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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

#171

Post by Noumenon72 »

impish9208 wrote: post #156

There was a story recently about how large landlords use salary data to raise rents. If they see you got a raise, they’ll increase your rent accordingly. And pretty soon, retailers will do the same. Your personalized price for a gallon of milk at Walmart will reflect your annual raise. I love living in the future!

Presumably this also means if you don't get a raise, they don't raise your rent as much, knowing it would make you more likely to move. They no longer have to guess about your ability to pay.

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

#172

Post by Noumenon72 »

anal_reactor wrote: post #109
vkou wrote: post #95

Earlier quoted context omitted.

> 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 oth…

I think you're describing all the ways that your social class is written all over everything. You could leverage your paycheck to try to change some of this, but your social class influences your decision not to bother.

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

#173

Post by izacus »

Glawen wrote: post #150
delusional wrote: post #116

Earlier quoted context omitted.

As a European, it is wild to see a private company warning that disallowing them the ability to process your personal data might hinder your ability to access social services.

Have a look at german Schufa company. I was there pre RGPD, so maybe things have changed.

There's a small law called GDPR which makes this kind of pulls very illegal. Even for Schufa which doesn't forward your direct data.

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

#174

Post by matwood »

kackerlacker wrote: post #154
matwood wrote: post #141

Earlier quoted context omitted.

> I get this, but also genuinely interested to know how to measure outputs. Measuring outputs or inputs (hard work) is always hard. Did someone get the thing that was asked done both quickly and correctly? Do they do this consistently? I also find inputs harder to measure because someone could be in the office 12 hours/day, but on Facebook the whole time. They could also just spin their wheels doing 'fake' work.

I spend some time going through what programmers wrote over the past years and many of them were rewarded for getting things done quickly with no complaints.. The more diligent ones probably didn't last since they got things done correctly which takes a lot more time and thought.

It's why I said quickly and correctly. I think it's a cop out to say someone was slow because they were building it correctly. Famously, the old space shuttle software was developed very slowly because it had to be 100% correct at all times. Most software does not need that level of correctness. Part of a SE's job is to understand that.

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

#175

Post by OptionOfT »

sokoloff wrote: post #155
OptionOfT wrote: post #51

Earlier quoted context omitted.

I'm filling out the form there. I genuinely don't know why I would ever generate a salary key so I can let someone know how much money I made. Also, to prevent them from sharing the information, you need to give them even more information. Disgusting that this is allowed.

> I genuinely don't know why I would ever generate a salary key so I can let someone know how much money I made. I value my financial privacy as well, but when I go to someone to ask to borrow a million dollars to buy a house, it seems reasonable that I’m going to have to give them some information pertinent to assuring them I’m likely to and capable of paying them back.

Well, then how did I get a mortgage with the whole thing being empty?

W2s are perfectly fine.

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

#176

Post by kpcyrd »

Glawen wrote: post #150
delusional wrote: post #116

Earlier quoted context omitted.

As a European, it is wild to see a private company warning that disallowing them the ability to process your personal data might hinder your ability to access social services.

Have a look at german Schufa company. I was there pre RGPD, so maybe things have changed.

This is "only" used for loans and renting, the German government is never going to query the score this company has assigned you. Social services are never impacted.

Equifax on the other hand claims:

> Social Services - When government agencies can't verify your information, you may have to wait longer to start receiving benefits.

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

#177

Post by mmarq »

sdoering wrote: post #130
carlob wrote: post #117

Earlier quoted context omitted.

Sweden is one of the countries with the lowest salary inequality in the world. In Eastern Europe 100k a year puts you at what 10x minimum wage? I think that would be considered a pretty high salary in France or Spain as well. I think your friend reaction is warranted, but I don't think it would happen often in Sweden...

Even in Germany 100k€ a year puts you in the top 2% (maybe even top1%) for single earners. And in the top 5% for a couple. So OP is - for eastern European standards (depending on which country specifically) very well off. Talking as if 100k€ was nothing special is actually quite telling imho.

But it’s not guaranteed that you’ll ever be as rich as a pensioner who owns a flat outright.

Asset prices inflated so much that income is not completely irrelevant, but it is at best only half of the picture.

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

#178

Post by bitexploder »

wombat-man wrote: post #167
fred_is_fred wrote: post #165

Earlier quoted context omitted.

I don’t recall ever seeing a salary in my credit report. Certainly when applying for credit cards you are asked but generally they have you include all sources of income including bonus, passive income, and alimony. There are data sources for this info but I don’t think it’s technically a credit report.

Experian does collect and sell income data about people, in fact i think they pay companies directly for this information. This is helpful for salary negotiations. It’s not in a normal credit report though, true.

Loan applications. Credit cards. They all ask for your income. I always put 1,000,000. Never been denied a loan.

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

#179

Post by anal_reactor »

user_7832 wrote: post #169
anal_reactor wrote: post #145

Earlier quoted context omitted.

Once I was invited to some gathering. Right at the beginning they asked me if I'm from $ENVIRONEMTNAL_ORGANIZATION. I thought they were just fucking with me so I replied laughing/ironically "Do I look like I'm from $ENVIRONEMNTAL_ORGANIZATION?". Turns out, they were dead serious. For the rest of the evening we had some boring-ass shitty activities and insufferable conversations. 0/10 I checked out early and never sho…

…I'm a bit afraid to ask, but are folks from Greenpeace supposed to be rich or something? (I'm not from the US so idk if it's a cultural thing I'm missing.)

Unless you come from privileged background, you don't exactly have the free time to go and prostest against the destruction of habitat of toads. And even if you do have the time, you probably don't care.

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

#180

Post by pickleglitch »

Between this and algorithmic pricing, I envision a future where every penny of your finances is know to both employers and retailers, and together they ensure that you only ever have as much purchasing power as the "free market" decides you should have.
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