From Facebook to Reddit, how Silicon Valley salary adjustments could redefine remote worker earnings

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From Facebook to Reddit, how Silicon Valley salary adjustments could redefine remote worker earnings. (via CNBCMakeIt)

That has sparked debate about whether these moves will set a precedent for how salaries are determined going forward, and what that could mean for employees working in different industries and locations."Covid-19 is a gamechanger for the workplace," said David Lewis, CEO of HR consultancy OperationsInc, a human resource consulting firm. "The ability to work from home is going to be ... a huge competitive issue, and compensation is part of that.

In Asia, this may apply to China's or India's tiers in cities — as it will only impact larger countries with differentiated pay levels.Those changes may, in turn, prompt international firms to follow the U.S. in adopting localized pay rates across cities and regions. Such strategies will be most applicable for larger countries with similarly divergent living costs, according to HR consulting firm Mercer.

"As companies navigate through this crisis and the uncertainties ahead, it is critical to ensure that employees understand how their pay is determined and perceive that their pay is fair relative to their contribution," she said.

 

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MakeIt Anyone who thinks that a Biden administration won't bring choking regulations is kidding themselves. This will absolutely adversely affect the markets.

MakeIt Facebook and Twitter will be gone soon . They both went too far in supression tactics . The other platforms like YouTube will be ok since they allowed content that was viewable. If you know what you want .. social media will be broken into smaller pieces

MakeIt Naked exploitation

MakeIt You’d get more views/likes if you went with “from Facebook to Reddit, how Silicon valley helps Joe Biden steal a US presidential election” instead 😂🤣

MakeIt realDonaldTrump A new executive action everyday. The DACA ruling gives some executive actions the rule of law. Make sure Harris/Biden cannot tear down our institutional history.

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