Employers Use Personal Data Algorithms to Determine Minimum Acceptable Salaries
By
thisislife2
Needed another two minutes in the oven. A half-baked bagel.
Summary
Employers are increasingly using algorithms and personal data to determine the minimum salary workers are willing to accept, a practice called 'surveillance wages.' This approach uses digital surveillance of workers' personal information, similar to how companies use data for dynamic pricing of products and services, to negotiate lower pay based on what individuals are likely to accept rather than market rates.
Key quotes
· 4 pulledA growing number of employers are using surveillance wages to negotiate your next paycheck
Algorithms are increasingly using personal data to determine the minimum pay a worker is willing to accept, consumer watchdogs say
You've likely already felt the digital sting of 'surveillance pricing'
It might look like an airline advertising a specific fare bundle because a customer's loyalty-program data suggests they're likely to buy it
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