121–130 of 210 posts
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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.
the median compensation for a Facebook employee is $228,651 It’s not clear if Facebook will also give a bonus to contractors who are content moderators Kudos to Facebook for trying to help their team weather the storm. Hopefully the folks who need it most get the bonuses as well.
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.
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1. That was shopify 2. It's an expenses budget for home working equipment, not just cash in their paychecks, and not with max performance rating for max bonus
1. My bad, fixed in edit (originally said Spotify). 2. Does that matter? Paycheck stipend is easier to process for everyone and just makes it the same amount for everyone so policy is easier. Seems like a nice thing to do for employees that might have extra expenses during the lockdown (higher grocery cost, etc.)
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They have a lot of contractors, who are. And there is (used to be) a caste like energy on how contractors were viewed as opposed to actual FTEs.
As far as I can tell, contractors aren't included in this initiative.
Are the contractors who serve food or drive the employee shuttles also receiving this?
> as the median compensation for a Facebook employee is $228,651 Meanwhile in silicon valley people making an average of $228k a year get a $1,000 for no reason. They are on salary already and $1,000 doesn’t move the needle for them. This is absurd.
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.
not everyone is making a software engineer salary at Facebook.
personally, i never had a proper work from home setup so i would spend it on an ergonomic chair, keyboard, mouse, noise cancelling headphone, dual monitor etc.
Bonuses just got issued at most if not all SV companies, I work at Uber and ours checked in 3/13, so more money is the last thing SV techies need at this time. The funds should have been directed to orgs supporting freelancers etc