Facebook raises minimum wages for U.S. contract workers to $20 per hour

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Facebook raises minimum wages for U.S. contract workers to $20 per hour GlobeBusiness

“In the years since, it’s become clear that $15 per hour doesn’t meet the cost of living in some of the places where we operate. After reviewing a number of factors including third-party guidelines, we’re committing to a higher standard that better reflects local costs of living,” the social media giant said in a blog post.after facing harsh criticism over poor pay and working conditions.

U.S. corporations have been finding it tougher to attract workers, with U.S. unemployment at its lowest level in nearly 50 years, while there has been growing political pressure on companies to pay workers a fair living wage. Walmart, the world’s largest retailer and the largest U.S. private sector employer, pays workers $11 an hour at entry-level, while Target Corp said in April it would

Source: Tech Daily Report (techdailyreport.net)

 

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globebusiness While Zuckerberg makes $20 every nanosecond

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