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Facebook is giving $1k to every employee

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Re: Facebook is giving $1k to every employee

#151

Post by jamiequint »

dpkingma wrote: post #118
garmaine wrote: post #90

Earlier quoted context omitted.

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 essent…

The actual text of the law seems to contradict this though. From: https://www.sfdph.org/dph/alerts/files/HealthOrderC19-07-%20...

f. For the purposes of this Order, “Essential Businesses” means: xviii. Home-based care for seniors, adults, or children;

h. For the purposes of this Order, “Essential Travel” includes travel for any of the following purposes. ii. Travel to care for elderly, minors, dependents, persons with disabilities, or other vulnerable persons.

Re: Facebook is giving $1k to every employee

#152

Post by allenrb »

Disclaimer: Former FB engineering employee.

I have rarely seen a greater bunch of whining here. Don’t like FB as a business? Fine, I don’t really either. But they take care of their people. If there must be an outpouring of whining, maybe direct it at those other companies that also have cash on hand and aren’t giving some of it to employees?

Re: Facebook is giving $1k to every employee

#153

Post by jamiequint »

dpkingma wrote: post #116
bradleybuda wrote: post #95

Earlier quoted context omitted.

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 requ…

That's not the actual text of the law. The actual text says:

f. For the purposes of this Order, “Essential Businesses” means: xviii. Home-based care for seniors, adults, or children;

h. For the purposes of this Order, “Essential Travel” includes travel for any of the following purposes. ii. Travel to care for elderly, minors, dependents, persons with disabilities, or other vulnerable persons.

It says nothing about limitations to this based on need for medical care only.

Re: Facebook is giving $1k to every employee

#154

Post by Hamuko »

tathougies wrote: post #141
Hamuko wrote: post #3

> 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?

> Have Facebook contractors been given the right to work from home yet? Facebook contractors have that right implicitly. If the contractor is required to perform their work in a certain way, they are a statutory employee. By filing their taxes as employees, rather than contractors, this would hit facebook with an IRS investigation and hefty fines. They don't need to be given permission to work from home.

Facebook had mandated that some work had to be done from an office.

>A Facebook spokesperson told The Intercept that “for both our full-time employees and contingent workforce there is some work that cannot be done from home…for content reviewers, some of this work must be done from the office for safety, privacy and legal reasons,” adding that “we’re exploring work from home options on a temporary basis, and have already enabled it in some locations.”

Re: Facebook is giving $1k to every employee

#155

Post by titanomachy »

ccktlmazeltov wrote: post #144
throwaway713 wrote: post #37

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…

I work for Facebook and a lot of employees were quite stressed with all these changes (especially the ones with kids). I can tell you that this has been a huge boon for people's morale. (Just an insider's point of view, as I feel like HN doesn't get too many of these.)

Boom -> boon?

Re: Facebook is giving $1k to every employee

#156

Post by dr-detroit »

throwaway713 wrote: post #37

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…

Facebook could give me a million dollars (i dont work for them) and I would still hate them they make people miserable.

Re: Facebook is giving $1k to every employee

#157

Post by packetslave »

nerdponx wrote: post #135
supercanuck wrote: post #132

Earlier quoted context omitted.

Here is why: https://en.wikipedia.org/wiki/Shareholder_primacy Why did they choose $1,000? Why not $2,000, $6,000 on any other number for that matter? They are piggy backing on the good will Andrew Yang and Mitt Romney generated.

Stated another way: this is a $45m PR investment.

Considering that the only way HN knows anything about this is because some jerk leaked an internal post from Mark, this has nothing to do with PR.

Re: Facebook is giving $1k to every employee

#158

Post by staticautomatic »

titanomachy wrote: post #155
ccktlmazeltov wrote: post #144

Earlier quoted context omitted.

I work for Facebook and a lot of employees were quite stressed with all these changes (especially the ones with kids). I can tell you that this has been a huge boon for people's morale. (Just an insider's point of view, as I feel like HN doesn't get too many of these.)

Boom -> boon?

Also moral --> morale.

Re: Facebook is giving $1k to every employee

#159

Post by lukifer »

ryandrake wrote: post #137
hombre_fatal wrote: post #87

Earlier quoted context omitted.

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

People are not always rational utility maximizers. See the Ultimatum Game[1]. There are always people who would rather get nothing than get a small amount when they know the other person would get more. 1: https://en.wikipedia.org/wiki/Ultimatum_game

Assuming a game is played more than once (a safe assumption for human social behavior), I think an occasional Defect / Nobody Gets Anything is quite rational: it's a credible deterrent to disincentivize a grossly unfair distribution.

Re: Facebook is giving $1k to every employee

#160

Post by disgruntledphd2 »

Infinitesimus wrote: post #103
sys_64738 wrote: post #91

Earlier quoted context omitted.

If you earn 300k$ a year then $1k is a rounding error to their megabucks employees.

Maybe, but earning $300K a year really tells us little about someone's financial situation. I'm sure you can imagine a world in which many things - eg: Mortgage, medical costs, loan payments, family needs - can make $300K gross income disappear very quickly. Also remember that that 300k really translates to $130-$180 (guestimate numbers) base and the rest if stock which has also been falling

Yeah, the stock is down about 25% last time I checked.

I'm a current shareholder, and will be a larger one if the price keeps going down :)

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