51–60 of 805 posts
NOTE: It is possible to freeze access to your employment data here: https://employees.theworknumber.com/employee-data-freeze That being said, it doesn't stop employers from continuing to hand Equifax your data on a gold platter, and therefore does nothing to protect you from the inevitable data breach that will result in Equifax being required to give everyone affected $0.36 or one year of free credit monitoring.
Did we hug it to death already? I am getting a server error.
If this is correct, then it would be risky for someone to lie to a new employer about their former salary in order to receive an offer for a higher pay, because the new employer could use this service to cross check the employee's claims.
Why are you telling prospective employers your former salary? Just because someone asks, you don't have to answer. You aren't some desperate person begging for work, you are helping them achieve their goals in exchange for payment. It is a trade.
All of my pay from Intel, Google, Facebook is in here. Qualcomm apparently did not report.
Also, Google (my latest employer) pulled the data just before I started working, after giving me an offer. My credit card company pulls the data every month, sometimes 2-3 times per month. Several mortgage originators have also pulled the data even though I have not gotten a mortgage (I probably filled out a form on their website).
I guess I'm okay with credit card companies monitoring this, but I'm not sure I am okay with potential employers having access to this. Is it even legal in California for them to read this information? Maybe it was legal at the time but not any more?
They even had pay period dates and everything for my current job. Including dates I was doing 401k. Like - what the fuck - why is my employer selling that information? It's a big tech company, of course. You could even see when my RSUs were vesting. The hell!
Funny enough - the only ones who have been looking at my data are Credit Karma. Maybe I should delete my account with them - lol. I use them for taxes because they are free.
Earlier quoted context omitted.
Employers provide it. Obviously they could report incorrectly, but it's not like Equifax is just guessing.
You could start your own co. and raise your salary to the sky, this can be gamed. But then, why would you even be an employee. However, for the average worker, this is awful
If this is correct, then it would be risky for someone to lie to a new employer about their former salary in order to receive an offer for a higher pay, because the new employer could use this service to cross check the employee's claims.
Wouldn't this just lead to lower offers all around?
I checked earlier today and yep, my employer is selling my data and future earnings potential to the company that is infamous for poor data security. A confounding factor is that as a hiring manager, and at least for all the hiring decisions I have been involved in, I know we did not use this to check candidates. So what's the upside? EDIT: ADP Workforcenow appears to do this automatically. I'm curious to find out if…
I worked in a two person company last year where I ran payroll with ADP. It's there for me too, and I don't recall opt in permission on this.