Like most tech companies, Facebook sent a lot of their employees to work from home when the Coronavirus struck. Now Mark Zuckerberg says they can stay–but there’s one catch: If they move out of a high cost of living area, they’ll likely see a pay cut.
Zuckerberg says that by January 1, 2021, people who are approved for full-time remote work will have to notify Facebook of their new location, and their pay will be adjusted accordingly.
This is not a shocking business move. Many businesses pay people differently based on their local cost of living. Most of us can agree that