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

businessinsider.com

241–250 of 408 posts

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

#241
post #234

Earlier quoted context omitted.

I don't like to see my money being wasted on taxes. With Polish politicians there's zero chance that taxpayer money will be used reasonably.

How's that different than taxes you pay as a contractor?

Well, as a contractor I pay one third of the taxes I would pay as an employee, so much less waste.

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

#242
post #213

"Equifax investigated and fired at least 24 remote workers for secretly holding second jobs." "secretly" ? Why you'd need to tell your employer that in the first place ?

There employment contract probably had outside activities restrictions that mandated other employment be approved by the company (these are, u fortunately, pretty common at big U.S. companies)

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

#243
post #184
post #182

Earlier quoted context omitted.

Specified, delegated and approved by distracted executives? Criminally negligent executives, in my personal opinion.

I don’t see how any of this was the executives fault. They have no idea of computer security and hired people who they thought were competent to handle it.

https://en.m.wikipedia.org/wiki/Chief_security_officer

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

#244

Earlier quoted context omitted.

> Being able to have multiple clients is one of the factors to determine if you're a contractor... This is very common misconception. People can have multiple employers just like contractors can have multiple clients. It has no bearing.

It is not a misconception in the U.S. This is one of many factors in determining the correct classification. https://www.irs.gov/businesses/small-businesses-self-employe...

Well, the article linked does not say that.

> Services available to the market

Does not mean the business cannot have a one client at a time.

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

#245
post #192

Earlier quoted context omitted.

Because Equifax pays for it.

Do you have a source? Because companies generally care little for a tiny bit of extra cash like that. I assume the companies probably get paid in something, e.g. data as some other commenters suggested, rather than cash. While your comment suggests at least to mr that the payment is on cash.

Nah this is true. They don’t pay businesses directly but they’ll pay the software provider. The software provider will change their terms of service as innocuously as possible, get clients to acknowledge it. They’ll even add an opt-out option but few will exercise it.

How many businesses today actually run payroll 100% in-house? Almost none.

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

#246
On the one hand I get where Equifax is coming from. I’ve had coworkers before with multiple full-time jobs and only a very few can pull it off without it seriously impacting their expected productivity. The answer to this in that specific case is firing I think because it’s just dishonest. Not only are you not putting in the time, you’re also not making an equivalent business impact.

The general answer is that people are doing this because they feel undervalued. Sure there are some who will try to bend or even break the rules always if they feel they can get away with it, but for those whose output is a multiplier above normal, why should they donate that productivity to an employer who won’t pay for it?

Equifax is a horrible company overall, and this kind of monitoring is wrong. Their reaction to the facts isn’t necessarily wrong, though.

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

#247
post #200

Earlier quoted context omitted.

Which means it’s essentially going away. I first encountered it in 2005 when I first contracted & it has never affected me. It nearly affected me with my previous contract a couple of years ago as the business really didn’t understand it and was “playing safe” by trying to go “inside IR35” for the role, but that’s utter nonsense for a 3 month engagement such as the one I was doing. I’ve always paid employers NI etc.…

Even with the current tax rates, it's not clear to me that it's a net tax gain for HMRC to push contractors to being permanent. A contractor typically charges VAT - which can more than make up for other taxes - especially if their day rate is higher than it would be on an employee salary.

The majority of IT contractors are going to be bringing in over £85k/annum, which means they're going to be registered for VAT, which means they will be providing VAT invoices to their client, which means their client is going to claim the VAT back from HMRC.

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

#248
Nice advertisement for a service other companies will now be begging to use. The more angry people are, the more eyeballs this will find. Equifax is a credit company. Individuals aren't their customers, instead our data is literally their product. They can't really be hurt by shaming. Are people going to boycott?

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

#249
post #118

Earlier quoted context omitted.

Or maybe get vouchers or tax refund for that dumpster fire.

I think that's defeats the purpose of public school. As a society, we decided we need to collectively contribute to every child's education, regardless if they are own. I have no kids, but I pay my school taxes so that other people's children can have an education.

No post body was provided.

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

#250

On the one hand I get where Equifax is coming from. I’ve had coworkers before with multiple full-time jobs and only a very few can pull it off without it seriously impacting their expected productivity. The answer to this in that specific case is firing I think because it’s just dishonest. Not only are you not putting in the time, you’re also not making an equivalent business impact. The general answer is that people…

> The general answer is that people are doing this because they feel undervalued.

Merely feeling undervalued isn't enough to induce most people to work two full-time jobs. That's a brutal time commitment even for someone who isn't working very hard at either.

People usually do that because neither job pays well enough on its own.

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