In today's episode, I speak to Anna Maybank, co-founder of Break Room, a platform with a mission to improve working conditions for low-income jobs by creating transparency, sharing salaries, working conditions, and employee ratings publicly. Break Room has raised more than 7 million dollars in funding from the likes of Pro-founders Capital and North Zone, has about 65,000 members, and more than 600,000 jobs rated on its platform.
EPISODE HIGHLIGHTS
- [00:32] Anna’sPersonal Journey
- [03:45] Anna’s Founder’s Journey
- [06:27] How Anna started Break Room (Identifying the biggest problems that need solving)
- [08:40] How Break Room works
- [10:35] Break Room's Core Business Model
- [11:39] How Break Room is working toward solving the societal divide
- [15:14] Is the treatment of frontline workers improving?
- [17:37] How Break Room is incentivizing companies to make positive shifts in worker pay & job flexibility
- [20:16] Biggest lessons in Anna's journey as a founder
- [23.46] Importance of face-to-face conversations when collecting feedback
- [25:01] Big Room's main role in the recruitment industry
- [27:46] Break Room's 10-year vision
KEY LESSONS & QUOTES
- “We started Break Room from the perspective of ‘What’s the biggest problem we could try to solve?’ Then talked to lots of people who had the problem that we cared about” [06:43]
- “Don't just seek to solve problems that you’ve personally experienced. Go beyond that & listen to others” [08:52]
- “77% of people who use Breakroom tell us that their head office doesn't understand what's going on on the front line; just a reflection of the divide” [13:08]
- "Pay is a huge problem. 70% of those who took our survey say that the cost of living increase is the main factor in them looking for a new job" [13:39]
- "45% of people who use break room report that they get their schedule for work less than a week before they do that work. That makes organizing your life incredibly hard" [14:14]
- “In the future, I want to see us being able to prove that a company with a higher Break Room rating, with data that shows they are a better quality employer, is able to map that to better financial results and better financial outcomes for a company.” [19:33]
- "Better quality jobs result in better business outcomes.” [19:50]
- “Always remember to keep talking to the people who are using your product.” [20:40]
- “Companies need to realize that, the quality of jobs matters for the health of their business.” [26:17]
- “The future will see businesses start to value and measure the impact of the quality of their jobs in terms of improving business performance” [28:01]
- “Break room will be one of the sources of information & data that proves that better quality jobs are not just better for workers, but also for companies.”
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