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After Hours

Let’s Talk About Your Salary, Shall We?

After Hours

TED Audio Collective / Youngme Moon, Mihir Desai, & Felix Oberholzer-Gee

Hbr, Business/investing, Ideas, Mba, Economics, Professor, Business/management, News/business News, Management, News, Presents, Finance, Faculty, Harvard, Business

4.81.4K Ratings

🗓️ 9 March 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

Sarah, Felix and Mihir discuss the new laws that require greater salary transparency. Is this a good idea? Will pay increase or decrease as a result? Who will benefit most? We also debate the surge in activist investing. Why do activists now resemble private equity investors?

Transcript

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0:00.0

Hey, it's Adam Graham. The new season of my TED podcast Work Life is out now. The

0:12.5

past few years have been full of changes to how we work. There's so much more we can

0:16.7

rethink about our jobs. Join me as I dive into the science of making work not suck.

0:22.8

This season we'll explore how to fix your meetings, bust bureaucracy, and make the most out

0:27.3

of your breaks and vacations. Listen to Work Life with Adam Graham wherever you listen to podcasts.

0:45.6

Hello, everyone. You're listening to After Hours. I'm Felix. I'm Me here. And I'm Sarah.

0:50.1

We're back. Yes. Actually, I just got back from a trip, which was so incredible. I can't

0:56.3

begin to tell you how amazing it was to be some place else. I happen to go to Nashville as

1:03.0

a city. I don't know that well to begin with. And so lots of discover, lots to see. And just

1:08.7

the idea of leaving the place where you live, it is really incredible. It's something else.

1:14.2

Have you traveled much? I also recently took my first working kind of trip and it was great.

1:19.9

Although I will tell you a little bit of a rookie move I discovered, which is I realized that I

1:24.1

forgot some basic things. So woke up in the morning in my hotel and didn't have a comb.

1:29.8

And I thought to myself, this is what happens when you don't travel for work in a long time. You

1:34.3

make some big rookie mistakes. I am totally with you on that. I have just booked my first work trip

1:40.3

in two years. And it took me like three hours to book it. All right, well good. So what do we have

1:49.2

today? Sarah, what do you got? So I have brought the topic of salary transparency. There's a couple

1:54.8

new laws bubbling up that might mean that we have no choice but to learn what each other earn.

1:59.8

And a lot to begin to there. Super interesting. What did you bring me here? Well, there's been a

2:05.0

little bit of a renaissance of activist investing and some changes in that model. And I kind of

2:12.0

wanted to get your take on what you think about activist investing and what you think about these

2:16.2

changes. Wonderful. Let's get to it. So we hear activist investors will so they've kind of come

...

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