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  • Writer's pictureMEYO

Leading IT companies considering new pay policies for remote workers

VMware Inc. employees who take up the company’s offer to become permanent remote workers will get a pay cut if they move from Silicon Valley. The software maker has joined technology companies such as Facebook Inc. and Twitter Inc. in letting some of its office staff choose to permanently work from home in the wake of the coronavirus pandemic. But employees who worked at VMware’s Palo Alto, California, headquarters and go to Denver, for example, must accept an 18% salary reduction, people familiar with the matter said.

Cloud-software maker ServiceNow Inc. is considering changing the pay of Bay Area workers who move away, starting in 2021, according to Chief Executive Officer Bill McDermott.

Facebook told employees in May that the company would soon transition more permanently to remote work, even after Covid-19 subsides.

Ref: Limemint

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