Facebook is pushing for the improved wages and other benefits for the janitors, such as cooks and other subordinate staff who support its senior employees. Sheryl Sandberg, who is the Facebook’s chief operating officer, communicated the change in a blog post. The new requirement provides that the minimum wage will be $15 an hour, at least 15 paid days off annually and $4,000 allowance for new parents who don’t receive paid parental leave.

This announcement is perfectly in line with the Caux Principalsbe considered as an individual, implying that we must recognize their dignity and

According to the notable banker & Philanthropist Agha Hassan Abedi, the conventional definition of management

distinctive competence. We conclude this from the fact that it is the first online social media to initialize a competitively significant activity that makes it better off compared to its competitors.

Firstly, it implies that Facebook represents a competitively valuable capability that its rivals do not have. Secondly, Facebook presents an attractive potential for being a cornerstone of the strategy .Additionally, Facebook will take the advantage of first mover advantage, in the sense that there will be little competition since it will maintain most of its workers owing to the better package. However, there are several challenges to ensuring that the move is implemented. One such challenge is the costs factor

Criticism

Despite the Facebook’s move to increase its wages, we note that this value is still slightly below the wages of several other companies. For example, the hourly rate of Earth Friendly Products Company has been $17 since 2014. The company also provides a bonus of a week’s pay to all its employees. The employees also have the opportunity to receive$2500 to help them purchase a hybrid or any other green vehicle of their choice. In addition, the employees get additional $2000 if they install solar panels in their homes. As we can see, this is a far much better package than what Facebook is offering.

Another recent example where the $15 minimum hourly wage law has also been implementedis Seattle city, with effect from 1 April 2015. Owing to this, we can conclude that Facebook has taken rather too long to implement the policy.

References

Facebook Pushes to Improve Benefits, Pay for Contractors – ABC News. (n.d.). Retrieved from http://abcnews.go.com/Technology/wireStory/facebook-pushes-improve-benefits-pay-contractors-31017665

Facebook pushes to improve benefits, pay for Contractors – Business – The Boston Globe. (n.d.). Retrieved from http://www.bostonglobe.com/business/2015/05/13/facebook-pushes-improve-benefits-pay-for-contractors/8s0w7nTeBpmgBhZONwcCWI/story.html/

Facebook pushes to improve benefits, pay for contractors | The Seattle Times. (n.d.). Retrieved from http://www.seattletimes.com/business/facebook-pushes-to-improve-benefits-pay-for-contractors/

Facebook pushes to improve benefits, pay for contractors to $15 per hour – timesofindia-economictimes. (n.d.). Retrieved from http://articles.economictimes.indiatimes.com/2015-05-14/news/62165250_1_sheryl-sandberg-new-standards-menlo-park

The Wall Street Journal. (2015). Facebook Presses for More Pay for Janitors, Cooks – WSJ. Retrieved from http://www.wsj.com/articles/facebook-presses-for-more-pay-for-janitors-cooks-1431489602?mod=mktw