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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]I am shocked at how many people don’t understand a COL adjustment. This is OPTIONAL, and you have months to decide if you want to move. It’s necessary for FB to take the locality pay seriously because there’s real tax implications for both employees and FB. The argument that a the job is unchanged and thus the pay shouldnt change is beyond stupid. By that argument, anyone who is recruited from Omaha at $80K shouldn’t make a penny more if they live in SF. FB engineers are well compensated and in demand; market forces will dominate. FB isn’t going to offer someone $70K to work in Virginia who makes $250K in SV. Two very simple reasons: (1) If they did, competitors would just scoop that talent up, and (2) If they did and no one took the offer, they’d save nothing. This is win-win. Half of you people are insane. [/quote] You are correct and also wasting your breath. When someone can’t understand why FB employees would be upset at the change, that means this thread is a lost cause...[/quote]
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