Facebook Inc. said it will let all employees work remotely even after the pandemic, if their jobs can be done out of an office but lower their pay if they move to a less-expensive area.
From 15 June to 15, any Facebook employee can ask to work from home, said the Menlo Park, California-based company, Wednesday in a statement. If these employees move to a lower-cost region, their salaries will be adjusted accordingly and they will be encouraged at times to work in the office to enhance team building.
Facebook said it would be more flexible for employees expected to return to the office. At least half of the time, the company says. "Guidance" will be in office, the company said. Facebook also plans to open most of its U.S. offices by early September to at least 50% capacity and reopen completely in October. Until the end of 2021, employees can work as many as 20 business days from another location away from their own home area, the company said.
According to regulatory filings, the social network had more than 60,000 workers as of March 31. Since Offices closed at the start of the Pandemic last year, employees have been able to work remotely.
Facebook also expands the number of workers who are allowed to move to other countries. Later this month, any employee will be able to move from the USA to Canada or from Europe, Middle East or Africa to anywhere in the U.K. according to the company. Previously, only technical or recruiting employees were allowed to take advantage of this option by selecting this role. By January 2022, Facebook employees will be allowed to move between seven more countries in Europe, the Middle East or Africa permanently.
Other companies are grappling with how to retain employees who have enjoyed remote work during the Covid 19 Pandemic. VMware Inc. is letting its employees become permanent remote workers, but they will also receive a cut in their pay if they move from Silicon Valley. Square Inc. and Twitter Inc. Both owned by Chief Executive Jack Dorsey, have also announced that their employees can work from home permanently.
Mark Zuckerberg said last year that he thinks Remote Workers could make up as much as 50% of the company's workforce in the next five to 10 years.
Zuckerberg told Bloomberg News that we and a lot of other people were very worried that productivity was going to really drop off a cliff. It has just not hit its peak. We are also at least as productive as we were before, and some people say that they are even more productive.
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