The company has revived a number of employee perks, according to Bloomberg, including branded t-shirts, laundry services, and free haircuts.
Meta is bolstering perks like happy hours and company swag as it pushes staff to return to office, despite its 'year of efficiency'::The company has revived a number of employee perks, according to Bloomberg, including branded t-shirts, laundry services, and free haircuts.
They have increased the pay, that's how they attract talent. I know some people from school who went on to work FAANG jobs and they make 3x the median for our industry where we're all from. Sure we all deserve more money, but it's not like it isn't a desirable place to work for most people in the industry.
They can’t. Workers at Meta were paid well and then they got to work from home. There isn’t any amount of money that will make those workers want to give up their new work life balance. Perks is the only option.
Google had it right back in the day. Free shuttle rides to work. Onsite massages, dry cleaning, free cafeterias, etc.
if you make it so people don’t have to do those things when they get home, they will work longer. It still doesn’t compare to wfh but it was close.
Then Meta won't be a billion $ company. There's a reason workers are paid less, let's say a janitor gets paid $8/hour and the CEO gets paid $10000/hour.
If you start paying a janitor $10000/hour , tomorrow the janitor may ask the CEO to clean toilets as they both are getting paid equally or won't show up to work as the janitor has too much money to keep cleaning toilets.
That's why we have hierarchy and front line workers needs to be at the bottom of this. Welcome to Capitalism !
Interesting how there is no middle ground between $8 an hour and $10000 an hour. What do you think of $20 an hour? That is still 500 times less than a ceo pay so the ceo doesn't need to clean toilets any time soon.
Kinda reminds me of a guy I used to hang out with. He had found out that the US shreds old currency, and was utterly appalled. "They could just give that to people!"
"OK, Mike, the government could easily give every American $1,000,000, tomorrow. You want that?"
"Hell ya!"
"OK, you know I mow lawns for a living, $30 a pop? (early 90s!)"
"Yeah."
"Now pretend you have a lawn you want mowed. Fuck I want $30 for? I have a million! I'm going to need $10,000 to even think about it."
The whole idea baffled him, never got it.
But yeah, where we're at now is fucked up. I get that CEO pay is determined by the market. I get that dropping CEO pay won't make a dent in line worker pay. But still, the wealth disparity is heinous.
And the worse it gets, the more influence the rich can buy and the less the rest of us have.
Upper mgmt "We need our employees back in the office."
Lowrt mgmt "Did you see the numbers? Since our employees started working from home, we've been smashing targets."
Upper mgmt "Yeah that's why we need them back. Just imagine how much better the numbers could have been if we were making sure they weren't slacking off."
I wonder if it's also that now their investors are going to expect growth on top of whatever accelerated growth they have experienced in this WFH era. meta wants a nice, predictable cruise uphill, not a sprint that they'll now need to continue, progress be damned.
Side note: that's a theory I've had regarding technological advancements in devices like phones. Apple, Samsung etc. want small incremental advancements they can drip-feed to consumers for stable growth, so they probably try to keep the big leaps infrequent. Yeah I know Moore's Law can't go on forever, and it might be getting to that point soon... alright I'll take off the tinfoil hat.
Leave the tinfoil hat on. There is a precedent for exactly what you are describing. When radios went from valve to transistor, radio manufacturers kept the number of transistors low and only slowly increased radio quality over the years. They were able to make higher quality radios from day 1 but didn't so they could sell more radios.
Every time redditors defend work from home: "we'd be sooo productive"
Every time redditors talk about work from home in the context of job search: "it's soo relaxed, no ones constantly looking over your shoulder to check whether you are working. You can easily take gaming breaks"
I work in tech and my workplace is also getting deeply aware that layoffs and cost cutting policies have a lasting negative impact on the happiness levels. What a fucking aha moment...
Besides, It seems like, as the economy starts to hit bottom, companies are getting aware that the fight for talent will start again soon.
One thing about tech workers is historically they will crunch themselves hard to minimize downtime and meet deadlines because they care about their code and infrastructure. That totally breaks down when they see a bunch of their friends get shitcanned or sees their company making greedy decisions at the expense of their employees.
Got laid off a while back for about 3 months, along with a handful of others (some of which were there 5-7 years!). When I talked to an old friend that still works there, he said the morale is basically non-existent. The company is also ranked in the bottom 5% now on Comparably 😬
As someone at a FAANG company, there is one "perk" that these companies offer that few others can match, and that's freedom of movement. There are few companies where you can join in NYC, work a year, then move fully to London, Berlin, Sydney, Singapore, etc - all sponsored and paid for by the employer. Not only that, but where the employer will pay to find permanent residency and citizenship.
IMO, these are the true perks of the tech industry, and a reason why so many young people are ditching FAANG companies lately, as they start to cut back on allowing people to move teams internationally.
My org at Amazon was polled on retention, and over 50% of the team wanted to move teams after the layoffs. Amazon no longer sponsor international visas, and lots of people wanting to move to North America or Europe are jumping to other companies that will allow them to do so.
Funny enough, for the cost of some of the stupid events that my work have put on for RTO, they could have funded several visas and moves for candidates that wanted to try a new team. Hell, some literally cannot go to their current office, and would love to move somewhere where they could - but no, gotta keep those retention figures low to help the bottom line...
Maybe I'm the odd one out, but I've never felt like moving to a different country to work. I can barely imagine moving from the east coast to the west coast. Perhaps I'm missing something, but never once have I visited a place and said, "I would love to spend 8 hours of my life every day in an office here."
But I am at the ripe old age of 30, so maybe I'm past that demographic
I can definitely appreciate that. I'm 36, and am considering a move now, but that's mostly because I've often worked for small companies and moving hasn't really been an option.
There is definitely value in doing this when you're young, especially moving to a big city out of college/university. I've found a surprising number of people in their thirties doing the same in big tech, mostly because there is more job security with experience, and having money + your health is a great thing if you want to try something new.
I think it's an age thing yeah, but also it just comes down to circumstances. Id imagine that the people who are just packing up and moving to different countries every year for work don't have a large family/friends support network around them
For me, moving to a different country would be a nightmare in more ways than I can count, I've got pets I'd have to arrange transport for, a wife I'd have to get on board (can't even imagine if I had kids), all our family and friends are from the state we live in today.
But if you already had family/friends in that country, or if you were solo and your fakily/friends were already a distance away, then it wouldn't be so bad
I'm in the AAA gaming industry. EA laid me off earlier this year, and so I wound up looking for work elsewhere.
I've learned that really - the pay doesn't matter if you hate your life every day. If I wanted good pay, I would learn COBOL and write software at a bank. What matters the most is the quality of the team you're working with (primary), and what benefits your employer has (secondary).
If Meta were to call me up and say "Hey, we want you to be on a team with the greatest coworkers you've ever had," then I'd at least hear them out. What is their culture? Do they believe in crunch? How do they handle sick days? Vacations?
And yes, WFH is part of that, too. But if they were willing to pay to relocate me, buy me a house near a metro station... yeah, I'd take it.
But if they were to offer me that exact same deal - except there's no guarantees about production schedules/timelines, there's the "bus problem" (where the project couldn't survive someone important being hit by a bus), there's a lot of crunch (or just bad experiences from friends who've worked there... Blizzard offered me a sweetheart deal and I said no because of that history)... I'm less likely to want to bite.
And everyone has different preferences. I've known some people who love the office. I don't mind it myself, with the right group. But everyone has to make their own call.
Metro station... oh you sweet summer child. You know what public transit is available near the Meta campus? Maybe, and I mean maybe, a bus stop to get on the homeless express across the bay.
That’s a pretty privileged position to be in. Not everyone can say no to a job because the quality of the team isn’t to par because they are more interested in keeping food on the table than being happy at work.
Seriously, Meta is for me in a very short list of companies where I would not work under any circustances, so the pay could be as good as you want but is a no.
Maybe but they'd probably just sunset the project anyway and in ten years it will look more like a stain on my resume than a badge. Plus traffic on Willow Road is a no for me dawg.
Happy hours never went away. Swag also never went away. I don't know if the writer here actually knows anyone or just overheard someone talking about that stuff and assumed it was new.
Covid did reduce the amount of stuff being bought. Freezer went away so ice cream went away. Less alcohol in the game rooms (though no shortage during happy hours), custodial stopped working on weekends (not too many people here anyway, just don't leave food in your trash bin anymore). They cut a "health" allowance from 3k to 2k =(
Anyway, it's easily the best decision I've ever made. I make twice my city's median household income. The push for RTO blows (I'm convinced Lori/HR need to justify their existence). At first it was 3 days, now we just got told two specific days (happy hour days are going to rotate, RIP). There's even a whole HRIS system in place for compliance tracking and all kinds of other wasted money/man hours that went into this. Makes no sense. They keep reference "the data" and "studies" but aren't showing us what they're saying. Nevermind that the C suite all got Exceeds Expectations after having to fire dozens of thousands of people (we still believe executive performance = company performance).
Things are coming back since our stock is back to starting with a 3. The only thing that pissed me off was how many laid off people's positions were re-filled like 6 months later. It's like the layoffs were just to get dilute the blood in the water that investors were looking for and hearing about a bunch of layoffs make rich people happy. Other than that, my team is amazing, my manager is awesome, work schedule is extremely flexible (single with 2 kids, I don't know how I'd manage at any of my previous places I've worked). There's the usual "cost saving" bullshit (although, there are honestly a LOT of areas that have been streamlined without any real detrimental effect, so kudos to that) but honestly that's not Meta-specific. Meta just makes the news because it serves 1/3 of the planet.
Also, we make fun of Reality Labs for not being profitable and we don't give a shit about Threads because it was made in a few months by a few people. Twitter isn't really that hard to emulate.
For what they're known payscales say they'd pay a dev with my experience? No way in hell. It's only slightly more than I make now, and I'd have to go back to the office and work for an evil company (though I'm in Insuretech today, so that bit might just be a lateral move..). Plus I live in a low CoL area today, so a bit more money would actually mean a substantial QoL drop.
Now if we're talking stupid money, like $600k/year, then yeah I'd suck up going to the office and abandon my morals. Frankly anyone here who says they wouldn't do it for any salary is kidding themselves
In my country... yes. If I get over the 3month (max allowed) testing period, then they almost cant fire me, so i'll happy take those monies just for showing up.
Of course, they dont have offices here :)
Verily, one must maintain the utmost reverence when discussing our illustrious Emperor. Criticizing his haircut would be an affront to the grandeur and authority of our magnificent Meta Empire. Let us, instead, extol the virtues of Meta and the remarkable achievements of our Emperor.
Say what you want, but its also an iconic look. You recognize his face the moment you see it, with that sorta disinct (but still kinda shit looking) haircut.
But also I dunno, I can understand the vibe of wanting super short hair to keep it up and out of the way, some people just prefer their hair cut to stay the hell out of the way, without committing to being full shaved down.
I try not to judge on such a thing. If he likes that haircut, fuck it, the dude makes more money while sitting down for his haircut then 100 haircuts would cost him to pay for.
He can do whatever the fuck he wants with his hair.
I would rather judge him by his actions, like that shit he pulled with buying "private" beaches and whatnot.
Edit: Actually out of curiosity I looked this up for some updates, and it sounds like he and his wife have been putting in efforts to actually do right by the locals, and that a lot of the bad press was just trying to dunk on him and was largely just stuff going over poorly with locals, so he retracted offers and went back at it again but with the help of local professors to ensure he did it right and in a better way.
It sounds like over the past few years he and his wife have been pouring money, like a LOT of money, into preserving tonnes of wildlife and donating a bunch of money to save large areas that were going to be privately developed, and instead now have enough money to pretty much stay preserved and managed by the locals forever.
Meta is trying to tempt employees to return to the office by bringing back perks such as happy hours and branded t-shirts.
The company has revived a number of pre-pandemic employee perks, according to Bloomberg, a change that unnamed sources said has boosted morale amongst staff after a year of layoffs and acrimony over Meta's return-to-the-office policies.
The perks returning include branded t-shirts, happy hours, laundry services, and free haircuts.
The tech giant's drive to cut costs and boost profitability has seen it lay off about 25% of its staff since November 2022, although Meta has recently begun to rehire some of those who lost their jobs.
The revived perks, which also include a new coffee bar and earlier dinners, are part of Meta's renewed effort to lure staff back into the office.
Last month, Meta announced that employees would be required to work in the office at least three days a week, and warned that those who repeatedly refused to comply risked losing their jobs.
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