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Employers use your personal data to figure out the lowest salary you'll accept

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11–20 of 321 posts

Re: Employers use your personal data to figure out the lowest salary you'll accept

#11
post #8

I wonder if the winning game becomes your own boss and tiny companies. I want to do the jump, but lack of courage, good ideas, sales skills and a very good salary still holding me back (open for suggestions). But if the very good salary would go away, the scales tip instantly.

Wait til you find out what customers do to figure out the lowest. There’s a little more accountability.

Re: Employers use your personal data to figure out the lowest salary you'll accept

#12

When I apply for a job, I use data to figure out the highest salary the company will accept.

The internet has information on what salaries a company pays. One would be foolish to not look it up before negotiating compensation.

Re: Employers use your personal data to figure out the lowest salary you'll accept

#15
People tend to think that income taxes lower your salary. While in practice employers know exactly for how little money (in hand) you are willing to work and in absence of income taxes would just pay this much less so that your money in hand is the same.

As an employee you should fight for income taxes to be as high as possible since they are neutral for you and might fund useful things for all. When left in the pocket of your employer they just become their takeaway. Employers won't spend it on improving the company if they don't have to. And the only things that force them to spend money in a predictable manner is regulation and markey opportunity to earn more. When they have those needs they mostly do it with credit anyways.

Conversely as an employer you should advocate for lowest income taxes possible for your workers.

Re: Employers use your personal data to figure out the lowest salary you'll accept

#17

People tend to think that income taxes lower your salary. While in practice employers know exactly for how little money (in hand) you are willing to work and in absence of income taxes would just pay this much less so that your money in hand is the same. As an employee you should fight for income taxes to be as high as possible since they are neutral for you and might fund useful things for all. When left in the pock…

You're suggesting that 100% of the income tax burden is shifted from employees to employers.

The incidence of taxation (which party bears the burden of the tax, irrespective of who 'pays' it) is widely studied. As it relates to payroll taxes (paid by the employer) and income taxes (paid by the employee) most research finds that employees bear most (but not all) of the burden. This is the opposite of your claim.

Re: Employers use your personal data to figure out the lowest salary you'll accept

#20
post #13

[flagged]

Well said. Disregard the Philistines. Clearly not worth the effort to reach anyway. Greatly appreciated the insight. Even the Ameribrain comment was actually warranted. Since the 70's, there's been a concerted effort by employers to do everything possible to discredit Unionization in the United States, in spite of the fact that during it's heyday, unionization was responsible for netting workers a much greater share of the pie than has been the case post '71. If people would group up, they'd find themselves in a far less disadvantaged position at the negotiating table.
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