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This is a practice that will be regulated soon for profitable companies. Sure, a company undergoing severe layoffs/bankruptcy will be forgiven for this practice

by lumost 4y ago

This is a practice that will be regulated soon for profitable companies. Sure, a company undergoing severe layoffs/bankruptcy will be forgiven for this practice. One of the most profitable companies in the world will not be. I suspect we'll soon see breakup clauses in job offers for senior hires, or direct regulation requiring the company to pay at least X weeks compensation if they break the offer. This will probably have the side effect of terminating contract to hire practices at companies.

dominotw 4y ago
> I suspect we'll soon see breakup clauses in job offers for senior hires, or direct regulation requiring the company to pay at least X weeks compensation if they break the offer. I don't suspect this at all. What about candidates simply ghosting on join date. That would be regulated too?
- 9dev 4y ago
  Obviously not, because candidates are generally in a worse position than the company they are interviewing to. There's nothing to balance here, regulation must hit corporations and protect employees.
  - dominotw 4y ago
    what worse position. Pretty sure the engineers quoted in the article will do just fine. Why does govt need to 'hit corporations' for privileged FB employees making 500k/yr+
    - lumost 4y ago
      If FaceBook does it, then the shady startup offering "30k + fake options" to new employees can do it too. FaceBook is setting an awful precedent.
      - deleted 4y ago
        [deleted]
    - 9dev 4y ago
      That's because Facebook doesn't just employ privileged engineers making big money, but an army of staff that won't do just fine if their employer fucks them over. Neither you, nor me, and certainly no public service officer can draw the line. That's why the government should force businesses to treat all employees with a modicum of respect, and prevent corporations from doing stuff like Facebook did here.
    - im3w1l 4y ago
      They would have been privileged FB employees. But with the offer cancelled maybe they are not so privileged anymore? They could be new grads that never were on the gravy train.
Roark66 4y ago
I'm surprised there was no contract signed before relocation. I'm not sure I would relocate internationally without a signed contract. In fact I never remember quitting a job without a signed contract for a new one,but perhaps I was lucky having to deal with pretty good companies.
- lumost 4y ago
  The problem here is that the "contract" aka. offer has no penalties for termination. Generally people agree to these terms because they are favorable in other ways such as extra compensation, or simply because they don't perceive the terms as negotiable (probably true). If companies get a reputation for screwing people, then this will change. I once worked at a firm that would obsess over the fine-print of a contract to make sure that we weren't in breach as they messed with their partner. Needless to say, I didn't work at this firm long - and the firm didn't last long. Contracts are only as good as the trust you have in the other party.

by lumost 4y ago

dominotw 4y ago

> I suspect we'll soon see breakup clauses in job offers for senior hires, or direct regulation requiring the company to pay at least X weeks compensation if they break the offer. I don't suspect this at all. What about candidates simply ghosting on join date. That would be regulated too?

9dev 4y ago
Obviously not, because candidates are generally in a worse position than the company they are interviewing to. There's nothing to balance here, regulation must hit corporations and protect employees.
- dominotw 4y ago
  what worse position. Pretty sure the engineers quoted in the article will do just fine. Why does govt need to 'hit corporations' for privileged FB employees making 500k/yr+
  - lumost 4y ago
    If FaceBook does it, then the shady startup offering "30k + fake options" to new employees can do it too. FaceBook is setting an awful precedent.
    - deleted 4y ago
      [deleted]
  - 9dev 4y ago
    That's because Facebook doesn't just employ privileged engineers making big money, but an army of staff that won't do just fine if their employer fucks them over. Neither you, nor me, and certainly no public service officer can draw the line. That's why the government should force businesses to treat all employees with a modicum of respect, and prevent corporations from doing stuff like Facebook did here.
  - im3w1l 4y ago
    They would have been privileged FB employees. But with the offer cancelled maybe they are not so privileged anymore? They could be new grads that never were on the gravy train.

Roark66 4y ago

I'm surprised there was no contract signed before relocation. I'm not sure I would relocate internationally without a signed contract. In fact I never remember quitting a job without a signed contract for a new one,but perhaps I was lucky having to deal with pretty good companies.

lumost 4y ago
The problem here is that the "contract" aka. offer has no penalties for termination. Generally people agree to these terms because they are favorable in other ways such as extra compensation, or simply because they don't perceive the terms as negotiable (probably true). If companies get a reputation for screwing people, then this will change. I once worked at a firm that would obsess over the fine-print of a contract to make sure that we weren't in breach as they messed with their partner. Needless to say, I didn't work at this firm long - and the firm didn't last long. Contracts are only as good as the trust you have in the other party.