Equifax used records it collects from companies to fire employees with 2nd jobs
51–60 of 408 posts
Re: Equifax used records it collects from companies to fire employees with 2nd jobs
#52Earlier quoted context omitted.
If you believe the article, they were able to tell whether someone was producing adequate value since they claim the investigation was into people that were not performing as expected. The data in question was one piece of the information.
I don't believe them. If they had low performers, Equifax could have let them go without the non-consentual financial rectal exam on the way out. The number of jobs is irrelevant, only performance should matter. This is a political / marketing move, as they could have also done the inspection without publicizing it.
Low performers were fired because they answered incoming calls poorly twice in a week.
So it IS possible top performers were allowed to have side gigs and not fired at Equifax.
Re: Equifax used records it collects from companies to fire employees with 2nd jobs
#53Do you want shitty publicity? Because this is how you get shitty publicity.
Re: Equifax used records it collects from companies to fire employees with 2nd jobs
#54Earlier quoted context omitted.
In the UK there's a set of criteria (IR35) that attempt to codify the distinction. The hiring business has to make the assessment. One of criteria is right to subcontract and freedom to work with multiple clients. If they get it wrong, they're liable for taxes, not the Contractor. HMRC, the UK tax body is responsible for this, and therefore it is an utter mess in practice and has had chilling effects on the UK IT con…
The US tax authority (IRS) has a similar set of rules; if you can set your hours and working conditions and have your own equipment or tools it justifies not being an employee. There are of course important corner conditions like hiring a contractor who operates some machine you own. In general, though some people prefer to be contractors, these rules are in place because some employers try to classify de facto emplo…
Note that security guards can be structured as contractors despite obviously not being able to choose where or when they work. There's a big list of things that "weigh in favor" of one status or the other. There aren't definitive answers unless you've recently won a lawsuit against the government (which always wants employee status for everyone).
Re: Equifax used records it collects from companies to fire employees with 2nd jobs
#55"Equifax flagged 283 contractors for potential 'dual employment,' documents show." Would this not be a big flag to reclassify these contractors as employees? Being able to have multiple clients is one of the factors to determine if you're a contractor...
Good to know. I’m a contractor and am just starting my own business separate from my main contracting role. Was curious what precedent there is for this dynamic Edit: I was under the impression being a contractor would give one flexibility to do whatever they want when they’re not billing hours, depends on the contract wording of course
Re: Equifax used records it collects from companies to fire employees with 2nd jobs
#56> CEO Mark Begor this week informed employees that some of their "teammates" were fired for having "a second full-time job while maintaining their full-time role at EFX," which is the ticker symbol for Equifax. Don't punish people for being entrepreneurial, it's completely un-American. If you can't tell whether someone is producing adequate value or not without interrogating their finances, that's on you. What a conn…
America has a long history of owners doing everything in their power to control, literally or by proxy, their workers.
It also has a long history of making sure "those people"/workers/etc know their place and stay in it.
Re: Equifax used records it collects from companies to fire employees with 2nd jobs
#57> Executives, especially in the tech industry, have said they're worried that some remote employees are distracted. “Distracted” like the time that Equifax leaked hundreds of millions of pieces of personal data. Maybe instead of blaming the workforce they should worry about making the company a place that people want to work exclusively. Equifax does not matter at all as an organization.
I'm still astounded no one ended up in jail over that. Software Engineering really does need some professionalization.
Re: Equifax used records it collects from companies to fire employees with 2nd jobs
#58First 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).
I don't see why not. To my knowledge employment information isn't protected by law, and presumably whoever provided equifax that information turned it in willingly.
Re: Equifax used records it collects from companies to fire employees with 2nd jobs
#59"Equifax flagged 283 contractors for potential 'dual employment,' documents show." Would this not be a big flag to reclassify these contractors as employees? Being able to have multiple clients is one of the factors to determine if you're a contractor...
The article says that they don’t know if any contractors were terminated; they only know about employees. They could terminate them if they could show that the contractors were faking the hours.
Re: Equifax used records it collects from companies to fire employees with 2nd jobs
#60It should have been liquidated and the proceeds split amongst the victims after that happened.