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Earlier quoted context omitted.
Not every FB employee is a highly paid software engineer who has savings to weather a multi-month public health crisis.
then not everyone should get it
Damn, say what you will about FB, that's a gesture and a half.
Why? It's a fraction of a percent of most employees' annual pay, which presumably they are still receiving. If anything, it's like giving everyone a tiny bonus for some PR. At least that's how I read it. If they gave that money to contractors, that would actually be a gesture of good will. Honestly I feel like they'd be better off only giving it to contractors and ignoring their employees, who are already extremely w…
Earlier quoted context omitted.
Yes, but in the Bay Area it's not uncommon to have household workers – cleaners, nannies, etc. Something like this would allow people to continue to pay those folks who are not working now, and have no other form of income or assistance. It would help the FB workers, because they're going to be doing that work on top of their normal jobs. Not saying that's what people will use the money for, but it ups the odds at le…
So the classic argument of 'trickle down economics'. I"d wager that that $1k will just go into their bank account, like their bonus would.
They are doing something positive in their locus of control. And of course people are upset about it because... reasons.
> It’s not clear if Facebook will also give a bonus to contractors who are content moderators. Let me guess: it doesn't. Have Facebook contractors been given the right to work from home yet?
Damn, say what you will about FB, that's a gesture and a half.
Why? It's a fraction of a percent of most employees' annual pay, which presumably they are still receiving. If anything, it's like giving everyone a tiny bonus for some PR. At least that's how I read it. If they gave that money to contractors, that would actually be a gesture of good will. Honestly I feel like they'd be better off only giving it to contractors and ignoring their employees, who are already extremely w…
read the article - they're giving out 1k to each of the 45k employees. i'm sorry for the contractors (i don't know if it includes them) but that's still a small city's worth of people. they're also guaranteeing bonuses for the next two quarters for all of those people. i don't care about fb but the move definitely clears the bar for nice gesture even if it's not nobel peace prize worthy.
like how about we just rejoice in one small nice thing instead of taking meaningless cynical potshots?
> It’s not clear if Facebook will also give a bonus to contractors who are content moderators. It seems like they are the most at-risk, considering they are not paid as much as all the developers.
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Maybe they think all their employees will spend an extra $1000 they wouldn't have otherwise. Some of it might be spent keeping local business running for a week? I don't know.
arent local businesses closing?
Not sure why there are so many negative comments. This is a win and sets a great example that hopefully other companies can follow. Yes, software engineers at FB have probably no (or very little) problem working from home and get their $200k salary, but this is a win regardless.
It’s seen as rearranging deck chairs on the titanic. the median compensation for a Facebook employee is $228,651 That’s not a group facing huge financial issues which 1k is going to do much about.
I am not saying it is a poor use of 45 million dollars, but I can see people viewing this as meaningless.
Earlier quoted context omitted.
Yes, but in the Bay Area it's not uncommon to have household workers – cleaners, nannies, etc. Something like this would allow people to continue to pay those folks who are not working now, and have no other form of income or assistance. It would help the FB workers, because they're going to be doing that work on top of their normal jobs. Not saying that's what people will use the money for, but it ups the odds at le…
So the classic argument of 'trickle down economics'. I"d wager that that $1k will just go into their bank account, like their bonus would.