Earlier quoted context omitted.
If all employees share their salary information with each other, it becomes a headache for the employer. Each employee may quote the other person's salary demanding a raise. This is the reason behind the "keep your data confidential" idea.
> This is the reason behind the "keep your data confidential" idea. It's also illegal under the NLRA of 1935. Employees talking about working conditions, like compensation, is a legally protected act whether it's on employer time or not.
Tell HN: Salary data is for sale
271–280 of 805 posts
Re: Tell HN: Salary data is for sale
#272Having hopped jobs every 1-2 years for the last decade, I don't think I've ever been honest when asked my current salary. Never bit me. It would be quite shocking (would it be legal?) if an offer was rescinded based on this data.
There's always answers like "I think $X would be fair, it's a little more than I'm making now", or "it's close to what I was making before", etc.
Re: Tell HN: Salary data is for sale
#273What’s the strongest argument in favor of credit reporting agencies? If we got rid of them would borrowing money become so difficult or expensive that we’d regret what we wished for?
Re: Tell HN: Salary data is for sale
#274Earlier quoted context omitted.
Are employers obligated to provide employment and salary verification?
If they didn't their employees would be pretty pissed when they're unable to get a mortgage.
Re: Tell HN: Salary data is for sale
#275Re: Tell HN: Salary data is for sale
#276Earlier quoted context omitted.
I don't disagree with this. My experience though is that a more common reason it is a headache for some managers if their reports are sharing salary information is that they don't know how to have a conversation with someone about their performance. In particular their less than great performance. So employee B comes in and says, "Hey employee A makes 15% more than I do and we have the same job! I even have more expe…
Yeah, this explains a lot of it. Lots of people think it's unfair that Jim or Pam makes more than they do, but noone ever is blunt with them that "you're making less because you're not as good as them". Even worse are where they've never been told "you're lucky you still even have a job because I was close to firing you for poor performance". To be fair, there are also the interesting niche cases where someone is equ…
One thing that impressed me about IBM, during my brief tenure there after the Blekko acquisition, was that they had a very deep catalog of online self paced training material for developing manager skills. I don't know how many people availed themselves of that resource but since that time I have really wished I could have pointed people who were struggling at some of the courses they had.
Re: Tell HN: Salary data is for sale
#277Earlier quoted context omitted.
> This is the reason behind the "keep your data confidential" idea. It's also illegal under the NLRA of 1935. Employees talking about working conditions, like compensation, is a legally protected act whether it's on employer time or not.
However, employers can forbid you from using their facilities or property to facilitate these conversations.
Re: Tell HN: Salary data is for sale
#278Learning that this website exists, and then finding detailed and accurate information in my record is what convinced me to start sharing my salary data with my peers. 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.
So.... how much do you make?
$155k base $145k/year RSUs (2021); $175k RSUs (2022 est)
"Senior" SRE in SF 3.5 YEO, 3.5 years at current company
Re: Tell HN: Salary data is for sale
#279Wowwww. I was really reticent to give them the info to log in, and still not sure it was a good idea (although they have it anyway...), but it's interesting -- they have my current TC exact, RSUs and everything...and that little instruction line about how to garnish wages really gives you the feels... Even better, the mystery of why a mortgage lender randomly asked me about my employment history from over two decades…
> Happy to see that the payroll processor I used for awhile for our personal companies until I started doing it myself didn't share our data, but am now really worried about future control of it. Is there a way to find out which payroll processors or large companies report salary information to Equifax? Elsewhere in this thread people have mentioned that ADP, Intel, Google, and Facebook report, Qualcomm apparently do…
Re: Tell HN: Salary data is for sale
#280Honest question for people who are concerned about this - why is it troubling? If another company wants to hire you, obviously they'll need to offer stronger compensation than you currently have to convince you to ditch a comfortable position. The fact that employers want employees to stay quiet about their compensation so they don't have to start handing out raises doesn't seem like a good reason to be concerned abo…
Imagine that your new employer knows your past salary. They can offer you 10% above it and this might be sufficient in enough cases. However, if they don't know it, they will be in the fog of war and they will have to guess much more and be ready for a wider salary range. In such scenarios the new offer might not be 10% but something like 30%. Now, imagine the accumulated effect over 2-3 employers over time.
Edit: I'm probably biased, because I've been shown a lot of love the past few years by my current employer, in the form of money.