wizer
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Somewhat related t,o @The Prowler's recent thread about retirement planning where he mentioned him and his wife's early retirement partially to benefit those who need jobs but can't find one so they freed up two spots out of the goodness of their hearts and to align with their path to Sainthood is an article I just read about how prospective employers use personal data and algorithms to pay their new hires the lowest possible salary they will accept.
Key points:
As companies get better at collecting and analyzing personal data, they aren’t just gunning for the money coming out of your wallet — they’re controlling how much goes into it, too.
Companies already try to get new hires to accept the lowest possible wage offer. But while that once meant sizing up a candidate’s experience and credentials against the going market rate, it increasingly means feeding the candidate’s personal data into an algorithm.
Rather than offering a fixed wage, the platforms adjust pay based on what they know about each worker — including how often a nurse accepts shifts, how quickly they respond to postings and what pay they have accepted in the past, according to the Roosevelt Institute report. Nurses interviewed for the report said this often resulted in nurses being paid different amounts for the same work, even within the same facility.
And I thought airlines gouging consumers for higher airline ticket prices based on their browser history was bad.
Key points:
As companies get better at collecting and analyzing personal data, they aren’t just gunning for the money coming out of your wallet — they’re controlling how much goes into it, too.
Companies already try to get new hires to accept the lowest possible wage offer. But while that once meant sizing up a candidate’s experience and credentials against the going market rate, it increasingly means feeding the candidate’s personal data into an algorithm.
Rather than offering a fixed wage, the platforms adjust pay based on what they know about each worker — including how often a nurse accepts shifts, how quickly they respond to postings and what pay they have accepted in the past, according to the Roosevelt Institute report. Nurses interviewed for the report said this often resulted in nurses being paid different amounts for the same work, even within the same facility.
And I thought airlines gouging consumers for higher airline ticket prices based on their browser history was bad.
