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by kjakm 2280 days ago
If you read the article you will see they are also giving every essentially a full bonus irrespective of performance. Depending on individual agreements that could be a significant sum so it's definitely not a fraction of a percent of anybody's annual pay.
1 comments

Facebook has always given out bonuses, that's not news. The news is giving every employee $1000, and I'm saying that's a horrible decision on Facebook's part and they should be shamed for it. They should use that money to help those in need, or just not do anything at all.

Facebook has always been known for its unethical decisions, but this is just dumb - unless their goal is to get some incredibly superficial PR for what is a very small amount of money to them (tens of millions is a rounding error compared to their quarterly revenue).

You've failed to comprehend the article and now you've failed to comprehend my comment. Facebook isn't simply 'giving bonuses'. Bonuses are based on performance. It's rare at a company that you will get 100% of your performance bonus. In this case Facebook is giving everyone a high performance score (and therefore a high % of their bonus) regardless of how well they performed.

For perspective: someone on a $100k salary with a 10% bonus might normally expect $4-8k bonus. Not it'll be $9-10k. Depending on how high the salaries are and how large the bonus %'s are the difference could be quite a lot.