5 ms·
Salary can already be transparent to employers because equifax may sell your salary history. That may offer direct salary information which allows asymmetric sa
by hayst4ck 4y ago
Salary can already be transparent to employers because equifax may sell your salary history. That may offer direct salary information which allows asymmetric salary negotiations. I've read, but can't cite, that many companies contract with consultants, where they share salary bands and get other companies salary bands in return which likely offers a form of soft collusion. We've also seen companies like apple and google cartel-ize the labor market.
Equifax selling your data: https://news.ycombinator.com/item?id=29834753 https://news.ycombinator.com/item?id=29834753
Here you can see the salary portion of compensation for H1B workers: https://h1bdata.info/ https://h1bdata.info/
The less salary information we have, the more our ignorance can be abused.
- englebert 4y agoYet another surprisingly fantastic reason to hate Equifax: - no security - no competition - no privacy - no recourse - unsubscribable spam - terrible phone processes force having an online account… which has no security And the other credit bureaus are just as bad (┛ಠ_ಠ)┛彡┻━┻
- daniel-cussen 4y ago
- ugh123 4y agoMy current company touts (internally at least) that they use "market data" to determine how competitive we are with salaries. We're near the top so everyone thinks its "justified" ¯\_(ツ)_/¯
- ignoramous 4y agoIt shouldn't come as a surprise that "market data" for companies playing different hiring games is, well, different: https://archive.is/v5P8n https://archive.is/v5P8n (https://blog.pragmaticengineer.com/software-engineering-salaries-in-the-netherlands-and-europe/ https://blog.pragmaticengineer.com/software-engineering-sala...)
- deleted 4y ago[deleted]
- cptskippy 4y agoAnd just like your Credit Report, you should Freeze your information in The Work Number database.