VMware, Twitter Cut Pay for Remote Workers

VMware, Twitter Cut Pay for Remote Workers

Assessment

Interactive Video

Business

University

Hard

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The video discusses how companies like VM Ware adjust employee salaries based on regional cost of labor when employees relocate, especially during the COVID-19 pandemic. It highlights the potential salary reductions for moving from Silicon Valley to other regions and the possibility of pay increases when moving to more expensive areas. The video also explores company perspectives on remote work and how they use compensation adjustments as a tool for employee retention.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential salary reductions when moving from the Bay Area to Denver?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does VM Ware determine compensation for employees moving to different regions?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do employees face when moving back to the UK from the US?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the impact of the COVID-19 pandemic on remote work policies according to the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does VM Ware's HR department approach transparency with employees regarding compensation?

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