Facebook gives $1000 Dollars To Each Of Its 45,000 Employees

Image result for facebook companyFacebook has shown its generous side as it has decided to gift each of its 45,000 employees a bonus of $1000 to support themselves and their families during this Corona Virus time.

The idea that sparked off Facebook’s generosity, is as a result of the employees that would have to work remotely from home and for any extra expenses that might arise, such as setting up a home office and for any unforeseen needs as well as child daycare.

Facebook has just about 45,000 employees, and the $1000 bonus would only be made available to full time employees and not contractors. The company said earlier this month that it would continue to pay hourly workers, such as janitors, cafeteria etc.

Facebook’s median annual salary in 2018 was $228,651, according to a filing with the Securities and Exchange Commission.

Major technology companies have asked their employees to work from home, Twitter did that last week, as well as google. Amazon also, but Amazon didn’t make it mandatory for their employees to work remotely, but advised it for their own safety.

Asides from the $1000 bonus, Facebook COO Sheryl Sanberg said that the company would spend an additional $100 million to help small businesses across 30 countries that have been affected with the Corona Virus. Businesses can apply to receive some portion of that money through cash grants or ad credits, the company said.

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