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Facebook is giving $1k to every employee

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111–120 of 210 posts

Re: Facebook is giving $1k to every employee

#111

Earlier quoted context omitted.

Childcare is explicitly listed as an essential service :/

That kind of defeats the purpose of "shelter in place", doesn't it? With so many asymptomatic carriers and children being germ magnets, those babysitters are going to become a very effective vector for spreading the virus.

Not everyone is capable of going without babysitters though. I see nothing wrong with it for exceptional cases.

Re: Facebook is giving $1k to every employee

#113
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.

Right. This isn't charity, this is just another perk/bonus like free food or bean bag chairs.

Re: Facebook is giving $1k to every employee

#114

Earlier quoted context omitted.

Childcare is explicitly listed as an essential service :/

That kind of defeats the purpose of "shelter in place", doesn't it? With so many asymptomatic carriers and children being germ magnets, those babysitters are going to become a very effective vector for spreading the virus.

Then you either have people whose situation worsens due to coronavirus illness or people whose situation worsens since they can't earn money and instead need to focus on child care. Pick your poison.

Re: Facebook is giving $1k to every employee

#115

Earlier quoted context omitted.

Childcare is explicitly listed as an essential service :/

That kind of defeats the purpose of "shelter in place", doesn't it? With so many asymptomatic carriers and children being germ magnets, those babysitters are going to become a very effective vector for spreading the virus.

I think the Bay Area order mandates small and unchanging groups of kids.

Re: Facebook is giving $1k to every employee

#116
post #85

Earlier quoted context omitted.

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.

This is untrue - please don't spread misinformation. The order explicitly lists "Home-based care for seniors, adults, or children" as a permitted essential business.

In SF it's actually a bit more nuanced, and in most situations nannies are not allowed:

https://sf.gov/stay-home-except-essential-needs "Are nannies permitted to be used? What about other in-home child care? In some instances. If the nanny provides medical/health care for the child, then yes. If the nanny lives with you, then yes. Otherwise, nannies not necessary for medical care are not permitted. Also, parents required to work away from home for essential services may need in-home child care, which is permitted."

Re: Facebook is giving $1k to every employee

#117

Earlier quoted context omitted.

That kind of defeats the purpose of "shelter in place", doesn't it? With so many asymptomatic carriers and children being germ magnets, those babysitters are going to become a very effective vector for spreading the virus.

Then you either have people whose situation worsens due to coronavirus illness or people whose situation worsens since they can't earn money and instead need to focus on child care. Pick your poison.

The latter doesn’t put the entire population at risk.

Re: Facebook is giving $1k to every employee

#118

Earlier quoted context omitted.

Is babysitting even legal with the shelter in place order?

Childcare is explicitly listed as an essential service :/

In SF it's actually a bit more nuanced than that:

https://sf.gov/stay-home-except-essential-needs "Are nannies permitted to be used? What about other in-home child care? In some instances. If the nanny provides medical/health care for the child, then yes. If the nanny lives with you, then yes. Otherwise, nannies not necessary for medical care are not permitted. Also, parents required to work away from home for essential services may need in-home child care, which is permitted."

Re: Facebook is giving $1k to every employee

#119
post #51

Earlier quoted context omitted.

Not everybody at the company is a six figure software engineer.

Sure, but the vast majority are. This is basically targeting the group that includes mostly engineers to give them more money, instead of giving the money to content moderators or other lowly paid employees. Again, this is basically the worst use of the money Facebook could have considered for anything with a remotely philanthropic angle. It reeks of a PR grab to me, and even if not it's just a horrible decision if t…

> this is basically the worst use of the money Facebook could have considered for anything with a remotely philanthropic angle

Huh, this isn't philanthropic. The $100 million they are giving to small businesses is philanthropic.

This is simply a benefit that they are providing to their employees.

Your comment is purely nonsensical. You're acting like FB sent out a press release that talked about this as how they are helping the world fight coronavirus.

Re: Facebook is giving $1k to every employee

#120
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.

The stock market has dropped significantly and a large part of employee compensation at FAANG companies is RSU. This could be seen as making up for lost stock value.
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