Facebook Wants Remote Working to Become Permanent

  • Facebook Wants Remote Working to Become Permanent

Facebook Wants Remote Working to Become Permanent

As in, a pay cut.

Even as many tech workers dream of a future in low-tax states, others on message boards fret about how the shift to remote work could exert downward pressure on salaries across the board and warn that being far from headquarters could steepen the climb up the corporate ladder.

Facebook, which has already said it will stick to plans to hire 10,000 engineers and product employees this year, will also build three new "hubs" in Atlanta, Dallas and Denver where remote workers in those areas could occasionally meet.

And those who choose to work where the cost of living is less should expect to be paid less.

Facebook already pays based on location, but Zuckerberg said employees working remotely must notify Facebook if they move to a new area before January 1, 2021. Nevertheless, employees who left the Bay Area when Facebook implemented work-from-home orders in March may be able to eventually stay where they are, he said.

Zuckerberg's surprise announcement - which followed Twitter's announcement earlier this month that employees would eventually be allowed to work from home indefinitely - will eventually be a "win win" for workers and employers alike, according to one expert. The median home price in Menlo Park, Calif., where the tech giant has its headquarters, is $2.4 million, according to Zillow, while the median home price in the wider Bay Area was $928,000 previous year. "But on a long-term basis, we're going to let people request to work permanently remotely", said Zuckerberg in an interview with The Verge.

"A 25-year-old maybe would rather be in San Francisco, while someone looking to raise a family might prefer to move outside the city", he said.

Ultimately, Zuckerberg said the changes will help Facebook become more diverse in its workforce. Facebook is indicating it'll lower the pay for staffers who move out of a city with a high cost of living. "Certainly being able to recruit more broadly, especially across the USA and Canada to start, is going to open up a lot of new talent that previously wouldn't have considered moving to a big city".

In an attempt to stop misinformation trolls, at the end of 2019 Facebook removed multiple accounts from its platform, including "50 Instagram accounts and one account on Facebook that originated in Russian Federation and focused primarily on the US".

Later in the morning, during a company townhall streamed on his Facebook page, Zuckerberg said the company will be taking a "measured approach to opening permanent remote work for existing employees".