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Facebook is giving $1k to every employee

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Re: Facebook is giving $1k to every employee

#81
post #43

Earlier quoted context omitted.

Facebook should be doing this for their contractors. (not the software development ones).. the guys who clean the office, maintain the landscape, cook the food, clean the dishes in their cafeterias, etc.

Haha I'm a contractor at my current job and while my job is extremely secure, all those benefits and assurances my company is sending out don't apply to me. Its great that none of the employees at my company have to show up sick and will still get paid, but what about us temps and contractors? The temps and contractors are the ones that will be spreading covid-19 due to our circumstances.

I've commented about my situation elsewhere, but I'm in a very similar situation. I've spent quite a bit of money I can't really afford right now to allow me to not need to leave my home for a couple of months if need be. I've also had to buy extra cleaning supplies and ppe as my employer either can't acquire or afford ppe for all their staff. I hope I don't get sick before I get laid off, but I have to leave my house to work in a very high traffic area. My employer also isn't making any statements about being paid while at home on leave. It'd probably kill the business. The owners taken on loads of debt and spent it rather frivolously over the past few years.

Re: Facebook is giving $1k to every employee

#82
post #74
post #4

But why? Aren't most of their employees going to still be making their salary anyways? What do they need the extra money for? The people in the economy that really need the money are not the people working at Facebook. I mean, congrats to Facebook employees, I just don't understand why.

Because working from home with kids unable to leave house produces extra expenses for child care (switching from daycare to babysitter will be expensive) etc. If you do not do that, you need to cut hours, which reduce your income. What FB does here is to comfort their worried employees with some money, push the overall moral and mitigate some of the impacts ppl feel. You can replace babysitting with caregiving, being…

Is babysitting even legal with the shelter in place order?

Re: Facebook is giving $1k to every employee

#83
post #43
post #4

But why? Aren't most of their employees going to still be making their salary anyways? What do they need the extra money for? The people in the economy that really need the money are not the people working at Facebook. I mean, congrats to Facebook employees, I just don't understand why.

Facebook should be doing this for their contractors. (not the software development ones).. the guys who clean the office, maintain the landscape, cook the food, clean the dishes in their cafeterias, etc.

>Facebook should be doing this for their contractors. (not the software development ones).. the guys who clean the office, maintain the landscape, cook the food, clean the dishes in their cafeterias, etc.

AFAIK, the company is continuing to pay these folks, even when the offices are closed.

Re: Facebook is giving $1k to every employee

#84

It might be a gesture at a company like Amazon where they employ many low paid workers, but at FB a high proportion of workers will see this as a 0.2-1% bonus. The 'exceeds' performance review will have a much bigger impact on income.

The 'exceeds' performance review will have a much bigger impact on income.

Not until mid-September bonus payout, though.

Re: Facebook is giving $1k to every employee

#85
post #74
post #4

But why? Aren't most of their employees going to still be making their salary anyways? What do they need the extra money for? The people in the economy that really need the money are not the people working at Facebook. I mean, congrats to Facebook employees, I just don't understand why.

Because working from home with kids unable to leave house produces extra expenses for child care (switching from daycare to babysitter will be expensive) etc. If you do not do that, you need to cut hours, which reduce your income. What FB does here is to comfort their worried employees with some money, push the overall moral and mitigate some of the impacts ppl feel. You can replace babysitting with caregiving, being…

In Bay Area, you’re no longer allowed to have a baby-sitter who doesn’t live with you while current covid-19 measures are in place.

Re: Facebook is giving $1k to every employee

#86
post #74
post #4

But why? Aren't most of their employees going to still be making their salary anyways? What do they need the extra money for? The people in the economy that really need the money are not the people working at Facebook. I mean, congrats to Facebook employees, I just don't understand why.

Because working from home with kids unable to leave house produces extra expenses for child care (switching from daycare to babysitter will be expensive) etc. If you do not do that, you need to cut hours, which reduce your income. What FB does here is to comfort their worried employees with some money, push the overall moral and mitigate some of the impacts ppl feel. You can replace babysitting with caregiving, being…

>If you do not do that, you need to cut hours, which reduce your income.

Are Facebook employees paid by the hour?

Re: Facebook is giving $1k to every employee

#87

I don’t know what the deal is, but I feel like the cynicism on HN has just constantly ramped up over the past couple of years. I actively feel worse after reading the comments on a lot of articles posted on here, and it’s just not an enjoyable experience. There was another article posted recently about a CEO raising the minimum salary of all of his employees to $70,000 and cutting his personal costs to afford it, and…

HN comments remind me of how monkeys would rather have nothing than see another monkey get more than them.

https://www.youtube.com/watch?v=meiU6TxysCg

Re: Facebook is giving $1k to every employee

#88
post #53

What if Facebook gave a $1,000 to every user... Now that would be news...

FB has ~2.5B MAUs, so you're talking ~$2.5T. Facebook is worth about $0.5B, but they'd be worth much less than that if they tried to turn the business into cash to distribute. FB doesn't have anywhere near the money you're talking about.

Re: Facebook is giving $1k to every employee

#90
post #74

Earlier quoted context omitted.

Because working from home with kids unable to leave house produces extra expenses for child care (switching from daycare to babysitter will be expensive) etc. If you do not do that, you need to cut hours, which reduce your income. What FB does here is to comfort their worried employees with some money, push the overall moral and mitigate some of the impacts ppl feel. You can replace babysitting with caregiving, being…

Is babysitting even legal with the shelter in place order?

Childcare is explicitly listed as an essential service :/
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