Yeah I get market value, and they are clearly devalue folks hard earn work. If you paid 100K in DC for Cap One, you paid 100K in Texas for the same job.
LIES
Mark Zuckerberg planning to localize Facebook salaries as WFH increases
- Thread starter Rell Lauren
- Start date
LIES
Just like if I move tomorrow to work at my job in SF. I want double the pay because of the COL or I’m not going
And you realize that you can kiss my fukking ass, and if you don't like that, then you can kiss my fukking ass. Bottom line, even taking a cost of living pay cut because they want to work from home out in bumbfukk somewhere, they're going to be ahead of the game. Oh, and kiss my fukking ass. Like someone doesn't know that rent wasn't high before the tech people moved in. That's why we're having this fukking conversation.
SleezyBigSlim
Banned
That won't work, for security purposes corporate laptops basically have built in GPS through their VPN they can tell where you are when you log on.
Get a PO box in a major metro and set that up as your official address, mean while you are remoting from the country side getting city pay
Voice of Reason
Veteran
Voice of Reason
Veteran
Are the corporate board members getting paid based on the place they live 
R.E.N. Spells Ren
Veteran
Because FB closed their office due to a fukking pandemic.
I’ve stated my position: An active employee who his forced to WFH choosing to find a cheaper place to stay doesn’t cost FB any extra money (WFH is probably saving FB money). Reducing their pay on a technicality born out of non-pandemic “comparable” circumstances is reprehensible and yet another example of corporate greed. And of course regular Joe’s in here defending it.
Rell Lauren
Banned
Because FB closed their office due to a fukking pandemic.
I’ve stated my position: An active employee who his forced to WFH choosing to find a cheaper place to stay doesn’t cost FB any extra money (WFH is probably saving FB money). Reducing their pay on a technicality born out of non-pandemic “comparable” circumstances is reprehensible and yet another example of corporate greed. And of course regular Joe’s in here defending it.
Everyone lived in the Bay Area. They are leaving and working remotely. They didn't have to leave. They made their choice and a consequence of it is that they will see their salary take a hit. They were officially put on notice today. They have six months to comply. If they stayed in the vicinity of the HQ, they wouldn't risk losing money. I make the money I make is because I work in the NYC metro area. If I were doing the same job at my firm down in Charlotte or Columbus, I see a significant drop in pay because it would be adjusted for the cost of living. If I was in the Bay, I'd get more.
Who's defending it? What Facebook is doing is setting the tone for others to follow suit. They don't have to worry about talent getting poached. They have people beating down the door to get in. I guarantee the other FAANG companies are paying attention to see if it works.
SleezyBigSlim
Banned
Companies already do this and they are reminding people that if they relocate and wfh it will be at a localized salary.
Rell Lauren
Banned
Going to be a bloodbath for those that lease. Going to be ugly in the cities.
R.E.N. Spells Ren
Veteran
Man miss me with that emotional talk, you pulled that out of your ass. Nothing I said has been emotional.
I explained my logic, you just chose to defend corporate greed.