Facebook raises minimum hourly wage to $20 for contractors in costliest markets like San Francisco and New York

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Facebook said it will raise the minimum wage it pays to contractors in the Bay Area, New York, Washington, D.C. and Seattle.

Facebook will also provide more support for its content moderators, including access to on-site counseling at all times.said it's raising the minimum wage it pays to thousands of contract workers around the U.S., acknowledging that the current $15 hourly minimum, which has been in place since 2015, is insufficient given the rising costs of housing in many markets.

"It's become clear that $15 per hour doesn't meet the cost of living in some of the places where we operate," Facebook said in aThe company said it will now pay $20 per hour for contractors in the San Francisco area, New York and Washington, D.C., and $18 an hour in Seattle. The announcement could serve to position Facebook favorably in relation to

 

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That’s about $525 per week, after they pay taxes and health insurance. Dismal, especially in Silicon Valley area.....probably poverty level 😩

$20 / hr while sherylsandberg makes $1.6 Billion. what a insult religion aside.

Facebook should be broken up.

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