

Home is the new office. This became true for many during the coronavirus pandemic. While this is a temporary measure for most, working from home is becoming more and more common. Tech giants such as Facebook, Microsoft, Apple, and Twitter even see financial benefits for their balance sheets by letting employees work from home. And Facebook CEO Mark Zuckerberg has plans to adjust payroll based on employee location—a move that could add many millions to his company’s bottom line.
For any large company, location matters. An appealing location ensures that people will want to work there, but it comes at a price. The cost of living in the United States varies greatly from place to place. Currently, large tech companies are based in urban centers like San Francisco and New York City. These vibrant cities draw lots of people but are very expensive to live in. The high cost of living means employees demand higher salaries.
With most employees working from home during the coronavirus pandemic, companies got to see what it’s like to have large numbers of employees contributing from off site. The results were encouraging. Many employees are interested in full-time remote work, and working at home allowed them flexibility and family time with no long, hectic commute.
Zuckerberg says Facebook is going to be “the most forward-leaning company on remote work at [its] scale.” This sounds good for the employees. But the biggest incentive for tech companies is that it allows that staff to work from less expensive locales. For example: As of April 2020, the average monthly rent for an apartment in Atlanta was just $1,628, compared to $3,767 for San Francisco.
So Facebook plans to open “hubs” in cities like Atlanta, Dallas, and Denver to employ remote workers outside costly Silicon Valley.
That means employees will get more out of their paychecks if they move to less expensive towns, right? Not so fast. Facebook employees will be required to report any moves to their boss. Zuckerberg says their pay could be “adjusted” based on where they move. Over time, Facebook will seek out far-flung remote workers that they don’t have to pay as much, saving the company big bucks.
This change could certainly impact employees who want to enjoy big-city life. But that’s how the free market works. Companies seek the best employees for the lowest price. Remote work will likely change the job market and have a ripple effect on where people decide to live and work.
Whatever you do, work heartily, as for the Lord and not for men — Colossians 3:23
1st Comment!!!!!!! :) :) :) :)
WOW, that is soooooooooo expensive! I don't think I want to live in CA.
from us both
btw, what curriculum('s) r u all doing 4 school this year? our list is posted below: (it would b cool some of us were doing the same stuff! btw, we're homeschooled :)
Math: Teaching Textbooks
Language Arts: Learning Language Arts Through Literature
History: Sonlight Old World History
Science: Apologia Human Anatomy and Phisology
3rd comment
The people who live in CA do have to have a pretty good job! I guess that's why Hollywood is there!
this is Every(pronounced Avery)
4th comment
That is a CRAZY difference!!!!! Wow!!!! And I think where I live they are not even as much as Atlanta! Yeah, you can't hardly move to Cali unless you are super rich. At least that is what it seems like! Whew!
Renting an APARTMENT in
Renting an APARTMENT in Atlanta costs more than renting a three-bedroom HOUSE in Oklahoma!?!?
no can do
living in CA would be outrageous.
this is Mylee
alot of people from Ca. are moving down here (texas) . Because the houses and everything cost way less. Gas costs $ 1.75-$2.10 a gallon here and in ca. it is $4.00. Walmart bags are free here but costs 50 cents a bag in CA. People we know who live in CA. said that VBS was $50.00 a kid . (that church though maybe not all) VBS is a ministry and it is only 2-3 hrs. Not like you stay the night .
this is Mylee
p.s. vbs and Awana is free down here.
this is London
ca is expensive i would not buy a house for that much
Facebook?
Dad says Facebook can track your location!