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

anonymars

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

roenxi

I'm not seeing how this matters, they were already doing that - the market is a big auction to work out the overlap between lowest salary employees will work for and the highest salary employers will offer. In that process employees also use data to figure out the highest salary that will be offered. The thing forcing employers to pay the salary they do is that if they offer less someone else will gazump them for the employee's time. It has nothing to do with the circumstances of the employees lifestyle. The lifestyle adjusts to the salary.

nout

And our AIs can give us insight into what is the highest salary that the given company can offer.

canpan

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.

WalterBright

When I apply for a job, I use data to figure out the highest salary the company will accept.

scotty79

People tend to think that income taxes lower your salary. While in practice employers know exactly for how little money (in hand) you are willing to work and in absence of income taxes would just pay this much less so that your money in hand is the same. As an employee you should fight for income taxes to be as high as possible since they are neutral for you and might fund useful things for all. When left in the pocket of your employer they just become their takeaway. Employers won't spend it on improving the company if they don't have to. And the only things that force them to spend money in a predictable manner is regulation and markey opportunity to earn more. When they have those needs they mostly do it with credit anyways. Conversely as an employer you should advocate for lowest income taxes possible for your workers.

OutOfHere

It is not up to employer to tell me what to accept. If they lowball me, odds are high that I will just not accept it, or if I do, I will be sure to leave them as soon as I get a more reasonable offer, preferably in the middle of a project with no notice beyond what any prior agreement calls for. I will treat them the way they treat me.

mememememememo

Needs to be made really illegal so they are scared of multi million law suits and whistleblowers.

alebaffa

Here in Japan they ask you your current salary (it's even mandatory by most companies), so it's easier here :) ... :(

xyst

just create your own company, report you pay yourself the equivalent of $676,942.00 to this credit agency. Then watch your numbers go up

01HNNWZ0MV43FF

Here's a freebie: - $30k for anything that helps my community / humanity - $100k for anything harmless that I just don't give a damn about - 3 million per month after tax to work on weapons of war

Snild

What a hassle! Here in Sweden, your tax filings are public information; companies can just ask the government what you made last year. I have no idea if they actually do, though, and the data will be somewhat obfuscated if you have extra income on the side.