
[00:37:50] I know.
[00:37:52] I used to record that a couple of times.
[00:37:55] I said, look, honey, I'm brilliant.
[00:37:57] She's like, that just means like knowledge.
[00:37:59] It's horrible.
[00:38:01] Like bless your heart child.
[00:38:03] God, I'll never forget when Jackie Clayton said that to me.
[00:38:08] She's like, you know, that's not a good thing.
[00:38:10] Like, mm-hmm.
[00:38:12] I thought I was being blessed anyhow.
[00:38:16] I'm excited for this one because sort of excited.
[00:38:21] I really like this idea, but I was excited.
[00:38:26] More excited when I read it first, a headline, because I saw four days a week.
[00:38:32] And I thought that's it.
[00:38:35] It's over.
[00:38:36] The debate is over.
[00:38:37] We're doing four days a week and it turns out that it's just four days a week in the office.
[00:38:43] Yes.
[00:38:44] But I still actually do like this.
[00:38:47] So Truist is tightening up the in-office attendance policy.
[00:38:52] Right?
[00:38:53] So they're pushed behind us.
[00:38:54] They want to reinvigorate the connected culture field that they once had.
[00:38:58] Get it?
[00:38:59] Okay.
[00:39:00] So four days a week in the office starting in the fall for everybody and then for their investment bankers,
[00:39:07] they're in the office every day starting June 1st.
[00:39:12] So this is, and I'll get your take on this of course, but this isn't new in financial.
[00:39:19] Right?
[00:39:20] This isn't new on Wall Street.
[00:39:21] They've been doing this for a while.
[00:39:22] A lot of dev companies want to do this as well.
[00:39:26] But for some reason probably because I'm not actually going into the office.
[00:39:32] I'm not there.
[00:39:33] I like the idea.
[00:39:34] I think it would be nice to get back into an office and get back to life as it was in some respect.
[00:39:42] That said, this is my office right here.
[00:39:45] So I had to get dressed every day and go to an office.
[00:39:48] I'd probably quit.
[00:39:49] So I'm just saying that said Wall Street pays people enough money to get to the office.
[00:39:56] To get to the office.
[00:39:57] And if you don't want to be an invested banker, you don't want to work on Wall Street.
[00:40:00] Don't do the job.
[00:40:01] Don't do the job.
[00:40:02] You don't want to look at a screen all day.
[00:40:03] Don't be a fucking developer.
[00:40:05] 100% same thing.
[00:40:06] Yeah.
[00:40:07] And JP Morgan, all of them, they all kind of, they want you to be in the office.
[00:40:13] It's not just the, it's not just that they want to see you work type stuff because it
[00:40:17] is outcomes based.
[00:40:18] A lot of that stuff that what they do is based.
[00:40:21] You either make money for the company or you don't.
[00:40:24] But you know, it's again, this is not an industry that's cheap.
[00:40:31] They pay people really well and bonus people.
[00:40:36] So again, I mean, I went to business school with a bunch of guys that just they went investment
[00:40:41] banking either consulting or investment banking.
[00:40:45] And that was their bit.
[00:40:46] It's like, I'm going to invest in bank.
[00:40:47] I'm going to work 10 hours.
[00:40:48] I'm going to work 10 years, put it 120 hours a week and then I'll go do something else.
[00:40:54] But they knew the bit like they knew what they were getting themselves into.
[00:40:58] Right.
[00:40:59] But this is, this is what's interesting is this in the conflict of Gen Z and
[00:41:06] generations after that, that just they didn't see Wall Street.
[00:41:10] They didn't grow up with the movie or they didn't grow up all that stuff and they're going
[00:41:14] to be like that.
[00:41:15] Yeah.
[00:41:16] No, I'm not going to do that.
[00:41:17] I can do that shit for my house.
[00:41:19] That'll be interesting to see if they become flexible or if they just keep recruiting
[00:41:24] the same type of people.
[00:41:26] Yeah.
[00:41:27] I've never been on the floor, right?
[00:41:28] Right.
[00:41:29] So I don't know what it's like on the trading floor and all of that.
[00:41:33] But I do know what it's like on a sales floor in a bullpen type environment.
[00:41:39] I don't think I've ever had the energy that I had there.
[00:41:43] Oh, I'm not sure.
[00:41:44] That I do here, right?
[00:41:46] In a sales environment.
[00:41:48] You can't slack.
[00:41:49] You don't want to slack.
[00:41:51] No, no.
[00:41:52] It's like you want to earn.
[00:41:54] You want to earn.
[00:41:56] But everything's weighted that way too.
[00:41:59] Like your bonus is weighted that way.
[00:42:01] Your pay is weighted that way.
[00:42:02] It's like, you're not sitting there playing Candy Crush on your phone.
[00:42:07] No.
[00:42:08] And those types of environments.
[00:42:10] It's like I want to outwork, out hustle, out shine.
[00:42:14] And there is a different.
[00:42:15] I get it.
[00:42:16] All different.
[00:42:17] Sales are all different no matter where you are.
[00:42:19] The conversations are different.
[00:42:20] The cadence is different.
[00:42:22] All of that stuff.
[00:42:23] But when I was on a floor, when I was in a bullpen style environment,
[00:42:29] you have a headset on.
[00:42:30] There's 90 people talking around you and you're talking and you're talking with
[00:42:35] more energy than them because you need to close a deal.
[00:42:38] You need to talk over them because everyone else can hear what they're saying
[00:42:42] because the headphones just weren't fantastic back then.
[00:42:46] Same idea here, but the energy is not the energy is not the same.
[00:42:51] Now that could be hard to get.
[00:42:52] It's hard to get that energy that bullpen energy.
[00:42:57] It's hard to get that at home by yourself.
[00:43:00] Yeah, I mean, I could play the ambient noise.
[00:43:03] I could play the Wall Street in the background.
[00:43:06] But it's not going to be the same.
[00:43:08] We are on to the A's the acquisitions.
[00:43:10] We got a couple here real quick.
[00:43:12] We'll run through these job cannon acquired ads me.
[00:43:16] That's ADS M E to transform AI driven job.
[00:43:22] This is found on tech EU.
[00:43:25] You can just look at job cannon.
[00:43:28] Basically, it's a Ukrainian startup that acquires another Ukrainian startup.
[00:43:33] How often do we get to say that?
[00:43:35] Basically, job cannon uses AI to simplify the job search and adds me.
[00:43:43] It provides ad recommendations.
[00:43:46] More of what we see with Appcast and some of those types of layers.
[00:43:53] These are two firms that basically didn't do what the other one did.
[00:43:57] The feature set kind of comes together.
[00:44:01] We would say it's a merge.
[00:44:04] It was in a straight up acquisition terms were disclosed,
[00:44:07] but I think the customers went.
[00:44:10] I think it's a good thing.
[00:44:12] Good for them? Good for their customers.
[00:44:14] Everybody wins.
[00:44:17] Top tell.
[00:44:19] Top tell.
[00:44:20] Expands leadership and custom software development with the acquisition of
[00:44:25] Viren IT.com.
[00:44:27] So if we're not top towel or you can say top talent,
[00:44:33] I always say top tall.
[00:44:35] Topple.
[00:44:36] Topple?
[00:44:37] No, short for top talent.
[00:44:39] Any.
[00:44:40] It's a good.
[00:44:42] I say it.
[00:44:44] I say water.
[00:44:45] You say water.
[00:44:46] Yeah, no, you get a potato.
[00:44:48] So top towel is the exclusive network of top freelance talent.
[00:44:54] They could say the top 3%.
[00:44:56] So it's actually kind of fascinating.
[00:44:58] So like on Fiverr, they'll accept people with a pulse.
[00:45:02] Right?
[00:45:03] And in some of these other ones that they don't really care.
[00:45:06] I mean your rankings will kind of sort out whether you're good or
[00:45:09] all that other stuff, but these folks actually vet their talent
[00:45:13] and you've got to be great at what you do.
[00:45:16] You've got to be in the top 3%.
[00:45:18] And then they'll let you into the town, into the network.
[00:45:21] So what they did with this acquisition, so they acquired a
[00:45:24] software development development company.
[00:45:26] Right.
[00:45:27] And the reason for that is so they can speed up.
[00:45:29] It wasn't a small company.
[00:45:30] 120, 130 employees.
[00:45:32] No, no, no.
[00:45:34] And again, they could have worked with this company forever
[00:45:36] like, but they brought development in and the reason they brought
[00:45:39] development in is to speed up innovation.
[00:45:42] Sure.
[00:45:43] Just so we now have these folks, everybody's remote.
[00:45:45] In fact, I believe they're 100% remote.
[00:45:48] I will have to fact check that, but I remember on their website,
[00:45:52] this is on toptow.com and their press center.
[00:45:55] So you can go find, read about it.
[00:45:57] But I believe they're the world's largest remote work company.
[00:46:01] So anyhow, cool acquisition because it's like, okay,
[00:46:06] they can see development needing to happen faster and
[00:46:09] iterating, iterating faster.
[00:46:11] And they went out and probably already working with this firm
[00:46:14] to begin with.
[00:46:15] Yeah.
[00:46:16] And bought them.
[00:46:17] Yeah.
[00:46:18] All right.
[00:46:19] Nice.
[00:46:20] Excited for this one.
[00:46:21] Go for it.
[00:46:22] Quantum work advisory.
[00:46:23] Visory.
[00:46:24] It's an religious company, acquires talent tech labs.
[00:46:28] Friends of ours and I've been putting together really cool
[00:46:32] ecosystem maps.
[00:46:33] They've done a lot of work in the startup community
[00:46:36] and recruiting in particular.
[00:46:38] So they've, they've hosted events.
[00:46:41] They've brought in investors and help people get investing.
[00:46:45] All kinds of research.
[00:46:47] Yeah.
[00:46:48] A lot of great research.
[00:46:49] Now, a legious owns that.
[00:46:51] Well, they own it through their advisory firm, Quantum Work.
[00:46:55] But what's great about this for a legious is they're going
[00:46:59] to take all that stuff that's public and now be able
[00:47:02] to make it four or maybe have a deeper level of,
[00:47:07] of customization or analysis for their customers.
[00:47:12] So customers are struggling with which behavioral assessment
[00:47:16] to look at talent tech labs, keep track of all that stuff.
[00:47:21] And I think they'll probably still have a publicly facing
[00:47:25] thing and so do the reports and probably still do
[00:47:28] ecosystems and stuff like that.
[00:47:31] But I think the clients of a legious are going to win.
[00:47:34] Absolutely.
[00:47:35] That's great acquisition.
[00:47:36] This is on prweb.com.
[00:47:38] So you can go and kind of read the rest of the press release,
[00:47:43] but also kind of come to your own analysis as well.
[00:47:46] Yeah.
[00:47:47] Lots of smart people there.
[00:47:48] And our office was pretty cool.
[00:47:50] Yeah.
[00:47:51] Little thing all the way up in the top of the building
[00:47:54] somewhere up in New York.
[00:47:55] It was nice.
[00:47:56] Always, always good stuff.
[00:47:58] All right.
[00:47:59] I've got one here from Robert Haft.
[00:48:02] We're going to get into a couple research.
[00:48:05] So Robert Haft ran a report, a research, a survey.
[00:48:10] Sorry, I took people out to get that out.
[00:48:12] Anyway, women say that the ultimate crux here is that women
[00:48:20] say they are less likely than men to look for a new job in
[00:48:25] 2024.
[00:48:26] Huh.
[00:48:27] Yeah.
[00:48:28] So pretty basic.
[00:48:30] There's a lot of stuff that's going to be done.
[00:48:33] Pretty basic.
[00:48:34] There's a lot of stuff in here and we'll just drop the link in
[00:48:37] there.
[00:48:38] I forgot where I got this.
[00:48:39] This was at probably on Man Bar, sorry, Robert Haft.
[00:48:44] Anyhow, pay gap still exists.
[00:48:47] No surprise there, right?
[00:48:49] But 60% of the women survey believe that there are ample
[00:48:53] opportunities for growth compared to the men.
[00:48:56] So that's good, right?
[00:48:58] 45% say they wouldn't leave their job anyway because of
[00:49:02] the level of flexibility that they're not willing to
[00:49:06] lose.
[00:49:07] Right.
[00:49:08] I could see that.
[00:49:10] So now that makes sense to me.
[00:49:12] They're less likely than men to look for a job because the
[00:49:16] jobs that are being attracted to probably have more of a
[00:49:21] return to office or less flexibility.
[00:49:24] We'll just call it less flexibility.
[00:49:26] Right.
[00:49:27] So this would be true in my household too.
[00:49:31] I mean, we're pretty flexible here.
[00:49:33] Right?
[00:49:34] You let me leave a little bit and I get to do things.
[00:49:39] But that's true here too.
[00:49:41] We're pretty even on driving the kids places.
[00:49:47] My wife's a teacher.
[00:49:49] And so if she were to go into a corporate role, that
[00:49:56] would really affect what we can and cannot do here.
[00:50:00] Because even though I'm at home and we all know here at
[00:50:03] home, that means you're working.
[00:50:05] Like you're not like, hey, I can go take you for a ride at
[00:50:08] two o'clock.
[00:50:09] It's not the case.
[00:50:10] So I could see that.
[00:50:12] I could see that.
[00:50:13] But I can see that for men too.
[00:50:15] But I think what really kind of in the back of my mind,
[00:50:19] my mind, I think I was thinking about reading this
[00:50:22] and looking at the images that they have.
[00:50:26] Men are not ready to admit or to reverse the role yet.
[00:50:33] I know a couple that have become stay at home dads and
[00:50:36] I know a couple of dads that rejoin the workforce and they
[00:50:40] need the flexibility because they have to go pick up three
[00:50:43] or four kids and take them to softball or baseball or
[00:50:46] whatever it is.
[00:50:47] But I don't think the majority of men are there.
[00:50:52] I don't think and I think that's what I was thinking about
[00:50:56] reading this until you have parody there.
[00:51:00] Will you ever have parody and pay?
[00:51:03] You know what I'm saying?
[00:51:04] No, I think that's a driving factor of this.
[00:51:06] Absolutely.
[00:51:07] Yeah, very good.
[00:51:09] Good find.
[00:51:10] Yep.
[00:51:12] All right.
[00:51:13] So this is the this comes to you from the Linux Linux
[00:51:19] foundation.org.
[00:51:21] So this is the 2024 state of tech talent report by the
[00:51:26] Linux foundation.
[00:51:28] Turns out the sky isn't falling.
[00:51:30] This by all the headlines and all that other stuff.
[00:51:33] Only a mind you buy only a minority of companies reduced
[00:51:37] their technical headcount in 2023.
[00:51:40] So what we've talked about in the past, they've they've
[00:51:44] reduced tech in one place and added tech in another place.
[00:51:48] Right.
[00:51:49] When they're looking at it, they're like a total headcount.
[00:51:52] You had so many people in tech before you have so many
[00:51:54] people in tech now they might be doing different jobs.
[00:51:57] So the two points that I want to kind of bring out is is
[00:52:01] the domains prioritized for staffing cloud DevOps
[00:52:06] security cybersecurity.
[00:52:08] AI ML the AI ML is what 43% which I kind of shocked me.
[00:52:12] I thought that would be higher.
[00:52:15] So I think that I want to look at a look at that number next
[00:52:18] year and see that probably more in the 80s.
[00:52:21] But they also talk about cross-skilling and upskilling are
[00:52:25] the key strategies for technical talent management.
[00:52:28] Yeah, so here you've got someone that's been trained
[00:52:31] classically trained in Java.
[00:52:33] Okay.
[00:52:34] How do we get them to understand AI?
[00:52:36] And right now.
[00:52:38] So yeah, we can let them go and then go try and find
[00:52:41] that person.
[00:52:42] Good luck.
[00:52:43] We can upskill and re-skill them into that position
[00:52:48] and cross-skill them.
[00:52:49] All you have to do is pay them a training rate and take
[00:52:52] away their incentives and they'll be perfect.
[00:52:54] Nice.
[00:52:55] Sorry.
[00:52:56] The circle is completed.
[00:53:00] Yeah.
[00:53:01] So anyhow, so yeah, this guy's not following.
[00:53:04] No, it's not.
[00:53:05] I think it's important for people to understand it.
[00:53:10] I think people in our circle, the industry, right?
[00:53:14] Right.
[00:53:15] They get it.
[00:53:16] They're like, yeah, we're good.
[00:53:18] I'm thinking like friends, family, neighbors.
[00:53:22] There's like, oh my God.
[00:53:24] Don't go in the tech.
[00:53:26] Did you say, yeah.
[00:53:27] Don't go in the tech.
[00:53:28] Oh, that's horrible.
[00:53:29] Yeah, you're not losing your job.
[00:53:31] You're just going to move over here.
[00:53:33] That's right.
[00:53:34] Go get this.
[00:53:36] They're companies paying for certifications.
[00:53:38] They're paying for the training.
[00:53:40] By the way, you're still getting your entire salary to be trained,
[00:53:44] right?
[00:53:45] Which clearly is not the case everywhere.
[00:53:47] Move over and get the new skills and you'll be relevant
[00:53:50] for the next 30 years.
[00:53:51] It'll take you into retirement, right?
[00:53:53] This is kind of like your veteran contract goal for it.
[00:53:56] Enjoy it.
[00:53:57] All right.
[00:53:58] Let me throw another one at you.
[00:54:01] This comes from ScienceDirect.com.
[00:54:04] Robots, meaning and self-determination.
[00:54:07] Robots can make jobs less meaningful for human colleagues.
[00:54:14] So read this report.
[00:54:17] Fascinating.
[00:54:18] So because it's talking about the meaning of work,
[00:54:22] which we don't talk about all that often.
[00:54:24] So what is the meaning of work at its core?
[00:54:28] Is it better with automation or is it less meaningful?
[00:54:31] As we think about the future of work,
[00:54:35] we should probably be considering the future of meaningfulness.
[00:54:40] So this is just one of these reports that kind of gets you to think.
[00:54:44] Again, it's sciencedirect.com.
[00:54:47] And it's just kind of like, I don't think we think about
[00:54:52] meaning and work.
[00:54:53] I don't think we have a shared idea of what that means.
[00:54:57] Maybe it changes.
[00:54:58] Maybe we'll never have something like that.
[00:55:00] But they were talking about as automation, as robots, as AI takes over
[00:55:05] different parts of this that human beings then feel like their jobs are less meaningful.
[00:55:13] So what do we do in nature?
[00:55:15] What do we do in recruiting?
[00:55:16] What do we do in leadership to change that?
[00:55:19] How do we create meaning and work while these other technological changes are happening?
[00:55:26] So cool report.
[00:55:28] Go check it out.
[00:55:30] I think I'm going to read this one, but I'm already annoyed by it.
[00:55:36] I just won't be honest.
[00:55:37] I'm kind of like, you know, this is like Jesus, you want to roll with an extra dollar.
[00:55:46] Speaking of which, again, I know what I'm going to cut the the stove and tap out,
[00:55:51] put it on their page.
[00:55:53] Then there's another.
[00:55:54] I love the East End.
[00:55:55] We are the trivia spot every Wednesday.
[00:55:57] They sponsor the swim teams.
[00:55:59] Fantastic.
[00:56:00] Love you all.
[00:56:01] But if you want lettuce and tomato and onion on your sandwich, on your burger, it's a dollar
[00:56:07] per dollar for a dollar.
[00:56:09] Don't give you the burger like you'll get the burger.
[00:56:13] You say, oh, you say, oh, can I have lettuce tomato onions with that?
[00:56:16] It's a dollar for each.
[00:56:18] I get it.
[00:56:19] Just raise the price at a fucking burger.
[00:56:21] My wife, I don't want to pay for that.
[00:56:23] My wife, 100 years ago, she toured a lettuce factory in Monterey.
[00:56:29] I didn't even know that.
[00:56:31] So it's a processing part.
[00:56:35] So so it's so many picks and they grow outside.
[00:56:38] Yes, that's true.
[00:56:39] But they get processed.
[00:56:41] Yeah.
[00:56:42] Inside and it's, I mean, it's chemical like it's super clean.
[00:56:47] You know, one of those bits.
[00:56:49] And I had a little assistance years ago ahead of the lettuce was less than a cent.
[00:56:56] So think about they're charging a dollar and you're getting one, maybe two pieces of
[00:57:04] lettuce.
[00:57:05] Yeah, that's not even a fraction of a penny.
[00:57:08] That's that's insane.
[00:57:10] And I brought my own.
[00:57:11] I'm not lying.
[00:57:12] I had it in a Ziploc bag.
[00:57:15] I caught the burger.
[00:57:17] I took out my lettuce tomato and onion.
[00:57:19] And I was solid.
[00:57:21] You shouldn't have told people that.
[00:57:24] Oh, no.
[00:57:25] Oh, no.
[00:57:26] I went there.
[00:57:28] I did.
[00:57:29] It was hilarious too.
[00:57:30] What's trying to be funny?
[00:57:32] I was actually like, yeah, not people bring stuff into the theater.
[00:57:36] It's just like, it's gonna be $13.
[00:57:39] Yeah.
[00:57:40] You want a $9 box of M&Ms that dollars are as them for $1 25.
[00:57:45] No, I'm good.
[00:57:46] I'd love to actually go to Costco and buy a bunch of stuff and then just like be in a
[00:57:51] theater, sell it inside the theater.
[00:57:54] It's a dollar.
[00:57:56] You guys are here.
[00:57:58] Great.
[00:57:59] I guess.
[00:58:00] But I'm going to I want to look into this report.
[00:58:04] It's interesting because I actually think the opposite of this again, my I'm the
[00:58:09] opposite view here.
[00:58:10] I think I feel that the automation and machines, all that stuff will allow me to get to my impact
[00:58:19] quicker, especially in a mission driven company.
[00:58:23] If I can produce more, if I can produce it better, if I can, if I can preserve the
[00:58:29] quality myself by reviewing that.
[00:58:32] And I know that more people can get whatever it is that my mission's behind.
[00:58:37] I think a lot of this comes down to communication and being architected in a certain way.
[00:58:45] So if you're architected in a certain way, people feel that it's like, Hey, listen, you're
[00:58:51] going to have more meaning at work because of this.
[00:58:55] Right?
[00:58:56] Right?
[00:58:57] It's not architected that way.
[00:59:00] Some people are going to feel left out and they're going to feel like, Yeah, what
[00:59:03] matters?
[00:59:04] Yeah.
[00:59:05] Yeah.
[00:59:06] Yeah.
[00:59:07] Look, there's companies out there.
[00:59:09] They do socks by one.
[00:59:10] They give one away to chat to chat.
[00:59:12] Right?
[00:59:13] Yeah.
[00:59:14] Same thing.
[00:59:15] All right.
[00:59:16] So I've got one about this is interesting and I kind of, I understand both sides here.
[00:59:23] Okay.
[00:59:24] So this is about Hispanic, Latino, Latina employees reporting that the pressure to
[00:59:32] relate to work is basically breaking them and it's just ridiculous.
[00:59:39] And so there's a whole bunch of numbers.
[00:59:42] They did it.
[00:59:43] The sample size is only 2,400 people.
[00:59:45] That's enough.
[00:59:47] Yeah.
[00:59:48] It's plenty to go through.
[00:59:50] And essentially it's, and I'm not going to, I don't want to read the actual
[00:59:55] numbers here because this is one of those things where I can see both sides,
[01:00:00] somebody saying, look, you're in America, speak English.
[01:00:04] Right?
[01:00:05] Yeah.
[01:00:06] What are they defined as a similar?
[01:00:08] What's the definition of a similar?
[01:00:10] So culturally language, the way that they talk, the presentation, clothing, like all
[01:00:17] of that in the workplace.
[01:00:19] Right?
[01:00:20] And so it kind of, I got a little bit triggered here.
[01:00:22] I'm not going to lie.
[01:00:23] Not going to lie.
[01:00:24] I don't like calling customer service and not having someone that I can communicate
[01:00:31] with easily.
[01:00:32] Yeah, yeah, fair.
[01:00:34] But that doesn't mean they have to learn our language.
[01:00:38] Well, I think technology changes all this stuff in the future where you talk in their
[01:00:43] language.
[01:00:44] The other person here is an air language.
[01:00:46] So I think some of this is just the moment in time.
[01:00:49] Why should you not be able to wear your traditional garb?
[01:00:53] Again, it's not mine.
[01:00:55] I don't.
[01:00:56] I think when you deal with cultural identity issues, if you want the whole person to
[01:01:01] be at work, you accept the whole person at work, whatever that may be.
[01:01:06] If we're just talking about language, there's an easy fix now and on the
[01:01:13] horizon.
[01:01:14] If it's deeper than that, you get into more cultural identity issues.
[01:01:19] Then that's harder.
[01:01:20] And I don't think anybody should be forced to assimilate.
[01:01:23] No, I think and again with English as a language being an American.
[01:01:29] Yeah, fair.
[01:01:30] Other than that, it makes it easier to operate in the organization.
[01:01:35] I get it.
[01:01:36] But that doesn't mean I can't work with you because you're wearing traditional
[01:01:41] garb or a turbine or something.
[01:01:43] It doesn't make any sense to me.
[01:01:44] Like, I don't know.
[01:01:45] It was one of those ones that I know exists.
[01:01:48] Those things that exist.
[01:01:49] Oh, yeah.
[01:01:50] It kind of got on to me because there was a conversation.
[01:01:53] It was a comment and it was one of those.
[01:01:55] I wrote it, deleted, wrote it, deleted, wrote it, deleted.
[01:01:58] I just fucking deleted it.
[01:02:00] It was about sports.
[01:02:02] Facebook keeps track of all that.
[01:02:04] Probably does.
[01:02:06] No, they do.
[01:02:07] Somebody had made a comment that so and so should learn the language.
[01:02:13] It was about it was all.
[01:02:15] It was about the film and I'm like, why does he need to learn the
[01:02:18] language or paying him $20 million a year?
[01:02:20] He should learn English.
[01:02:21] Why?
[01:02:22] They should probably not be gambling.
[01:02:24] My response.
[01:02:25] I was trying to come up with a response like, you know what?
[01:02:30] I don't need to be that guy.
[01:02:31] But how many American ball players basketball, baseball, et cetera,
[01:02:36] soccer go to other countries and play because they couldn't
[01:02:40] make it in the in the national leagues here.
[01:02:42] Right.
[01:02:43] They don't learn.
[01:02:44] They don't learn Mandarin.
[01:02:46] They don't learn Russian.
[01:02:47] No, they have a translator.
[01:02:49] They have a translator.
[01:02:50] Yeah, I whatever.
[01:02:52] All right.
[01:02:53] I'm done.
[01:02:54] Go ahead.
[01:02:55] All right.
[01:02:56] The 2024 workplace trends on the minds of HR leaders
[01:03:00] everywhere.
[01:03:01] So this is peoplemanagingpeople.com.
[01:03:04] What I love about this report is it highlights specific HR
[01:03:10] leaders and their thoughts.
[01:03:12] So a lot of these reports sometimes are generalized.
[01:03:15] It's like 32% of so-and-so believe this is actually Sally
[01:03:20] at General Mortars, the chief people officer thinks this.
[01:03:25] So it's actually, it's really worth downloading to see
[01:03:29] what they think the trends are.
[01:03:31] I don't think the trends are going to be super shocking.
[01:03:34] I think it's stuff that we probably already know.
[01:03:36] However, what I love about this type of report is it's just
[01:03:41] you can identify the person.
[01:03:42] And then if you agree with them, then that's great.
[01:03:45] If you don't, that's great as well.
[01:03:46] But they're not hidden.
[01:03:48] They're not hidden.
[01:03:49] Go look them up on LinkedIn and tell them you love them or hate them.
[01:03:52] I like that.
[01:03:53] Are we ready to talk money?
[01:03:55] Let's talk money.
[01:03:56] See, we got some money.
[01:03:58] Ripley is just tearing it up.
[01:04:04] So the company is F.
[01:04:06] They take another $870 million at a 13 and a half billion
[01:04:14] valuation.
[01:04:15] Right.
[01:04:16] So for those that aren't familiar with Ripley,
[01:04:18] it's onboarding, payroll benefits, vacation tracking,
[01:04:22] solution, fantastic company, a ton of customers.
[01:04:26] Last year they had 500, they took $500 million, 11 billion,
[01:04:32] 11 and a quarter.
[01:04:33] So anyway, the fund, they're looking to expand internationally.
[01:04:37] And so in the small, medium-sized business area,
[01:04:40] that's what they're planning to use to fund.
[01:04:42] They also, which is really interesting for me on this,
[01:04:46] they secured an office space 125,000 square foot.
[01:04:51] So this isn't, you know, 25, yeah, this isn't 25,
[01:04:56] you know, cubes in an office or a rework somewhere.
[01:04:59] Ten floors.
[01:05:00] This is, yeah, this is a big, this is a big,
[01:05:04] a big commitment here.
[01:05:06] So I'm excited to see where it goes.
[01:05:08] These guys have grown and their customer base is massive
[01:05:11] and they're going to do good things.
[01:05:13] So let's just make sure this is not a done deal.
[01:05:16] This is there in talks, which means...
[01:05:18] Yes, sorry.
[01:05:19] Yeah.
[01:05:20] So we just don't want people to think, oh shit,
[01:05:25] it's done.
[01:05:26] I didn't get in on that thing.
[01:05:28] No, they're really what they're doing is this is the roll-up.
[01:05:31] This is not a roll-up.
[01:05:32] This is the lead up to IPO.
[01:05:35] And that's what's next for them.
[01:05:38] I wish Rippling, the only thing I could say about Rippling
[01:05:41] is I wish they did more stuff in our industry.
[01:05:43] They don't really do a lot in our industry.
[01:05:46] They're kind of like a zip recruiter in that sense.
[01:05:50] They're more of a business to consumer play
[01:05:52] and they don't do a lot of stuff in HR tech
[01:05:54] or work tech or whatever.
[01:05:56] So I just wish they did more stuff with us.
[01:05:58] Other than that, great company like said and good for them.
[01:06:01] Yeah.
[01:06:02] Getting 10 floors and 130,000 square feet.
[01:06:05] Fantastic.
[01:06:06] I mean, happy for people.
[01:06:08] And that the...
[01:06:10] I believe the leader of Rippling used to be the leader
[01:06:14] at another company.
[01:06:16] I can't remember his name, but like Xenophis,
[01:06:19] I think he started Xenophis.
[01:06:21] But again, in fact, I've got it for the folks.
[01:06:25] All right.
[01:06:26] We're going to burn through these.
[01:06:28] Upstage, Rage is $72 million.
[01:06:32] Upstage offers document processing solutions
[01:06:35] to help businesses enhance their work efficiency.
[01:06:38] This was built in San Francisco.com.
[01:06:41] So you can just put upstage.
[01:06:43] It's a big round.
[01:06:44] So a B round, $72 million and a B round,
[01:06:47] that's a commitment.
[01:06:49] So think of what they're doing is AI
[01:06:52] and document management.
[01:06:54] The whole idea is to create efficiency for employees.
[01:06:57] Good for them.
[01:06:59] A big round.
[01:07:01] So go take a look at that.
[01:07:06] All right.
[01:07:07] Next one is Nectar announces 40 million in a Series B.
[01:07:11] And it's kind of a commitment to expand their culture platform.
[01:07:17] So you can find this out at NectarHR.com.
[01:07:21] I like the name Nectar.
[01:07:23] So first of all, I actually like the brand and the name.
[01:07:26] Kind of make me thirsty when you said it.
[01:07:29] It's the nectar of the gods.
[01:07:31] So cultural foundation is built on recognition.
[01:07:34] So think of culture and recognition coming together.
[01:07:38] And so because it's new, it's going to be newer technology.
[01:07:43] But it's also, I think it's going to be aimed at younger generation.
[01:07:47] They don't say that explicitly in their press release.
[01:07:50] But that's kind of what I'm thinking, what they're going to do.
[01:07:54] I think they're in Oregon, Utah.
[01:07:56] That's I think that's where they're based.
[01:07:58] So anyway, take a look at their press release.
[01:08:01] NectarHR.com.
[01:08:03] All right.
[01:08:04] Carloop, Carloop, Carloop, Carloop.
[01:08:07] Carloop.
[01:08:08] I'm going to say Carloop because it's caregiver stuff.
[01:08:11] So Carloop secures 20 million in Series C.
[01:08:14] That's a smaller round to accelerate growth and expand.
[01:08:18] Caregiving support solutions for businesses as well as others.
[01:08:22] So you can find out on Carloop that's Carloop.com.
[01:08:27] It's in our press section.
[01:08:29] So the thing that is important to note about this other than just following the money.
[01:08:35] Is that aging population, employers need to add more benefits.
[01:08:40] Caregiver benefits, specifically caregiver benefits.
[01:08:43] So, you know, this is just one of those deals like these types of companies that are coming in and adding more of these types of benefits.
[01:08:52] They're on their own arise.
[01:08:53] They're going to get more money and we're going to see more of them.
[01:08:55] So good luck.
[01:08:56] Good for them.
[01:08:57] Carloop.
[01:08:58] All right.
[01:08:59] Three more.
[01:09:00] Paraform.
[01:09:01] Balance and throne.
[01:09:02] Dude, just roll them.
[01:09:04] That's what we do.
[01:09:05] So Paraform, P-A-R-A-F-O-R-M.
[01:09:09] Secures 3.6 million in seed funding, which by the way, that is a large seed round,
[01:09:16] especially in today's climate to revolutionize recruitment for startups.
[01:09:22] Found this on DHRmap.com.
[01:09:26] And so you go there and you're going to search for Paraform and you'll find it super easy.
[01:09:32] However, this is what's fun for me is this is the first time I've seen a rec tech play exclusively focused on startups.
[01:09:43] And like startups have a different way to hire if they're under different stress, they need something different like that.
[01:09:50] It's all different.
[01:09:51] Yeah.
[01:09:52] The whole theory behind it, the thesis behind it is fascinating to me.
[01:09:56] So I think it's just going to be fun to kind of watch again.
[01:09:59] 3.6 in a seed at some people's A round.
[01:10:05] So that's good for the good luck to them.
[01:10:08] And I want us to watch them just to kind of see how they develop their ecosystem and develop their technology around startups.
[01:10:16] So cool.
[01:10:17] Good for them.
[01:10:20] Take 2 AI.
[01:10:22] You are going to love this sales recruiting platform raises $3 million.
[01:10:28] So this was at a pulse to number 2.
[01:10:32] So pulse to calm.
[01:10:34] So you go find out more about that.
[01:10:36] I love this play because what it does is it does AI job simulation for sales recruiting.
[01:10:43] Right.
[01:10:44] So, so now we feel like you want to hire you.
[01:10:48] Yeah.
[01:10:49] But AI based.
[01:10:51] Yeah.
[01:10:52] But for sales people, it's great because it's an objection response.
[01:10:55] Right.
[01:10:56] Well, I have the budget.
[01:10:57] Well, you know, you've got to be able to AI is just generating those things, things and you've got to overcome it.
[01:11:02] Now we put that on the front end like an assessment.
[01:11:06] So you go through we're going to hire as BDR.
[01:11:10] Take can you can you handle this rejection management, but they didn't say this in their press release.
[01:11:16] But I could see this actually being used for recruiters.
[01:11:21] In the same much the same way because recruiter assessment.
[01:11:25] Right.
[01:11:26] Yeah, right.
[01:11:27] So yeah, so it's job simulation.
[01:11:29] Like I love I love job simulations because again, it lets the applicant and the company know is this a good idea?
[01:11:36] Yeah, there there's a lot of there.
[01:11:39] There's a lot of jobs that could benefit from a simulation.
[01:11:45] There was one.
[01:11:46] This is a long time ago.
[01:11:47] I forget.
[01:11:48] I forget the company.
[01:11:50] They were using Oculus to do mining.
[01:11:54] It is a long time ago.
[01:11:55] Yeah, yeah.
[01:11:56] The problem is they hard people to find find they find them.
[01:12:01] They get into the little mining cart and go right into the mine and they freak out.
[01:12:07] Oh, yeah.
[01:12:08] It's not it is like, you know, like, yeah, turns out it's dark.
[01:12:12] Turned out as dark.
[01:12:14] You're in a two foot thing.
[01:12:15] You're like in a MRI shell going all the way to.
[01:12:18] Yeah.
[01:12:19] And so, so they started to use Oculus back at this time to simulate that and it cut out all
[01:12:27] of the people coming in and leaving the same day.
[01:12:32] So yeah, I could totally see this as a recruiter thing.
[01:12:35] You know, I don't know how realistic it could get today, but speaking of MRIs when I was
[01:12:42] in my undergrad, I was broke.
[01:12:44] I totally thought you were when you were in your underwear, but it's all good.
[01:12:47] Well, true.
[01:12:48] So when I was in my undergrad and underwear, so I did a bunch of medical studies for money.
[01:12:55] And one of them is a longitudinal study is I did it almost the entire time I was in
[01:13:01] school.
[01:13:02] And it was basically how long can you stay in an MRI machine?
[01:13:06] So what I would do is go out and get hammered.
[01:13:14] It's just where the pill addiction happened.
[01:13:20] So great because after so much time in the MRI machine, you start to lose that.
[01:13:29] Like you start to see stuff and I can't even get in.
[01:13:33] I try great.
[01:13:35] Man is so awesome.
[01:13:37] They paid like $40 an hour.
[01:13:39] Like I'm like, I'm gonna say this bitch for like hours.
[01:13:42] Yeah, no, there's nothing I can do cash money.
[01:13:45] All right, we got one last funding.
[01:13:47] All right, take it home for us wage stream raises 17.5 million pounds.
[01:13:56] I have to say that is pounds heavy sterling to enhance financial services for frontline
[01:14:02] workers.
[01:14:03] So really what you need to do is this is at FinTech global and you go find out more
[01:14:08] about it.
[01:14:09] But think we're earned wage access in the United States and other types of benefits for
[01:14:15] hourly employees.
[01:14:16] So all kinds of financial wellness types of benefits.
[01:14:19] This right now they're mostly in the UK and the investment came came from in UK
[01:14:26] investors, British investors in particular.
[01:14:28] But you can see this coming to I think they have a little small presence in Spain
[01:14:33] and small presence in the US.
[01:14:35] But you can see that this is what they're going to do is just they're gonna focus on
[01:14:39] the frontline worker and build more and more, you know, financial wellness,
[01:14:44] wellness and financial services around them.
[01:14:46] So good for them 17 and a half million pounds, which I think is about 21
[01:14:52] million.
[01:14:53] Yeah, I don't know.
[01:14:54] So I'm on there.
[01:14:55] I have no clue on the conversion.
[01:14:57] I'm guessing.
[01:14:59] Yes, it could be 12 right?
[01:15:02] It could be 12.
[01:15:03] You never know.
[01:15:04] So a lot of funding this week.
[01:15:06] I came with one, you came with 97 so we let you know.
[01:15:10] We'll keep track.
[01:15:12] That's all we do.
[01:15:14] We're keeping track.
[01:15:15] I know you didn't mention a previous episode though.
[01:15:19] So I think this is success.
[01:15:21] This is a good Sunday for I will take a win when I get it and I did a
[01:15:26] little bit of research to make sure none of my stuff was in the
[01:15:30] documents from previous weeks.
[01:15:32] Yeah, it worked out.
[01:15:34] So thank you all for listening, for watching.
[01:15:39] If you see us out there say hello, otherwise have a wonderful
[01:15:43] start to your week.
[01:15:45] We'll see you next time.


