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Inflation + market fear is driving weird decisions around pay equity right now.
4 things I’ve seen in the last month. Some good. Some not:
I’ll be honest: I don’t have the answer here.
On one hand: the “recession” talk warped our brains. Nothing about high inflation, negative GDP but low unemployment (to the point of a labor shortage) makes sense. Trying to apply traditional labels to a market no one has seen before is silly. Square pegs in round holes.
Regardless: it’s in everyone’s head.
On the other hand: it’s not like businesses make decisions solely on media and social chatter. Business dynamics shifted real damn quick. Salary inflation in 2021 followed by a pull back in the tech sector whipsawed companies.
Some have the money to keep up. Some don’t. There’s no easy answer.
????But I promised you it’s never underpaying people.
Partner at Hirewell. #3 Ranked Sarcastic Commenter on LinkedIn.
In this episode of Beyond the Offer, hosts Rosanna Snediker and Bill Gates welcome Katie Stapor, VP and Director of Talent at FCB Chicago. Katie shares her journey at FCB, where she started in 2011 and earned seven promotions. She reflects on her unexpected path into HR, the power of relationships, and the ever-evolving workplace. The conversation covers adapting to business demands, innovative internship recruitment, transitioning from recruiting to HR, and the value of in-person training and mentorship. Katie also offers career advice for new graduates and insights into the shifting job market.
Episode 11