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Tell HN: Salary data is for sale

news.ycombinator.com

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Re: Tell HN: Salary data is for sale

#11

If this is correct, then it would be risky for someone to lie to a new employer about their former salary in order to receive an offer for a higher pay, because the new employer could use this service to cross check the employee's claims.

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Re: Tell HN: Salary data is for sale

#13

I checked earlier today and yep, my employer is selling my data and future earnings potential to the company that is infamous for poor data security. A confounding factor is that as a hiring manager, and at least for all the hiring decisions I have been involved in, I know we did not use this to check candidates. So what's the upside? EDIT: ADP Workforcenow appears to do this automatically. I'm curious to find out if…

Ask HR how you should verify your employment and salary for a mortgage application. I know my company intentionally shares since they ask you to use the work number to send a verification to the lender.

Re: Tell HN: Salary data is for sale

#16

If this is correct, then it would be risky for someone to lie to a new employer about their former salary in order to receive an offer for a higher pay, because the new employer could use this service to cross check the employee's claims.

Wouldn't this just lead to lower offers all around?

Re: Tell HN: Salary data is for sale

#17
post #7

Earlier quoted context omitted.

How can anyone say it’s accurate?

Employers provide it. Obviously they could report incorrectly, but it's not like Equifax is just guessing.

Would you be willing to torpedo a good candidate making a reasonable request for compensation based on a discrepancy on this site?

Re: Tell HN: Salary data is for sale

#20
post #6

what is the work number? is this deliberately a confusingly made up name of company and what they do?

Employers use it to offload employment verification to Equifax (who owns this product and offers automated employment verification based on the data). They also get aggregated salary data in return for providing personal employee compensation information.
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