Facebook mandates that its vendors pay workers minimum of $15/hr and certain benefits at a minimum

[stevenleser]

http://www.nbcnews.com/business/economy/facebook-tells-vendors-pay-workers-least-15-hour-n358371

Facebook Tells Vendors to Pay Workers at Least $15/Hour

Workplace benefits at Silicon Valley's biggest names including Google and Apple are the stuff of legend. Now tech powerhouse Facebook is entering the minimum wage fight, implementing new standards on benefits for its contractors and vendors.

Vendors or contractors in the U.S. who do a "substantial amount of work" with the social media company will be required to pay their workers at least $15 an hour. Other requirements include offering at least 15 paid days off for vacation, sick pay and holidays.

Additionally, individuals who do not currently receive parental leave will be offered $4,000 in "new child" benefits, according to a blog posted on Facebook by COO Sheryl Sandberg.

While other tech companies have boosted benefits for some security guards and shuttle drivers, Facebook is among the first tech giants to publicly take a stance on the minimum wage. The federal minimum wage stands at $7.25 an hour.

[okaawhatever]

1. Well done Facebook. Boy, never thought I'd say that! nt

[stevenleser]

2. I haven't looked into Zuckerberg's politics before now, but I think I am going to do that soon...

... that is a pretty strong statement in favor of a living wage.

[eloydude]

3. Zuck's a Liberterian...

Just FYI

[stevenleser]

5. This latest action doesn't seem so.

Libertarians, particularly those in power, seem to want to be able to pay slave wages.

[Hoyt]

4. Would be nice if a lot more corporations did something like that.

[stevenleser]

7. That's what I'm thinking. He can call himself Libertarian/Republican/Tea Party or whatever else

if he is part of the fight for a living wage, he gets a lot of points from me.

[Hoyt]

9. Exactly. I can't imagine a TPartier doing it, but it's OK if they do.

I'd even go for some kind of tax credit in early years for a portion of the increase. But that's another matter.

[KamaAina]

6. Okay, Zuck, now do something about the housing crisis

His minions are swallowing up SF. Zuck himself is turning his place right on Dolores Park into a gated nightmare.

[Hoyt]

10. I'd congratulate him for what he's doing, before criticizing him on other issues.

Just confirms their belief that whatever they do, it will never be enough.

[NCTraveler]

8. Not frowning on facebook for doing this.

But it only works by way of government. I do not believe this will elevate minimum wage employees to $15/hr at these companies. There is also a large amount of info not present here. No matter what, it is hugely beneficial to making the conversation more palatable for some. That is enough positivity.