3 ms·
The article says it's cutting some perks but increasing their wellness stipend, so at first I thought it seemed like a bit of penny-wise and pound foolish penny
by logicalmonster 5y ago
The article says it's cutting some perks but increasing their wellness stipend, so at first I thought it seemed like a bit of penny-wise and pound foolish penny-pinching, but after I saw that it seems more like it's just Meta giving their employees more control over their benefits and perks.
Personally speaking, I'd say that Meta should tread carefully with how it treats its employees. You can't expect people to sell their soul for 30 pieces of silver and then not give them that.
- ForHackernews 5y agoMaybe they can hire their own domestics with the wellness stipend, e.g. https://news.ycombinator.com/item?id=20847226 https://news.ycombinator.com/item?id=20847226
- gwern 5y agoProblem is, people are bad at numbers. That's why perks work. And once they have become established, you get loss aversion and cognitive biases. FB may be getting the worst of both worlds here: spending more money and pissing off their employees they are already struggling to retain. ("The elves leave Middle Earth.")