Facebook announces that remote WFH employees will have salaries decreased to match local COL

[Anonymous]

Employees have until January 2021 to notify Facebook HR/Legal about their new relocation. They will then have their salary adjusted to local COL. Penalty for not doing it - severe. Read: you're fired and we're suing you.

The company, one of Silicon Valley’s biggest employers, is giving U.S. staffers who are approved to work remotely until Jan. 1, 2021 to update the company on where they plan to base themselves, at which point their salaries will be adjusted to reflect the local cost of living.

Zuckerberg said he expects half of Facebook’s workforce to take him up on the offer over the next five to 10 years.

Employees who attempt to wiggle around those compensation adjustments will be subject to “severe ramifications,” he said, as the company needs to account for employee locations to avoid violating tax laws.

https://www.reuters.com/article/us-health-coronavirus-tech/with-remote-work-plan-facebook-dashes-hopes-of-paycheck-arbitrage-idUSKBN22Y1IA

[Anonymous]

That is effed up

[Anonymous]

Sounds perfectly reasonable.

[Anonymous]

It's messed up, but also I kind of get it at the same time.

[Anonymous]

Interesting! Great way for the company to save money.

[Anonymous]

Anonymous wrote:That is effed up

why? you don't need SV salaries if you live in ID.

[Anonymous]

That seems reasonable to me. In my organization salary is based on locality, including for remote workers. One worker moved from DC to CT to telework full-time and had her salary adjusted downward. She was fine with it, as she had a lower COL.

[Anonymous]

They are also monitoring your VPNs (your online activity for the company). Try to get around this and you'll be facing a lawsuit from a billion-dollar company.

[Anonymous]

Anonymous wrote:That is effed up

Wow

[Anonymous]

Anonymous wrote:They are also monitoring your VPNs (your online activity for the company). Try to get around this and you'll be facing a lawsuit from a billion-dollar company.

Big brother at work.

[Anonymous]

Anonymous wrote:That is effed up

Why? Seems reasonable to me to take COL into account.

[Anonymous]

Federal jobs have locality pay too. This doesn't seem unreasonable to me. But i hope they'll be very transparent and apply a consistent standard

[Anonymous]

Anonymous wrote:That seems reasonable to me. In my organization salary is based on locality, including for remote workers. One worker moved from DC to CT to telework full-time and had her salary adjusted downward. She was fine with it, as she had a lower COL.

almost every company adjusts your salary based on the col of where you live. Why are some people upset that FB is doing this? The fact that FB is giving workers a choice is pretty great, IMO.

[Anonymous]

Anonymous wrote:

Anonymous wrote:That seems reasonable to me. In my organization salary is based on locality, including for remote workers. One worker moved from DC to CT to telework full-time and had her salary adjusted downward. She was fine with it, as she had a lower COL.

almost every company adjusts your salary based on the col of where you live. Why are some people upset that FB is doing this? The fact that FB is giving workers a choice is pretty great, IMO.

They thought they'd still be making high six-figures and moving to Boise or Charlotte.

Facebook said - not a chance.

[Anonymous]

Anonymous wrote:That is effed up

It's not messed up. The tax issue is very real.