February 10, 2024

Deepfake scam, Employee Theft causes $50bn in damages, and Employee right to disconnect

52 minutes

Summary

In this conversation, William Tincup and Ryan Leary discuss various topics including the hiring of Marisa Kacary at Wilson HCG, the high percentage of American workers actively looking for new jobs, the right to disconnect in Australia, the increase in office occupancy in the US, the hidden cost of employee theft, the flight risks of high performers and millennials with strict return to office mandates, the importance of financial wellness in the workplace, and the embedding of generative AI in Oracle and ADP Assist. In this episode, William Tincup and Ryan Leary discuss various topics in the HR technology space.

They cover technology for payroll and reporting, the strategic partnership between Workday and InSperity, funding news for Compa, the importance of offer letters and pay equity solutions, Paycom's global expansion, SpaceX facing retaliation claims, a deep fake scam in Hong Kong, Talent Tech Labs' ecosystem graphic, and Acadian Ventures Fund 2.

Takeaways

The hiring of a CMO at Wilson HCG is a significant move that puts the industry on notice.

30% of American workers actively looking for new jobs indicates a lack of loyalty to employers.

The right to disconnect is an important consideration for companies to prevent employee burnout.

The increase in office occupancy in the US is a positive sign for the economy.

Employee theft is a significant issue that can cost businesses billions of dollars.

Strict return to office mandates may lead to the loss of top talent.

Financial wellness programs are crucial for supporting employees' financial health.

The embedding of generative AI in Oracle and ADP Assist shows a focus on innovation in the HR tech space. Technology can handle tasks like payroll and reporting, freeing up human resources for more strategic work.

Workday's partnership with InSperity shows their commitment to serving small and mid-sized businesses.

Compa's funding round will enable them to further develop their offer letter and pay equity solutions.

Paycom's global expansion demonstrates their ambition to serve a wider market.

The deep fake scam in Hong Kong highlights the need for vigilance and verification in the age of AI.

Talent Tech Labs' ecosystem graphic provides a comprehensive overview of the talent management tech market.

Acadian Ventures' funding of early-stage work technology companies indicates the direction of the future of work.

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Chapters

00:00 Introduction to the Barf and the Week in Review

00:52 Discussion on Marisa Kacary's Hiring at Wilson HCG

02:12 Importance of Hiring a CMO at Wilson HCG

03:23 30% of American Workers Actively Looking for New Jobs

04:00 The Right to Disconnect in Australia

05:46 Increase in Office Occupancy in the US

06:24 The Need for Multi-Use Space in Commercial Real Estate

07:24 The Hidden Cost of Employee Theft

09:20 Flight Risks of High Performers and Millennials with Strict Return to Office Mandates

11:49 The Importance of Financial Wellness in the Workplace

13:15 Oracle's Embedding of Generative AI and ADP Assist

37:29 Technology for Payroll and Reporting

39:00 Workday and InSperity Partnership

40:08 Funding News: Compa

41:01 Compa's Offer Letter and Pay Equity Solutions

43:38 Paycom's Global Expansion

44:19 Paycom's New CMO

45:52 SpaceX Faces Retaliation Claims

46:48 Deep Fake Scam in Hong Kong

48:10 Talent Tech Labs' Ecosystem Graphic

48:54 Acadian Ventures Fund 2

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By WRKdefined