The people in the economy that really need the money are not the people working at Facebook.
I mean, congrats to Facebook employees, I just don't understand why.
The people in the economy that really need the money are not the people working at Facebook.
I mean, congrats to Facebook employees, I just don't understand why.
If you do not do that, you need to cut hours, which reduce your income.
What FB does here is to comfort their worried employees with some money, push the overall moral and mitigate some of the impacts ppl feel.
You can replace babysitting with caregiving, being sick, etc.
In fact, we've already cancelled our babysitter's visits. She's a nurse-in-training, so she understands.
https://sf.gov/stay-home-except-essential-needs "Are nannies permitted to be used? What about other in-home child care? In some instances. If the nanny provides medical/health care for the child, then yes. If the nanny lives with you, then yes. Otherwise, nannies not necessary for medical care are not permitted. Also, parents required to work away from home for essential services may need in-home child care, which is permitted."
f. For the purposes of this Order, “Essential Businesses” means: xviii. Home-based care for seniors, adults, or children;
h. For the purposes of this Order, “Essential Travel” includes travel for any of the following purposes. ii. Travel to care for elderly, minors, dependents, persons with disabilities, or other vulnerable persons.
https://sf.gov/stay-home-except-essential-needs "Are nannies permitted to be used? What about other in-home child care? In some instances. If the nanny provides medical/health care for the child, then yes. If the nanny lives with you, then yes. Otherwise, nannies not necessary for medical care are not permitted. Also, parents required to work away from home for essential services may need in-home child care, which is permitted."
f. For the purposes of this Order, “Essential Businesses” means: xviii. Home-based care for seniors, adults, or children;
h. For the purposes of this Order, “Essential Travel” includes travel for any of the following purposes. ii. Travel to care for elderly, minors, dependents, persons with disabilities, or other vulnerable persons.
It says nothing about limitations to this based on need for medical care only.
Are Facebook employees paid by the hour?
Why on earth would you need childcare if you work from home? Oh such hard work at FB.
Its great that none of the employees at my company have to show up sick and will still get paid, but what about us temps and contractors? The temps and contractors are the ones that will be spreading covid-19 due to our circumstances.
AFAIK, the company is continuing to pay these folks, even when the offices are closed.
not everyone is making a software engineer salary at Facebook.
personally, i never had a proper work from home setup so i would spend it on an ergonomic chair, keyboard, mouse, noise cancelling headphone, dual monitor etc.
Not sure if that’s the intent here, but makes sense.
2. It's an expenses budget for home working equipment, not just cash in their paychecks, and not with max performance rating for max bonus
2. Does that matter? Paycheck stipend is easier to process for everyone and just makes it the same amount for everyone so policy is easier.
Seems like a nice thing to do for employees that might have extra expenses during the lockdown (higher grocery cost, etc.)
Not saying that's what people will use the money for, but it ups the odds at least.
If you're a tech worker and you have savings to weather a crisis: consider your plans for all the people who rely on you, who are waiting for something and not sure when and if its coming.
They are doing something positive in their locus of control. And of course people are upset about it because... reasons.
</sarcasm>
Bill Gates became (one of) the world's richest individuals via a monopoly and predatory capitalism, and destroyed many companies and individuals on their path to riches. Facebook's wealth derives from selling users' personal information that they should have never been allowed to obtain in the first place.
I realize someone like Gates or a company like Facebook is going to be damned if they do and damned if they don't, but it doesn't change the fact that our system is not even close to as fair as we're constantly told it is.
How do you define a charity?
Scenario: 1 month ago, you're an FB employee, and working, and you pay a nanny.
Today: you're an FB employee, and working, and you pay a nanny.
How is FB giving the FB employee changing anything at all? There's something I'm missing in this.
I suspect even if they're working from home, having a nanny/cleaner/etc at home isn't "no value" just "less value".
But I still don't know why - if this is the case - why people who are still employed/working full time, getting their regular paycheck, just working from home, would feel the need to stop whatever domestic services they had in place.
Because there's a pandemic going on and they don't want outside people in their house? Also, some of these services are now illegal in many cities including SF (Child/adult/senior care is still allowed. I'm assuming cleaners aren't.)
Do you have a notion of who owes whom how much? Then please share.
I’m not making a policy argument, nor am I a proponent of trickle down economics.
This is about a specific, local situation in the midst of a crisis.
Also remember that that 300k really translates to $130-$180 (guestimate numbers) base and the rest if stock which has also been falling
I'm a current shareholder, and will be a larger one if the price keeps going down :)
Facebook is not short of money. I'm glad they're doing something extra for their employees in these times.