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

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

#101

Post by Gud »

xvxvx wrote: post #24
anonymars wrote: post #2

One (more) thing to opt out of: Freeze Your Data - The Work Number https://employees.theworknumber.com/employee-data-freeze As I understand it, payroll whores your salary out to Equifax*, who then pimps it to others * Yeah, that one: https://en.wikipedia.org/wiki/2017_Equifax_data_breach

I worked for Equifax many moons ago. They had a problem with people taking jobs there that no one else wanted, solely to gain access to their systems and reset their own credit scores. And, for some reason, they couldn’t roll it back once found out. Great company.

Life hacks for the 21st century

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

#102

Post by Oras »

putlake wrote: post #52
anonymars wrote: post #2

One (more) thing to opt out of: Freeze Your Data - The Work Number https://employees.theworknumber.com/employee-data-freeze As I understand it, payroll whores your salary out to Equifax*, who then pimps it to others * Yeah, that one: https://en.wikipedia.org/wiki/2017_Equifax_data_breach

Thank you for the link. I tried to opt out. They sent me this email: Equifax Workforce Solutions (provider of The Work Number) has received your employee request communication, but additional information described below is required to fulfill this request. We will be following up with a secure email to obtain the below requested documents: Proof of Identity: Provide a copy of one of the following (must include curren…

They didn’t ask for any of that when harvesting personal financial data, how lovely

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

#103

Post by kaashif »

Unbeliever69 wrote: post #55
canpan wrote: 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.

Probably not the answer you want to here but I'll share my perspective. Three years ago my wife and I sat down and optimized our finances so I could soft-retire and focus on a few of my life goals while simultaneously working on ways to generate income without the stress of being in the employ of others. It was tough work which mainly involved paying down a lot of debt so we can live more lean. We did a lot of optimi…

> In reality, it feels like we are financially better off than we were before.

Are you financially better off or does it only feel that way?

If you were actually better off, why mention feelings?

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

#104

Post by goodpoint »

canpan wrote: 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.

It's not the winning game at all.

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

#105

Post by rmnclmnt »

> … said the company “does not use algorithmic wage-setting tools to make compensation decisions for our employees or to set new-hire salaries.”

When the HR/CRM/ERP/whatever internal software has the plan to compute these metrics and they display it as metadata next to the people’s names, it’s hard not to curious « just to check ». Maybe it’s not in the company policy but you can never be sure of individuals actions (especially big corps as mentioned in the article)

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

#106

Post by kaashif »

3eb7988a1663 wrote: post #71
Ferret7446 wrote: post #25

Earlier quoted context omitted.

That was always the "winning game". Only problem is that's a lot of work. The more things change, the more they stay the same; if you want more money, work harder. People who don't want to work harder complain that other people make more money because they either don't understand or are in denial about the amount of work the people they envy put in. Yes there are exceptions. No pointing out exceptions won't help you,…

You can be the hardest working burger flipper at McDonald's, but you are not going to be as financially secure as someone coasting on a FAANG salary.

A burger flipper cannot flip 20x the burgers. There isn't really any way to produce more output flipping burgers. Even if you could, if there isn't a queue of people waiting to collect their orders, there isn't any point in producing more blindly.

The person responsible for designing the process that thousands of franchises use probably does make a lot of money.

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

#108

Post by kaashif »

Ferret7446 wrote: post #25
canpan wrote: 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.

That was always the "winning game". Only problem is that's a lot of work. The more things change, the more they stay the same; if you want more money, work harder. People who don't want to work harder complain that other people make more money because they either don't understand or are in denial about the amount of work the people they envy put in. Yes there are exceptions. No pointing out exceptions won't help you,…

I don't pay my employees based on inputs like how hard they work, I pay based on outputs.

Any other system of incentives would be insane.

Things are different if you're e.g. a lawyer and have billable hours.

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

#109

Post by anal_reactor »

vkou wrote: post #95
anal_reactor wrote: post #92

Earlier quoted context omitted.

I earn like €100k per year. Not a huge salary, but definitely above average. My family lives in Eastern Europe. Once I was hanging out with my cousin and his friends, all of these people had minimum-wage jobs. Not really my type of social circle, but I have no issues being cool for an evening. Then suddenly my cousin drinks one too many and starts blabbering about how "fucking rich" I am and all eyes turn to me becau…

> I assume such situations occur often in Sweden where it's really awkward if you want to hang out with a crowd from lower social class because they know your earnings. You don't have to be in Sweden to have a pretty good idea within a few minutes of talking to someone, of what the ballpark for their earnings is. Your social class is written all over your face, your clothes, your manners, your manner of speaking, the…

> Your social class is written all over your face, your clothes, your manners, your manner of speaking, the company you keep, the hobbies you have, where and how you spend your time...

This is not true for lots of software developers who grew up poor but got rich. I wear shitty clothes, live in the ghetto, my hobbies are video games, cycling, and porn, and when speaking I code-switch easily. If anything, it's the other way around - when I'm around city folks with their mannerisms and discussions about veganism I clearly see I don't fit and I come across as a neanderthal despite my income being around top 10%.

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

#110

Post by falcor84 »

EarthAmbassador wrote: post #73
laweijfmvo wrote: post #4

Earlier quoted context omitted.

I hate that I have to opt out of this stuff that I never signed up for and never would have. I filed the request to freeze, and see that it will require me uploading many more pieces of data to prove identity and address. Disgusting.

If the credit bureaus don't have a complete profile when you start, they will after provide the missing pieces.

I really wouldn't be surprised if that is indeed the goal defined for that workflow's design.
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