VMware, the cloud computing biz headquartered in Palo Alto, California, will reportedly minimize 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 compelled tech firms to shutter their workplaces because the Bay Space counties implement strict shelter-in-place measures to forestall 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 dad or mum’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 folks to pack their luggage and scram. Thick smoke blankets the sky, choking out daylight. Residents had 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 engaging, nevertheless it comes at a value. VMware has apparently slashed its salaries for workers beforehand employed at its Palo Alto workplace, who’ve fled for cheaper cities exterior the Bay Space.
Shifting to Denver, Colorado will lead to 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 based mostly on location too. CEO Mark Zuckerberg beforehand addressed questions on distant working in a stay video posted on the platform in Could. The social media large introduced it was ramping up hiring distant engineers, and didn’t count on workers again of their workplaces till subsequent yr.
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It’s seemingly that different firms can even observe go well with too if distant working stays in place; there’s not a lot level paying employees the identical salaries to stay in a few of the costliest US cities in the event that they don’t stay there anymore. The exodus of techies has already precipitated rents in San Francisco to plummet, making it extra inexpensive to stay right here, however in the mean time who’d wish to?
VMware didn’t remark at time of publication. ®