Like most tech companies, Facebook sent a lot of their employees to work from home when the Coronavirus struck. Now Mark Zuckerberg says they can stay–but there’s one catch: If they move out of a high cost of living area, they’ll likely see a pay cut.
Zuckerberg says that by January 1, 2021, people who are approved for full-time remote work will have to notify Facebook of their new location, and their pay will be adjusted accordingly.
This is not a shocking business move. Many businesses pay people differently based on their local cost of living. Most of us can agree that jobs in New York City generally pay more than jobs in rural Idaho.
I think this move by Facebook is a great thing.
To keep reading, click here: Why You Should Follow Facebook and Pay Remote Workers Less