VMware, the cloud computing biz headquartered in Palo Alto, California, will reportedly lower salaries for workers opting to completely work-from-home in the event that they resolve to maneuver out of Silicon Valley.
The coronavirus pandemic has pressured tech firms to shutter their workplaces because the Bay Space counties implement strict shelter-in-place measures to stop the unfold of COVID-19. For these fortunate sufficient to work remotely, many have taken the chance to hunker down elsewhere, whether or not it is again to their guardian’s homes or at a luxurious spot within the wilderness.
Now that Northern California is experiencing its worst wildfire season in historical past but, there’s much more motive for individuals to pack their baggage and scram. Thick smoke blankets the sky, choking out daylight. Residents have been shocked when the sky was a horrifying Halloween-orange color earlier this week. Ash continues to fall, and the air high quality is at historic lows.
Getting away from the hellscape of Silicon Valley sounds enticing, however it comes at a value. VMware has apparently slashed its salaries for workers beforehand employed at its Palo Alto workplace, who’ve fled for inexpensive cities exterior the Bay Space.
Transferring to Denver, Colorado will end in an 18 per cent wage discount, whereas leaving for Los Angeles or San Diego, in Southern California, means taking house a paycheck that’s apparently eight per cent lighter, sources within the agency say.
Fb additionally mentioned it was contemplating readjusting salaries primarily based on location too. CEO Mark Zuckerberg beforehand addressed questions on distant working in a reside video posted on the platform in Could. The social media large introduced it was ramping up hiring distant engineers, and didn’t anticipate workers again of their workplaces till subsequent 12 months.
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It’s possible that different firms can even observe go well with too if distant working stays in place; there’s not a lot level paying workers the identical salaries to reside in a number of the costliest US cities in the event that they don’t reside there anymore. The exodus of techies has already precipitated rents in San Francisco to plummet, making it extra inexpensive to reside right here, however in the meanwhile who’d wish to?
VMware didn’t remark at time of publication. ®