The Briefing Room

General Category => Economy/Business => Topic started by: mystery-ak on March 17, 2020, 07:43:58 pm

Title: Facebook to give employees $1000 to deal with coronavirus impact
Post by: mystery-ak on March 17, 2020, 07:43:58 pm
Facebook to give employees $1000 to deal with coronavirus impact
By Marina Pitofsky - 03/17/20 03:15 PM EDT

Facebook will pay its employees a $1,000 bonus amid the coronavirus pandemic that has infected over 190,000 people around the world, the social media giant confirmed to The Hill.

Facebook CEO Mark Zuckerberg announced Tuesday via internal notice that the company wants to support employees amid the pandemic. The company employs nearly 45,000 full-time employees as of the end of 2019, The Information first reported.

Zuckerberg also told employees that the company is looking into giving workers additional time off to help take care of their families, according to The Information. In addition, employees will receive an “exceeds” rating for their first six-month review of 2020, which could mean that all full-time employees earn further bonuses for that period.


The median annual salary and payment to Facebook employees was $228,651 in 2019, according to The Information.

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https://thehill.com/policy/technology/technology/488054-facebook-to-give-employees-1000-to-deal-with-coronavirus-impact
Title: Re: Facebook to give employees $1000 to deal with coronavirus impact
Post by: GtHawk on March 17, 2020, 08:07:11 pm
It's Facebook, Zuckerberg is worth what, 28.4 billion? Why doesn't he just give them a months salary to bide them thru?