Facebook employees to face pay cut if they move to cheaper areas

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Zuckerberg says Facebook staff can work from anywhere — for a price

According to Zuckerberg, more than half of Facebook's employees are as productive as they used to be before the coronavirus pandemic happened.

The exact number of employees hasn't been revealed, however, company's Chief Executive Officer Mark Zuckerberg said that "as many as half of Facebook's 45,000 employees would Work From Home permanently, within the span of a decade".

Employees now working remotely who want to extend their remote work plans beyond the end of this year will need to alert Facebook for tax and payroll reasons.

Zuckerberg says Facebook staff can work from anywhere — for a price

Mr Zuckerberg, 36, said the company would be "the most forward-leaning company on remote work at our scale" in a video streamed live on Facebook.

The firm, one of Silicon Valley's most significant companies, is providing United States staffers that are accepted to work from another location till January 1, 2021 to upgrade the firm on where they plan to base themselves, whereupon their wages will certainly be adapted to show the neighborhood price of living.

CEO Jack Dorsey emailed employees Tuesday saying when offices do finally open their doors, workers can choose to come in or continue working from afar.

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Newer employees, especially recent college graduates or those with little experience and poor performance, could also fall into this group, Zuckerberg said.

Remote work, however, does not mean people would be able to also retain a desk at a Facebook office. But now the tech giant is shifting focus from creating envious workspaces to allowing many of its employees to work from the comforts of their own homes. These spaces will not be traditional offices, but areas where Facebook employees could meet up, he added.

Working with partners "We're also working more closely with partners like Shopify, BigCommerce, WooCommerce, Channel Advisor, CedCommerce, Cafe24, Tienda Nube and Feedonomics to give small businesses the support they need", The team says.

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"Then on the existing employees, we're going to allow people to request to be a permanent remote worker at some point", he said.

Facebook found that more experienced and tenured people wanted to work remotely than junior people, and there was no difference in preference by gender, which Zuckerberg said he had been concerned about due to the possibility of a disproportionate load of domestic responsibilities falling on women. Since the coronavirus has upended work and office life, even companies with fewer resources and slower-moving cultures are likely to follow.

Afraid not, Zuckerberg stated, attending to workers in an openly relayed livestream on his Facebook web page. It is really important to take a long-term approach to how we think about remote work. Facebook's headquarters are located in San Mateo, America's sixth-wealthiest county, so moving nearly anywhere would mean pay reductions.

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