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Home Enterprise

Facebook Is Thinking Of Slashing Salaries Of Workers Working Remotely

Paul Balo by Paul Balo
April 20, 2021
in Enterprise
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Facebook has thrown intimations that it might be slashing the salaries of its remote workers despite the fact that it is a big supporter of its employees working from home. Since the advent of the coronavirus, many companies have had to devise means of continuing their business operations while adhering strictly to the covid-19 rules. The pandemic has birthed a season of ‘working from home’ for many companies and individuals.

Read more: COVID-19 AND REMOTE WORK: HOW TECH SALARIES HAVE BEEN IMPACTED BY THE NEW NORMAL

According to what Facebook hinted, employees who leave their designated work region and shift to their home country to work may face a salary cut. The company’s President of People Growth; Brynn Harrington said in a BBC report that “We pay based on the local cost of labor in a market. So there will be variability in terms of pay for remote workers, based on where they work”. Accordng to GadgetsNow, “this means that if an employee working at Menlo Park campus in Carlifornia decides to come back to India and work remotely, the employee may see a salary correction and be paid as per the local cost of labor”.

Brynn Harrington also said that the company supporting working remotely is not an agenda that involves reducing costs, as many people think. The President of People Growth made it clear that employers who are working from home are ‘thriving’ while doing so. According to her, “…for example, parents who are closer to their children and are happy to cut their commute time and optimize their work day, they’re thrilled to work from home”. After saying this, she also made it known that not all employees have been able to maximize working from home. She said that “we have people juggling care-giving responsibilities; we have people living in small apartments with roommates, those people desperately want to get back into offices, and we’re working really hard to do that, as soon as it’s safe to open our offices”.

While working remotely is fast becoming a thing around the world, Facebook CEO has given hints that at least 50 percent of its employees may be working remotely within the next five to ten years.

 

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Paul Balo

Paul Balo

Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.

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