They absolutely do, but it also works to keep your cards close to your chest as much as possible.
Employers use your personal data to figure out the lowest salary you'll accept
301–310 of 321 posts
Re: Employers use your personal data to figure out the lowest salary you'll accept
#302Guys, just saying but there is a solution to this issue: scientific socialism.
Re: Employers use your personal data to figure out the lowest salary you'll accept
#303Earlier quoted context omitted.
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.
Some people predict that asset prices will only go up compared to wages so if you buy a house today you'll be rich by the time you get old. There's a whole cult built around "SP500 grows 10% YoY".
And I don't buy into it. When I sold my late fathers home, about 30 years after he had originally built it, I sold it for a bit less than he had paid for having it built.
So no: Asset prices not necessarily always go up. It depends significantly on where you build/own and how that area develops over your lifetime.
But - this deferred gratification - paying a morgage now to pay less rent in the future is clearly a bet towards a future in retirement where one has less disposable income, so it makes - from my vantage point at least - sense to invest now to have more freedom later.
Others have freedom now - and need to potentially scale down later. Both are valid positions imho.
Edit: Typo
Re: Employers use your personal data to figure out the lowest salary you'll accept
#304There 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!
[dead]
Re: Employers use your personal data to figure out the lowest salary you'll accept
#305Re: Employers use your personal data to figure out the lowest salary you'll accept
#306Re: Employers use your personal data to figure out the lowest salary you'll accept
#307Earlier quoted context omitted.
I'm skeptical. Credit checks don't give you an accurate picture of your compensation and it's not like they get your transactional banking history or tax documents (yet). Even with that it would be impossible to get an accurate compensation figure within 25%, so while I agree there's an informational imbalance if that's how you're negotiating you've already lost.
Eh, I don't have the link at the moment - it was posted some years ago on HN. In the US, your employer very likely reports your salary to a national agency. And other companies can access it. You can go to the agency yourself, prove your identity, and see all your salary history.
Good lord!
I knew the USA has poor data protection law, though the very idea that companies can legally share such personal information is truly mind boggling.
Why on earth aren't people doing something about this?
Re: Employers use your personal data to figure out the lowest salary you'll accept
#308Earlier quoted context omitted.
My policy is the opposite – I switch companies every two years. Especially if I get too comfortable. Usually because I’m bored or because the company grows too much (>100 people is too much for me).
Are you worried that you never get to see the results of architectural decisions you make? Two years is not much time to make an impact and see it through if you’re senior+
This is usually a nonsense argument unless you're in a very slow-moving company. Two years is not only enough to see the results of your architectural decisions, but by that point the architecture would already be due for change.
1-1.5 years in a fast-paced software team is plenty enough to learn 95% of everything you're ever going to learn there and live through one major system lifecycle.
Re: Employers use your personal data to figure out the lowest salary you'll accept
#309Earlier quoted context omitted.
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.
Fast, quality, cheap. Pick two.
Plenty of things are made fast, at high quality, and cheaply.
Some things just aren't very hard to make.
Re: Employers use your personal data to figure out the lowest salary you'll accept
#310Earlier quoted context omitted.
> 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?
They may have less money but also more time for things they care about, and less burden and stress in daily life. So it is going to be a feeling. Is their smaller income going much farther now in how it benefits them, if so they feel better-off
That seems non-financial.