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HR Departments Tell Equifax Your Entire Salary History

Posted by timothy on from the please-explain-this-8-day-gap-in-2002 dept.

chiguy writes with this snippet From NBC News: "The Equifax credit reporting agency, with the aid of thousands of human resource departments around the country, has assembled...[a database]...containing 190 million employment and salary records covering more than one-third of U.S. adults...[Equifax] says [it] is adding 12 million records annually.' This salary information is for sale: "Its database is so detailed that it contains week-by-week paystub information dating back years for many individuals, as well as ... health care provider, whether someone has dental insurance and if they've ever filed an unemployment claim.""

3 of 472 comments (clear)

  1. Great! by HeckRuler · · Score: 5, Interesting

    How soon can I browse the salary history of CEO's, Congressmen, the chairmen of the FED, the leaders of Scientology, and the lobbyists on capitol hill?

  2. Inaccuracy is a big problem by Atrox+Canis · · Score: 5, Interesting

    After spending over a year on a mission to get my credit report "fixed", I have a number of anecdotal stories regarding the inherent inaccuracy of the reporting that goes into these databases. My credit reports were not that bad but after a review of the report from the top three agencies, I discovered dozens of factually inaccurate items ranging from wrong addresses to poorly formatted history items. My reports contained input from companies I had never done business with and companies that no longer existed. The problem with this is that if they can't be trusted to confirm the proper spelling of your name, how can they be the "authoritative" source for detailed information regarding your trustworthiness.

    --
    Charter Member of The Committee Group For The Elimination And Eradication Of Repetitive Redundancy
  3. Horribly Unfair by realsilly · · Score: 5, Interesting

    Just this week, in the paper, I read that one senator is proposing a bill to allow employees to freely and openly discuss their pay. But here we read that this information is simply handed over to credit agencies. These credit agencies can then basically sell your information to Credit Card companies, Banks and more.

    So it really begs the question, why am I not allowed to openly discuss my salary information but HR can hand it out to a Credit agency where from there it can be sold to half the corporations in America?

    Our government really does not care about it's citizens any longer, only which corporations donate the most to their campaigns. /sigh

    --
    Life takes interesting turns, but the most interest is when you're off the beaten path.