Zuck:
- I expect 50% of our workforce will be remote over next 5-10 years
- COVID will be with us for a while
- Goal is to do our work better, not just maximize flexibility
- Gives us access to NEW POOLS OF TALENT and recruit more broadly (this is huge) that previously...
- I expect 50% of our workforce will be remote over next 5-10 years
- COVID will be with us for a while
- Goal is to do our work better, not just maximize flexibility
- Gives us access to NEW POOLS OF TALENT and recruit more broadly (this is huge) that previously...
...wouldn't have considered moving to a big city
- One of the top reasons people leave us is they're moving to a city where we don't have an office
- Improved retention is very important
- I want us to live in a country where people have opportunity no matter where they live
- One of the top reasons people leave us is they're moving to a city where we don't have an office
- Improved retention is very important
- I want us to live in a country where people have opportunity no matter where they live
- Positive environmental impact: less commute and less travel
- Easier to move bits around than atoms (VR/AR/video chat rather than sitting in traffic)
- Helps us eat our own dogfood in Portal, Workplace, Messenger Rooms, and over time AR & VR
- Workplace is now at 5m paid...
- Easier to move bits around than atoms (VR/AR/video chat rather than sitting in traffic)
- Helps us eat our own dogfood in Portal, Workplace, Messenger Rooms, and over time AR & VR
- Workplace is now at 5m paid...
..users, up 2m since COVID began
- Work Groups, launched 6 months ago, now has 20m monthly actives
- Adding Workplace features to Portal
- More widely releasing Oculus for business - VR-powered training and collaboration
- Remote work: people have reported higher productivity
- Work Groups, launched 6 months ago, now has 20m monthly actives
- Adding Workplace features to Portal
- More widely releasing Oculus for business - VR-powered training and collaboration
- Remote work: people have reported higher productivity
- But harder to have free-flowing conversations, whiteboarding, bonding with colleagues
- Unclear how much we're drafting off existing bonds that'll fray over time
- Less commute is a big advantage - giving a bit more to work and a bit more to personal life
- Unclear how much we're drafting off existing bonds that'll fray over time
- Less commute is a big advantage - giving a bit more to work and a bit more to personal life
- Remotely, things feel more egalitarian, everyone is just a video tile, you're not missing any of the side chatter
- Harder to onboard
- 20%-40% of employees interested in full-time remote work
- 50% want to get back to the office ASAP
- 60% want a flexible mix of the two
- Harder to onboard
- 20%-40% of employees interested in full-time remote work
- 50% want to get back to the office ASAP
- 60% want a flexible mix of the two
- We don't know what offices will look like when we do get back
- More experienced people want to work remotely than more junior folks (almost 2x)
- No delta in preference by gender
- Of those who want to work remotely, 45% want to move somewhere else
- More experienced people want to work remotely than more junior folks (almost 2x)
- No delta in preference by gender
- Of those who want to work remotely, 45% want to move somewhere else
- Of those who want to stay in the US, 38% want to move to another big city, the others to a smaller area
- Only 10% of managers would not support remote teams
- Big opportunity to build new tools for collaboration, new companies will be built around this
- Only 10% of managers would not support remote teams
- Big opportunity to build new tools for collaboration, new companies will be built around this
- We'll do a bunch of hackathons over this
- Instead of having offsites, we'll have onsites, everyone getting together to build bonds
- At FB there's an IC (individual contributor) track and this is how we should think about remote work too; there should be good career tracks
- Instead of having offsites, we'll have onsites, everyone getting together to build bonds
- At FB there's an IC (individual contributor) track and this is how we should think about remote work too; there should be good career tracks
- Cost savings: unknown what the economics will be, it's not why we're doing this
- Other companies: cost of supporting remote workers have offset savings in real estate
- But there are potential savings in less real estate over the long-term
- Other companies: cost of supporting remote workers have offset savings in real estate
- But there are potential savings in less real estate over the long-term
- Also different cost of living and labor in different places
- It's possible if productivity is less, we may need more people
- Bigger point is: we just don't know. Open question.
- It's possible if productivity is less, we may need more people
- Bigger point is: we just don't know. Open question.
- Starting remote hiring for L5+ engineers. Lots of demand for these.
- For new graduates we won't be hiring remote just yet; in-person training critical right now
- Recruiting: starting with people who live 1-4 hr drives from our existing hubs
- For new graduates we won't be hiring remote just yet; in-person training critical right now
- Recruiting: starting with people who live 1-4 hr drives from our existing hubs
- New hubs: we want to focus recruiting energy in cities where we can get to hundreds of engineers so they can build a community and we can get a return on scale
- Three new hubs we'll build: Atlanta, Dallas and Denver
- Three new hubs we'll build: Atlanta, Dallas and Denver
- If you know a great senior engineer anywhere, pls refer them
- Comp: varies by location. We pay market rates. If cost of living is dramatically lower, salaries will be somewhat lower but probably better quality of life than in big cities.
- Comp: varies by location. We pay market rates. If cost of living is dramatically lower, salaries will be somewhat lower but probably better quality of life than in big cities.
- Principle: serving our community best and maximizing innovation
- If you want to remote work permanently you have to be experienced, have very strong recent performance, be part of a team that supports it, and have approval from your team leader
- If you want to remote work permanently you have to be experienced, have very strong recent performance, be part of a team that supports it, and have approval from your team leader
- We have thousands of interns joining us this summer
- If you have to be in the office for work (like hardware developers) you won't be elligible for remote work
- Same for content reviewers
- Data center technicians of course
- If you have to be in the office for work (like hardware developers) you won't be elligible for remote work
- Same for content reviewers
- Data center technicians of course
- Sales, policy and partnerships probably not elligible; same with recruiting, HR business partners, lawyers
- Your salary will be adjusted if you change location; salaries will adjust on Jan 1st
Video:
facebook.com/zuck/videos/10…
- Your salary will be adjusted if you change location; salaries will adjust on Jan 1st
Video:
facebook.com/zuck/videos/10…
