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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

#361

Post by HWR_14 »

neither_color wrote: post #91
HWR_14 wrote: post #87

Earlier quoted context omitted.

This is great publicity. It's Equifax talking about how their new product removed double-dipping employees. Don't you also want to find your distracted employees? For a modest fee to Equifax, you can too.

Unless your employee is underperforming why would you care?

IP rights assignment.

The difference between being understanding because rescheduling meetings because someone's family is sick vs they want to take a meeting for another job.

If they just got a second job I can fire them before their performance dips.

It's a reason to skip past six months of a PIP

There are lots of reasons.

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

#362

Post by HWR_14 »

unendingtorment wrote: post #94
HWR_14 wrote: post #86

Earlier quoted context omitted.

Instead of paying $12,000/kid/year you could just send them to public school.

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

I don't get a refund for having no kids in public school. Why would anyone else?

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

#363

Post by HWR_14 »

SilasX wrote: post #352
itake wrote: post #330

Earlier quoted context omitted.

I think you’re saying that If your kids are not using the service, then you should not pay the tax. This doesn’t sound any different from someone having no kids, not using the service, and expecting a refund.

No, they're hugely different. One of them accepts that the state should still be paying for education of children regardless of whether your personally have children -- just with better options than failed public schools. Which is why lectures about how "we should all be paying for kids' education" is very unresponsive. Which is why I said so. And have not yet gotten a substantive reply that addresses the criticism.

The majority of private schools are religious. We don't usually let tax money go to religions.

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

#364

Post by prvit »

thwayunion wrote: post #323
prvit wrote: post #314

Earlier quoted context omitted.

Quoted post unavailable.

My degree was in CS. I graduated a LONG time ago. I took courses on Cryptography, Networking (with a unit on DoS/DDoS mitigation), Operating Systems (with a TON of systems programming that got me intimately familiar with buffer overflows and memory models), and a Software Engineering course that included some discussion of injection attacks. As term or course projects I implemented or was part of team that implemente…

A CS degree is to information security what an English language degree is to law.

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

#365

Post by mixmastamyk »

twodave wrote: post #245
jeltz wrote: post #192

Earlier quoted context omitted.

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.

Yes, for example ADP.

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

#366

Post by jokethrowaway »

varispeed wrote: post #237
cjg wrote: post #200

Earlier quoted context omitted.

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.

I think most people forget that when contractor pays itself a dividend, that money comes from the profit which they also pay corporation tax on. Then it's very much like PAYE. Only difference is that the client does not have to pay Employers NI, which is fine, because they are not an employer.

Saving on national insurance is pretty good.

But taxes on dividends got higher and higher in recent years.

You can still work for years in the UK, accumulate money (or real estate / other investment) in the company - then you move to Dubai and withdraw dividends tax free.

You end up paying 19% corp tax rate on your income that you can access only after you're done with the UK - which is not great compared to lower taxed countries in Europe (Malta at 5% being the best), but you get access to the London only jobs which pay a bit more (even if now that's not really true in a post remote working world).

Definitely better than getting equivalent salary and being forced to stash money in a pension you'll see when you're 60 or pay 40% taxes

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

#367

Post by int_19h »

mellavora wrote: post #159
anonreeeeplor wrote: post #81

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…

You're getting a lot of heat for investing in your children. This makes me sad, though I suspect the people are good intentioned, trying to help you "solve" your problem. I can think of many scenarios where 1K/month/child is the best option. I don't know the quality of schools available in your area, but I do know it can vary wildly, and good school can make a huge difference. And you have my deep respect for the sac…

I think the reason for the heat is framing it as "it's impossible to survive".

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

#368

Post by Ancalagon »

gsk22 wrote: post #172
yellow_lead wrote: post #127

Earlier quoted context omitted.

Technically yes, but depending on your location your public school system may be chronically under-funded, to the point where sending your kid to a public school would put them at a big disadvantage in high school or college (and so then for the rest of their life). Yes, you could move, but as it turns out properties are more expensive in good school districts.

I'm a product of one of the shittiest public schools in my state. While I attended, they were forced by the state to convert to an "international baccalaureate" school because the alternative was closing. I say that because yet, among my peers from that school, I count engineers, astrophysicists, doctors, IT workers, psychologists, pilots, and more. So I would vigorously argue against the idea that students who atten…

I think there are "shitty" schools, and then there are _shitty_ schools.

A "shitty" public school is probably generally underfunded, but at least has the decent-enough quality of teachers/parents to lead the motivated kids to the right information. That way those kids can go on in their own time and study enough to make it to professional jobs in the real world, although most of these kids will never make it to top-tier colleges due to optics of their schools.

A _shitty_ public school lacks even generally-caring teachers, and often suffers net-negative because of the parents. Kids in these schools grow up ignorant of what to learn, much less how to learn it.

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

#369

Post by itake »

SilasX wrote: post #352
itake wrote: post #330

Earlier quoted context omitted.

I think you’re saying that If your kids are not using the service, then you should not pay the tax. This doesn’t sound any different from someone having no kids, not using the service, and expecting a refund.

No, they're hugely different. One of them accepts that the state should still be paying for education of children regardless of whether your personally have children -- just with better options than failed public schools. Which is why lectures about how "we should all be paying for kids' education" is very unresponsive. Which is why I said so. And have not yet gotten a substantive reply that addresses the criticism.

I’m still not understanding your point.

I must pay for socialized education regardless if I use the service. I might choose to not use this service because I lack children or I may choose a different provider. But this doesn’t mean I don’t have to pay my taxes if I don’t want to use a gov service.

What makes adults with kids special that they don’t have to pay this tax when they don’t want to use the service?

I'm struggling to think of a single public service that you can get a refund if you don't use it. Even private services like health insurance don't refund you money because you chose a provider outside your network.

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

#370

Post by hamandcheese »

awillen wrote: post #174
hamandcheese wrote: post #157

Earlier quoted context omitted.

Then you went to a bad public school.

The way you say this implies that there's some easy way to move your kids from a bad public school to a good public school. This is of course laughably wrong, since moving schools requires buying a home in a nicer/more expensive area.

If you’re sending 3 kids to private school for $1000/month each, you could afford instead another $400k of mortgage or so on top of what your mortgage already is with todays interest rates.

That’s almost as much as the median home in America. So assuming you already live in the median home, you could send your kids to private school, or you could buy a house that’s twice as expensive.

Where I grew up, the median home is less than the national median, and the public schools are pretty good.

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