The startup letting AI loose on staff pay
Mumbrella deep dives with the founders of Evenbetter, a startup building an analysis platform for in-house employee pay. On the eve of International Women’s Day, they say it’s time to replace the vibe about pay gaps with the facts.
Sorrel Kesby and Ayal Steiner are remarkable people. Remarkable people do interesting things.
In this case, Kesby and Steiner are building a tech platform designed to dissect and analyse what almost every company agrees is their most important asset: the humans who work there.
“I have always been at a loss as to why we spend huge amounts of time in business looking at the P and L and all of the [financial] stats … and then our most important and crucial resource, being humans, are left to quasi science,” says Kesby, a media and tech executive with long-time experience in data-driven businesses.
The real question isn’t why women are not being paid the same as men, but why women are predominantly in entry or base-level positions while at the same time being in the majority of university graduates. The likely answer is that taking on unpaid care work (raising children) forces us to reduce work hours or temporarily put the career on hold. So if this AI isn’t promoting men taking time off work and working part-time to participate in care duties equally to women, it will not improve gender pay gap issues within companies.