Charter Co-Founder & CEO Kevin Delaney joins Yahoo Finance Live to discuss inflation, the labor market, and the NYC pay transparency law.

Video Transcript

- It's a down day across the board. The Dow down by 920 points right now, 2.7% we'll round that off to at this hour. The S&P 500 also lower by 3.4%. And down right now, more than 4%, is the NASDAQ composite. You're seeing declines there racking up to the tune of 560 points. We're keeping a close eye on this as we move on throughout the rest of today's session. The deep declines continuing in what we've seen early here in 2022, Akiko, and so we'll continue to keep that in focus for our viewers.

But as of right now, we've got to get to our next guest as well. Job role, location, experience, and competitive market rates. There are just a few factors that shape compensation. And so now some new mechanisms are being enacted for salary transparency, some hybrid work considerations, and all of this as inflation outpaces that wage growth that we've been tracking, too. Kevin Delaney, who is the co-founder and CEO of Charter joins us now with more on this. And Kevin, let's just set the scene, first and foremost. Help us lay out wages in comparison to inflation, and where this plays into the broader employee-employer relationship.

KEVIN DELANEY: Yeah, so we're at the period where there are a bunch of different crosscurrents that employers are having to navigate right now. One of them, as you mentioned, is inflation. So...

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