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That being said, it doesn't stop employers from continuing to hand Equifax your data on a gold platter, and therefore does nothing to protect you from the inevitable data breach that will result in Equifax being required to give everyone affected $0.36 or one year of free credit monitoring.
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.
Effective January 1, 2018, Labor Code section 432.3 prohibits an employer from, either orally or in writing, personally or through an agent, asking any information concerning an applicant’s salary history information, which includes compensation as well as benefits. [1]
[1] https://www.dir.ca.gov/dlse/california_equal_pay_act.htm
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.
However, for the average worker, this is awful
"To log in, enter your SSN, date of birth, home address, and" No way, no how.
what is the work number? is this deliberately a confusingly made up name of company and what they do?
"To log in, enter your SSN, date of birth, home address, and" No way, no how.
In fact, they already hired a music major CISO who leaked all that data in a stunning display of executive incompetence.
so now your current and future employers can see if you've been talking to other companies? that's... wrong.
As I see it, this database is a breach of an implicit social contract between me and the companies that I work for. Since my employers apparently have no issues sharing my salary with their peers, I see no reason not to do the same with my peers.