4.4 • 1.1K Ratings
🗓️ 5 September 2023
⏱️ 40 minutes
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0:00.0 | The earlier |
0:05.0 | is because you have consistency, the stronger and healthier your company is |
0:08.0 | because you have consistency, not fairness, consistency. |
0:11.0 | You need to own the philosophy that you believe will drive the kinds of outcomes that you want as a company. |
0:16.0 | There is a top 10% of your organization that isn't just the best performer, but they're critical. |
0:22.0 | What I mean by critical is if they left |
0:24.4 | tomorrow something stops working. Ultimately these laws are forcing companies to |
0:30.3 | put the kind of infrastructure in place that a manager can use as the backstop. |
0:35.0 | Sometimes the back to the matter is we might agree to disagree. |
0:39.0 | Starting in 2016, states started enacting laws requiring employers to post their pay ranges. |
0:45.8 | And now at least 10 states require it, amounting to over a quarter of the U.S. labor force covered |
0:51.6 | by salary transparency legislation. |
0:54.8 | And with these recent landmark changes, many companies are playing catch-up. |
0:59.6 | So in this episode we'll explore how companies are reacting, misunderstandings that exist |
1:04.1 | around these nascent laws, and how companies can best prepare themselves to not just |
1:08.6 | survive but thrive in this new environment. And today we're joined by Shannon Schultz operating |
1:13.9 | partner leading A16Z's people practices team and Brandon Cherry partner on the |
1:18.6 | same team. Let's get started. As a reminder, the content here is for informational purposes only. |
1:26.0 | Should not be taken as legal, business, tax, or investment advice, |
1:29.0 | or be used to evaluate any investment or security, |
1:31.0 | and is not directed at any investors or potential investors in any |
1:34.5 | A16, Z fund. Please note that A16Z and its affiliates may also maintain investments |
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