Facebook Inc is offering employees at its Silicon Valley
headquarters at least $10,000 to move closer to the office, a reflection
of the challenges many tech companies face in the increasingly
expensive and congested San Francisco Bay area.
To
qualify for the payment, which the social networking firm started
offering in the last 12 months, according to current and former Facebook
workers, employees must buy or rent a home within 10 miles (16 km) of
the Facebook campus at One Hacker Way, a desolate strip of road
overlooking a marsh about 30 miles (48 km) south of San Francisco.
Facebook says the programme is not about social engineering. "Our
benefits at Facebook are designed to support our employees and the
people who matter most to them at all stages of life,"
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