381–390 of 680 posts
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They don’t need to ask you anymore. You self-reported it to a credit agency and friends, family, potential employers can get that plus other financial information from these agencies.
That's totally false, at least in the US. Credit agencies measure whether you pay your debts, nothing more.
Well... there goes your expectation of an increased salary without negotiation. And they did this to improve the gender wage gap? People who don't negotiate will be stuck with their same salary year over year, while those that negotiate will have steadily increasing salaries.
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They do - I'm not sure how they licence it though or what data sources they use but I've seen that their data on high income households is the best in the business and shockingly accurate. However, I can't imagine the compliance nightmare that would exist around a process that lets HR people look up people's equifax information. If they get a full report, it could contain information about disabilities, national orig…
This makes me wonder. My employer has some customer data. We're very careful about not just letting any random employee access it without careful permission, auditing, logging, etc. Customer privacy is important to us. At Equifax, though, information about random people isn't customer data. It's the product. They give it to anyone who asks for money. Do they have any motivation to say J random employee can't just loo…
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When asked about my salary, I always answer with the salary I wished I had. There's no requirement to tell the truth.
I had a company I was talking to ask, and say up front that they would need pay stubs as proof.
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No, there isn't, unless you're okay with short-selling yourself. If you share and your amount is > the employers, you have no job. Bad situation. If you share and your amount is If you offer the number first, the employer becomes the customer - and the customer is always right. If you wait for them to make you an offer, they have to make an offer that is compelling, in the same way sales people go above-and-beyond to…
I think that holds only if your time is worth nothing. I don't want to go through weeks of interviews just to find out that my salary demands are $50K more than they're willing to pay.
If we assume that your time has some amount of value, you are always better off withholding your desired salary.
If you want to see whether or not they're going to be a potential employer, ask them for a ballpark of what they're willing to pay. But there is no reason for telling them free information.
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I don't see a problem with it. I never saw the reason why any employer needed to know what someone was paid before. A job is worth around $X to your company to be performed. What I was paid in my previous job has absolutely no bearing on that.
But you can always use it to your leverage too, I have lied about my previous salary before and it worked out great.
The law also requires that a pay range be provided by the employer upon request. I'm completely in favor of this law. Those who are strong negotiators will still be able to negotiate how they wish, and those who are in less fortunate positions won't have their pasts come back to bite them.
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I had a company I was talking to ask, and say up front that they would need pay stubs as proof.
Some companies will ask you to sign their contracts in blood if they thought they could get away with it. Doesn't mean that you should.
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>>But have you thought about why you feel this way? Yes. I don't want to increase my attractiveness regarding a house robbery, as I live well below my means in a developing neighborhood, amongst other reasons. I very much understand the concept of leverage and have no problems privately discussing my salary amongst groups that I trust. That doesn't include the entire Internet.
>> Yes. I don't want to increase my attractiveness regarding a house robbery, as I live well below my means in a developing neighborhood, amongst other reasons. The entire point is that it's deeply screwed up for you to need to hide your wealth from your neighbors--or from some set of neighbors but not others--for fear of being robbed.
Especially with all the factors to consider (neighbors, location, salary, relativity to peers, etc.)
I'd prefer to see this go in the other direction and make all salary information public. Right now, employers have far more information than employees, and I don't think this law will do much to change that. To me, it's similar to real estate - imagine if only sellers had access to the database of exactly what every house sold for and when, but buyers had to go with unsubstantiated, scattered rumors. Or vise versa. T…