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

businessinsider.com

101–110 of 408 posts

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

#101
post #46

Of course that is not applicable to 'boards' and 'CxO'. Quick search suggest some of them sitting at at least 2 'boards' or also 'partners' or something. So yeah, rules for thee but not for me.

In their defense, board seats are not a full time job. The commitment could be as little as a few hours a month or quarter. “Partner” could also mean quite a few things, such as a partner at a venture firm for example. Which also may not be a full time job. The difference here is that as an employee you commit to provide 40 hours of service to your employer. From the stories I’ve heard of these double jobs, this isn’…

You could give the same argument for second jobs as well, could be a small gig getting done in an hour, a music class that someone teaches to their neighbourhood kids or someone doing trading on the stock market. It is all additional income, just the semantics of how one gets them is different.

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

#102

Unpopular opinion: I’m okay with this. I feel angry at those who lack integrity and work two full-time, salaried jobs. At a previous job where we were all 100% remote, we dealt with an employee who did this. We caught him because his work quality was poor and he was unavailable for days at a time on Slack. It took a lot of time to investigate and justify the firing. After being fired, he laughed with folks about how…

>We caught him because his work quality was poor and he was unavailable for days at a time on Slack

And what if his work quality had been consistent and his availability what you expected it to be? Would you still have this reaction?

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

#103

"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...

A lot of the time 'contractor' is used to refer to a W-2 employee of a staffing company rather than an independent contractor.

So the company in question has what legal right to investigate the employees of their contractors? Did the contractor’s employees sign off on this? It seems unlikely.

A better remedy would be to fire the contract partner if you feel the work isn’t meeting the value you expect.

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

#104
post #47

Earlier quoted context omitted.

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.

To what extent can you demand hours from a contractor?

If I contract you to do 10 hours of a task per week, and you say you did 10 hours but actually only did 5, you faked the hours and have violated our contract.

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

#105
post #95

I have three children. It is literally impossible for me to survive on any salary companies are willing to pay. I work multiple jobs. Idk the solution. It costs me $3,000 a month just for school. That’s a second mortgage. Either they increase pay 50%. Which they don’t want to do. Or I work three jobs. If they don’t like it, pay more. I actually don’t even have a choice, it isn’t even an option. School must get paid f…

As someone who went to public school and is doing just fine, I am wondering why that's not the solution.

Selection bias? The person who who went to public school and didn’t do fine is not so likely to be posting on HN?

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

#106

"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...

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…

IR35 is going away. It got the axe in the insane mini budget a few weeks ago.

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

#107

I have three children. It is literally impossible for me to survive on any salary companies are willing to pay. I work multiple jobs. Idk the solution. It costs me $3,000 a month just for school. That’s a second mortgage. Either they increase pay 50%. Which they don’t want to do. Or I work three jobs. If they don’t like it, pay more. I actually don’t even have a choice, it isn’t even an option. School must get paid f…

Do you have a spouse? You might be worried about public school quality, but at some point it would be cheaper to just have the spouse stay at home and home school.

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

#109

> 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.

Indeed. In an alternate universe, the Chief Information Security Officer of Equifax is giving interviews about the dangers of work from home for cyber security roles, informed by her masters in music composition and 0.0 years of IC experience as deep expertise. I'm still astounded no one ended up in jail over that. Software Engineering really does need some professionalization.

>In an alternate universe, the Chief Information Security Officer of Equifax is giving interviews about the dangers of work from home for cyber security roles, informed by her masters in music composition and 0.0 years of IC experience as deep expertise.

I'm struggling to understand what the point of this was.

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

#110

Earlier 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…

IR35 is going away. It got the axe in the insane mini budget a few weeks ago.

No, the changes to it are going away, not the legislation. It'll be back on contractors to make the determination of IR35 status again
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