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Equifax used records it collects from companies to fire employees with 2nd jobs

businessinsider.com

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Re: Equifax used records it collects from companies to fire employees with 2nd jobs

#3

First thoughts after reading this: 1. Is this legal in all jurisdictions an employee could conceivably be based in? 2. When will Equifax monetize this as a service to other companies (because you know they will).

It's already a service. "The Work Number" is their employment verification service available to anyone https://theworknumber.com

Re: Equifax used records it collects from companies to fire employees with 2nd jobs

#4
post #3

First thoughts after reading this: 1. Is this legal in all jurisdictions an employee could conceivably be based in? 2. When will Equifax monetize this as a service to other companies (because you know they will).

It's already a service. "The Work Number" is their employment verification service available to anyone https://theworknumber.com

Yeah TWN is referenced in the story, but it doesn’t sound like it’s being used to weed out multiple jobs. Mostly just used for government agencies and financial institutions doing credit checks.

Either employers haven’t caught on to that or the data it provides does not offer the required detail.

Re: Equifax used records it collects from companies to fire employees with 2nd jobs

#7
post #3

Earlier quoted context omitted.

It's already a service. "The Work Number" is their employment verification service available to anyone https://theworknumber.com

Yeah TWN is referenced in the story, but it doesn’t sound like it’s being used to weed out multiple jobs. Mostly just used for government agencies and financial institutions doing credit checks. Either employers haven’t caught on to that or the data it provides does not offer the required detail.

The sales pitch is near the bottom:

The company sells a product called Talent Report Employment Monitoring so other companies can keep tabs on potential moonlighting by their employees, too.

Re: Equifax used records it collects from companies to fire employees with 2nd jobs

#10

There is a way to "freeze" your job data I believe - totally different from freezing your credit. No idea how far it reaches but I have considered it myself. Anybody know how to do it?

The fair credit reporting act (FCRA) does not care about 'reasons'. Every company I have dealt with trying to go down that road has found themselves in a rather nasty end. Chex Systems, "WeWork", even a dating site. If you record data and then present it to others as factual history, you have to abide by the FCRA.
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