Companies > Moving

Reddit won't lower employee pay if they move out of high-cost cities like San Francisco

1 month ago   |   By CNBC

The social media company will also allow employees to work remotely.
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Reddit will pay U.S. employees the same wherever they work

1 month ago   |   By Fortune

Reddit will give employees, with some exceptions, the flexibility to work outside of offices going forward, the company said Tuesday in a blog post .
U.S. employees will now be paid the same, based on high-cost locations like NY or San Francisco, whether they work from those places or not.
“Moving forward, teams and team members will have flexibility to explore where they work: in the office, remotely, or a combination of the two,”
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Reddit employees will keep their coveted San Francisco salaries if they move to more affordable cities, bucking the trend of pay cuts for workers leaving Silicon Valley

Reddit employees will keep their coveted San Francisco salaries if they move to more affordable cities, bucking the trend of pay cuts for workers leaving Silicon Valley

1 month ago   |   By Business Insider

Summary List Placement
Reddit will keep paying its employees their San Francisco salaries if they decide to leave the region for more affordable locales, the company said in a Tuesday blog post.
"To support employees to live where they want to and do their best work, we are eliminating geographic compensation zones in the US," the company wrote. "It means that our US compensation will be tied to pay ranges of high-cost areas such as SF and NY, regardless of where employees live." Reddit also said it will still work to reimagine office space for those who want to both work remotely and come...
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The exec in charge of HBO Max breaks down the Hollywood-shaking decision to...

The exec in charge of HBO Max breaks down the Hollywood-shaking decision to release all 2021 Warner Bros. movies to streaming and theaters simultaneously: 'Predictability is at a premium'

Summary List Placement Warner Bros. announced on Thursday that its entire 2021 slate of movies will debut on HBO Max the same day they hit theaters in the US, an unprecedented... Read more ...

Southwest Airlines is preparing to furlough nearly 7,000 workers for the...

Southwest Airlines is preparing to furlough nearly 7,000 workers for the first time in its history

Summary List Placement Nearly 7,000 Southwest Airlines employees are facing furlough in the new year after negotiations to temporarily implement pay cuts broke down. The... Read more ...

Supply chain delays marred Pfizer's initial vaccine rollout plans, but the...

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Summary List Placement Supply chain problems reportedly caused Pfizer to cut projections for its COVID-19 vaccine rollout. Sources close to the Pfizer vaccine development told... Read more ...

Daily Crunch: Google fires co-lead of its Ethical AI team

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Google fires a leading researcher, Stripe launches a new banking service and WarnerMedia shakes up the theatrical business model. This is your Daily Crunch for December 3... Read more ...

Small Business, Big Revenue: 4 Tips to Reach SMBs in 2021

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In a perfect world, all of your customers would be huge, mega accounts. We can dream, right? But the truth is, while enterprise-level accounts can bring in big revenues, these... Read more ...

Comcast picks 80 Atlanta Black-owned small businesses for RISE program

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Comcast picked the first metro 80 Atlanta Black-owned small business to receive assistance from its RISE program. Read more ...

7 helpful things to read if you can't make up your mind about high-yield savings

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Summary List Placement As people get smarter about their savings, more banks are offering a high-yield savings option. High-yield accounts generally pay rates about 10 times... Read more ...

Why Salesforce's $27.7 billion acquisition of Slack won't solve all the chat...

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Summary List Placement Before Slack fetched a whopping $27.7 billion price tag from Salesforce, the workplace messaging app was struggling to keep pace with competitors Zoom... Read more ...

Mary Lee Blaylock of BHHS California Properties Named to San Diego's 500...

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For the fourth year in a row, Mary Lee Blaylock, president and CEO of Berkshire Hathaway HomeServices California Properties, has been recognized as an industry leader in the... Read more ...

Ryanair just placed a massive order for more Boeing 737 Max jets intended to...

Ryanair just placed a massive order for more Boeing 737 Max jets intended to cram as many passengers into a plane as possible

Summary List Placement Ireland's Ryanair is the latest carrier to seek out more Boeing 737 Max jets now that the Federal Aviation Administration has ended the 20-month... Read more ...