Facebook is giving $1,000 to every employee to help them amid the coronavirus pandemic – The Verge

Facebook is giving $1,000 to every employee to help them amid the coronavirus pandemic – The Verge

Mark Zuckerberg
Facebook is planning to give a $1, 000 bonus to every employee to help them amid the ongoing novel coronavirus pandemic, according to The Information. The move was reportedly announced by CEO Mark Zuckerberg in an internal company memo on Tuesday.
Facebook tells The Verge the bonuses will be distributed throughout April.Each of the company’s nearly 45, 000 employees will also get an “exceeds” rating for their first six-month review of 2020, which could lead to big bonuses that could be used to further help employees during the pandemic, as the median compensation for a Facebook employee is $228, 651, reports The Information.I’m told Facebook has never done this — giving all employees at least their full normal bonuses — in its 16-year history— Alex Heath (@alexeheath) March 17, 2020Some full-time Facebook employees have also apparently taken over some of the work done by contractors so those contractors can stay home. Facebook is also still paying those contractors while they remain home, says The Information.The company has already committed to paying its hourly workers even if they can’t work and have to be at home due to the novel coronavirus. In an effort to create social distancing, which can help ....


Leave a Reply

* Copy This Password *

* Type Or Paste Password Here *