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Reply to "Facebook announces that remote WFH employees will have salaries decreased to match local COL"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't really understand all of the outcry here. I would have interpreted this policy as saying something like "we don't really want people to work at home, but we're willing to let them do it if it will save us money." Which sounds fair enough. I'm not sure why anyone would want to move from SF to middle-of-nowhere, USA, personally, but maybe it works for some.[/quote] That's fine if you make the announcement BEFORE approving WFH/remote plans. It sounds like FB decided to cut salaries AFTER telling people they could work remotely. That's just a sht thing to do (in addition to sounding like it would violate an employment agreement). And is the sort of thing that makes people go looking for new jobs. Look: people working for companies that are facing hard times seem unhappy but willing to accept pay cuts, if it means keeping their jobs. People working for companies doing better than ever should expect they won't be treated like crap by that company, financially, I think. I see no problem with this policy applying to new employees, that said, so long as they go in knowing what the policy is.[/quote] No.. they have till Jan 2021 to decide whether they want to wfh permanently or not. Announcing the col adjustment now means they have the knowledge in hand before they make the decision. You are misinformed. Yes, when things take a down turn, employers benefit. For decades in SV, it's been an employee's market, rather than an employer's market. No different to how real estate prices work, or any thing else. It's called supply and demand.[/quote]
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