Facebook announces that remote WFH employees will have salaries decreased to match local COL
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Anonymous
Exactly. Are you decreasing salaries for people who have spouses that work? Increasing salaries for people with kid - or decreasing salaries for those who don't have kids? You can do this so long as your employees aren't going to jump ship. My last employer cut my salary by $10k because of where I lived. Well guess what - I still have to pay my student loans and my mortgage, and I took another job that paid more when I got the opportunity. |
Anonymous
Ditto. |
Anonymous
Uh huh - and you did that because you lived in an area with a great job market. Try moving to Savannah, GA or St. Louis, Missouri and finding a new job for a tech company's skillset. Half the companies won't allow remote work and will require a SV residence and the other half that do like Facebook/Google/Microsoft will cut your salaries because they CAN. |
Anonymous
| Not fair. I left DC when daycare closed (many thanks to my family) but I'm still paying rent on my DC apartment and tuition to my closed DC daycare, so expenses haven't gone down very much. |
Anonymous
No one is forcing you to keep an extra rental or pay daycare into summer. Cancel contracts if you plan to permanently move. |
Anonymous
? your employer doesn't pay you based on whether your expenses have gone down. Who are all these people who say "it's not fair .. waaah"? Are you millennials? |
Anonymous
Guess what, your employers don't pay you based on your expenses. I think this is very fair. FB is giving people a choice. How many other companies are giving their employees a choice to permanently wfh ? |
Anonymous
I want to come back! I cant wait to come back! I am waiting for DC to open back up! It took us forever to get off daycare waitlists with two kids and we'd need a bigger place to swing 2 children, 2 teleworkers, and a nanny. We would only break contracts if we knew this would continue for a year or more. |
Anonymous
| It's perfectly fair. There is nothing preventing you from keeping your primary residence in CA and working from your second home in FL is there? |
Anonymous
Nope but salary isn’t based on your mortgage, it’s based on where you as a person are based. They already said they’ll be monitoring VPN traffic which tags your geolocation. I would hate to get into a fight with Facebook legal. |
Anonymous
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I hate Facebook but I am curious to know the age range of people who are saying its not fair? Paying based on locality is done pretty much across the board, private and public, and has been this way since the beginning of time. They will make $$$ compared to people where they're moving anyway just not outrageous salaries. But you cant live in BFE and command Silicon salaries, it's as simple as that.
When people here you make 250k you say, yeah but I live in DC where COLA is high. This is level setting that equation. Now you make 125k (still great) but a house costs 200k in BFE with a big yard. |
Anonymous
| hear not here* |
Anonymous
| This is going to create some very weird incentives to hack the cheapest location that still pays full salary. Like the furthered out SV/DC/NY suburb. |
Anonymous
| This is industry standard in the tech world. And, within tech very few people argue with it because you make out better in the lower cola areas. So for example, DC is a TIer 1 city. You make the highest amount here. But move to Scottsdale, which is 33% less cola and a Tier 3 city, and you only make 20% less with most companies. So the outrage here is insane to me. |
Anonymous
If appraisal companies can accurately pinpoint a house's value in say...Chantilly vs Arlington or Westchester vs Manhattan, what makes you think Facebook - which has access to everyone's data - won't be do the same for further out suburbs down to the mile? As for Silicon Valley - people are already living at 2 hour commutes away from the Facebook hub just to pay for the privilege of a $600,000 SFH. They deserve full pay. The remote WFH will probably lose access to facebook office benefits and a pay cut if they are not coming into the office certain days of the week. Here's what the COL in Dixon, California (a SV suburb with a 2-hour commute) looks like - https://www.cnbc.com/2018/08/20/pr-rep-commutes-4-hours-every-day-to-avoid-45000-dollar-san-francisco-rent.html https://www.redfin.com/CA/Dixon/965-Bounds-Dr-95620/home/2433372 https://www.redfin.com/CA/Dixon/2240-Mariposa-Dr-95620/home/2620889 https://www.redfin.com/CA/Dixon/510-W-Cherry-St-95620/home/144147159 https://www.redfin.com/CA/Dixon/241-S-1st-St-95620/home/2437703 |