Covid-19: Facebook announce $1000 bonus to its employee
New Delhi, Mar 18 (HS): In order to overcome the burden of steep hike in prices of daily use things including groceries, medicines etc amid spread of Covid-19 worldwide, the social network Facebook has announced a bonus of $1000 (74 thousand rupees) to all its employees.
TheFacebook CEO Mark Zuckerberg said that the bonus would be given to all its 45 thousand employees in April 2020. The company will also give Exceeds ratings to all its 45 thousand employees during the six-month review.
According to the Information, all the employees get Exceeds rating, which means that Facebook’s employees can get bigger bonuses for fighting Corona in the coming time.
Since the outbreak of the coronavirus (COVID-19), the company has also started paying money to workers who are unable to work and who have to stay home due to this disease. The company has asked employees from Seattle and Bay Area to work from home.
According to reports, the 1000 dollar bonus is only for Facebook’s full-time employees, while Facebook contract employees would not be benefited from it.
Facebook has said in one of its blog posts that the company is releasing 100 million dollars (Rs 7.42 billion) in cash for small businesses. Apart from this, Facebook will also give credit to these companies.
