Conversations about what an hour is worth

Having Scott on your show

Scott Dedels is the author of What Is an Hour Worth? Work, Money, and the Value of Human Time and of three working papers on Temporal Compensation Theory, the first two posted to SSRN. Scott has spoken on the subject at DisruptHR Kelowna. Scott is also the founder and chief executive of Block Rewards, a Canadian workplace benefits company, an interest disclosed in every conversation.

The material fits HR, total rewards, benefits, personal finance, economics and leadership audiences. It does not require the audience to have any interest in Bitcoin.

Topics

1. What is an hour of your life worth?Why compensation measures pay on the day it leaves the employer, and almost never on the day it is needed.
2. The pension disappeared. The job did not.Who now carries the value of work across forty years, and how that job ended up with every household.
3. The Executive ExceptionCompensation committees think rigorously about time for five people and benchmark the number for five thousand.
4. Two people earning $50,000Inflation, the nominal paycheque, and why a raise can feel smaller than the number on the letter.
5. Money as a design variableWhat the money pay is denominated in does to everything downstream, including an honest account of where Bitcoin fails the tests.

Questions that make for a good conversation

• When did you first notice that a paycheque does not end at payday?
• What did the defined benefit pension do that nobody noticed until it was gone?
• If you ran HR at a 500-person company, what would you change on Monday?
• You run a company with a stake in one answer. Why should anyone trust the analysis?
• Where is the theory weakest?