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Unemployed Need Not Apply https://gladerebooted.net/viewtopic.php?f=2&t=6755 |
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Author: | Shelgeyr [ Tue Jul 19, 2011 7:27 pm ] |
Post subject: | Unemployed Need Not Apply |
This might end up in Hellfire, but I'm going to start it off here anyway ... Google search results for "unemployed need not apply" Tons of articles on the subject, dated between June of 2010 and June of 2011. Here's just one: Seattle Times wrote: Spoiler: |
Author: | Rynar [ Wed Jul 20, 2011 12:24 am ] |
Post subject: | |
There are too many applicants for not enough positions, and in a times like these, when companies are cutting back and laying off they need to look for bright line indicators when trying to make hiring decisions from an absurdly larger than normal hiring pool while using fewer HR positions (and therefore man-hours) to do it. This leads employers to make these decisions after using base-line eliminators to narrow the pool based on easily distinguishable risk factors, like "current employability" and "credit risk". It's all part of the market, and it's nessecary. |
Author: | Müs [ Wed Jul 20, 2011 12:33 am ] |
Post subject: | |
My credit rating has no bearing on how good an employee I am. Nor does it have a bearing on how good a driver I am. The only thing my credit rating says about me is that I have shitty credit. Don't loan me money. |
Author: | Rynar [ Wed Jul 20, 2011 12:39 am ] |
Post subject: | |
It speaks to honesty, integrity, punctuality, willingness to honor a contract, and overall responsibility. |
Author: | bale [ Wed Jul 20, 2011 12:41 am ] |
Post subject: | |
but it is an indication of how responsible and reliable you are, in a somewhat indirect/general sort of way |
Author: | Müs [ Wed Jul 20, 2011 12:42 am ] |
Post subject: | Re: |
Rynar wrote: It speaks to honesty, integrity, punctuality, willingness to honor a contract, and overall responsibility. No. No it doesn't. It speaks to whether or not I can pay a bill on time. Has nothing to do with whether or not I do my job well, show up on time, don't steal ****, etc. |
Author: | Rynar [ Wed Jul 20, 2011 12:48 am ] |
Post subject: | Re: Re: |
Müs wrote: Rynar wrote: It speaks to honesty, integrity, punctuality, willingness to honor a contract, and overall responsibility. No. No it doesn't. It speaks to whether or not I can pay a bill on time. Has nothing to do with whether or not I do my job well, show up on time, don't steal ****, etc. Yes. Yes it does. To a mathematic certainty. It is used in every manner of underwriting. You don't have to like it, but it breaks down as a bright line indicator. |
Author: | Müs [ Wed Jul 20, 2011 12:54 am ] |
Post subject: | Re: Re: |
Rynar wrote: Müs wrote: Rynar wrote: It speaks to honesty, integrity, punctuality, willingness to honor a contract, and overall responsibility. No. No it doesn't. It speaks to whether or not I can pay a bill on time. Has nothing to do with whether or not I do my job well, show up on time, don't steal ****, etc. Yes. Yes it does. To a mathematic certainty. It is used in every manner of underwriting. You don't have to like it, but it breaks down as a bright line indicator. Except that it doesn't. It honestly has no bearing on how I drive a car, nor how good I am at work. Credit rating should be used for one thing. Credit. That's it. Period. End of discussion. |
Author: | bale [ Wed Jul 20, 2011 12:56 am ] |
Post subject: | |
being punctual is a big part of professionalism, though. it doesn't matter how good of a driver you are, nor how amazing you are at what you do if you don't make their deadlines and they can't rely on you consistently |
Author: | Müs [ Wed Jul 20, 2011 1:00 am ] |
Post subject: | Re: |
bale wrote: being punctual is a big part of professionalism, though. it doesn't matter how good of a driver you are, nor how amazing you are at what you do if you don't make their deadlines and they can't rely on you consistently Whether or not I got into financial difficulty and had issues making payments to a credit card on time has no bearing on work performance. |
Author: | Raltar [ Wed Jul 20, 2011 1:19 am ] |
Post subject: | |
I understand the risk in hiring people with bad credit...but how the **** do you fix your credit if no one will hire you? It's kinda shitty. I know "you shouldn't have gotten into that situation to begin with" but **** happens. People get fired, businesses go under, the economy tanks. Oh well. |
Author: | Jocificus [ Wed Jul 20, 2011 1:41 am ] |
Post subject: | Re: |
Rynar wrote: It speaks to honesty, integrity, punctuality, willingness to honor a contract, and overall responsibility. Mine points to the fact that my X was completely unwilling to pay her half of the bills when we separated, through no fault of my own. Unfortunately, if all you had was my credit score you wouldn't have any idea of the circumstances that caused it. |
Author: | Corolinth [ Wed Jul 20, 2011 1:43 am ] |
Post subject: | Re: Unemployed Need Not Apply |
The argument of credit rating showing how punctual and professional an applicant is might be valid and rational, if not for the numerous counter-examples of people with dodgy credit ratings who show up to work on time every day and perform at a satisfactory or exemplary level. You might wish to think it means something, especially if you have a good credit rating and are looking for further reasons to pat yourself on the back, but in the end it's nothing more than an additional arbitrary means of discriminating against people. |
Author: | bale [ Wed Jul 20, 2011 2:02 am ] |
Post subject: | Re: Unemployed Need Not Apply |
it's a decidedly indirect and somewhat vague indication of an applicant's desirability, but it does have some bearing on employability the hiring process right now is not just about evaluating an applicant's work potential. there are costs and risks involved with each new hire, and it's in the employer's best interest to find the best value from amongst the applicant pool. I'm not saying that measuring employability based on credit score is a fair method, but it is a crude method of reducing the number of applications that employers have to look at before they have to invest time and money in screening and then interviewing people from a very conservative view point, credit history reflects how responsible a person is financially and how sound their judgement has been in their personal finances. take out the financial aspect and juxtapose those two traits into a professional setting. they are two traits that most employers value very highly I'll admit that it doesn't take into account sheer bad luck with the economy and shitty exes, though. it's not a fair measurement in that respect, but hey that only includes people affected by the economy and divorcee's. that's just.. like.. what.. the few million out of a job and the purportedly 50% of all married adults that are like.. what.. 60% of all adults in the US? :p |
Author: | Rynar [ Wed Jul 20, 2011 10:48 am ] |
Post subject: | Re: Unemployed Need Not Apply |
Corolinth wrote: The argument of credit rating showing how punctual and professional an applicant is might be valid and rational, if not for the numerous counter-examples of people with dodgy credit ratings who show up to work on time every day and perform at a satisfactory or exemplary level. You might wish to think it means something, especially if you have a good credit rating and are looking for further reasons to pat yourself on the back, but in the end it's nothing more than an additional arbitrary means of discriminating against people. Poor performance at work has a considerable overlap with poor credit when looking at large pools or numbers. Your credit score is used in underwriting for just about every type of insurance under the sun. Some companies use it as a primary factor. Again, you don't have to like it, but the math is real and when companies have too many applicants for not enough positions and not enough staff to sort through them all, they work as bright line indicators to narrow the pool by risk. |
Author: | RangerDave [ Wed Jul 20, 2011 11:53 am ] |
Post subject: | Re: |
Rynar wrote: There are too many applicants for not enough positions, and in a times like these, when companies are cutting back and laying off they need to look for bright line indicators when trying to make hiring decisions from an absurdly larger than normal hiring pool while using fewer HR positions (and therefore man-hours) to do it. Ironically, though, it's precisely in times of high unemployment when credit scores (and current employment status) will be least effective at predicting applicants' personal reliability because general economic conditions over which individuals have no control are more of a factor than usual. |
Author: | Arathain Kelvar [ Wed Jul 20, 2011 12:00 pm ] |
Post subject: | Re: Unemployed Need Not Apply |
Corolinth wrote: The argument of credit rating showing how punctual and professional an applicant is might be valid and rational, if not for the numerous counter-examples of people with dodgy credit ratings who show up to work on time every day and perform at a satisfactory or exemplary level. You might wish to think it means something, especially if you have a good credit rating and are looking for further reasons to pat yourself on the back, but in the end it's nothing more than an additional arbitrary means of discriminating against people. There's always counter examples, but why does an employer care about these? He's using whatever means are even remotely justifiable to reduce the applicant pool. Credit score is an indicator of character. I would have admitted that right after college, when I made a strategic decision to trash my score in an effort to get through college (I subsequently paid everyone off and now have an exemplary score). I made an agreement that I had no intention of honoring within the terms agreed upon. I know employers that don't hire if you have convictions. Lots of them. We all know that circumstances can get people busted for dumb **** (marijuana, etc). There's good people with convictions. It's not perfect but it's an indicator of character accross the population. |
Author: | Rorinthas [ Wed Jul 20, 2011 2:31 pm ] |
Post subject: | Unemployed Need Not Apply |
The problem is it's an employers market. There are lots of applicants per position. So employers afford to knock off a couple of good possibles with a base line check in order to weed though their growing pools. Right now they can have it all. It sounds like bad press but I'm not convinced that unemployed or having a poor credit score are EoE protected status points. |
Author: | Lonedar [ Wed Jul 20, 2011 4:15 pm ] |
Post subject: | |
EEOC (generally) prohibits discrimination based on: * Age * Disability * Equal Pay/Compensation * Genetic Information * National Origin * Pregnancy * Race/Color * Religion * Retaliation * Sex * Sexual Harassment Anything else is fair game. I used to work for a state senator. I could have been not hired or fired for merely disagreeing with him. |
Author: | Rorinthas [ Wed Jul 20, 2011 7:14 pm ] |
Post subject: | Unemployed Need Not Apply |
Pretty much. |
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