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[cnet] Facebook ties employee bonuses to progress on social issues

LexRank Summarization

  • Facebook is changing how it determines employee bonuses, tying them to how well the company confronts issues such as misinformation and hate speech on the platform.

  • Those updated goals, as outlined last month by Zuckerberg during a conference call with analysts, include making progress on the social issues facing the internet and Facebook, building services that improve people's lives, supporting businesses and being more transparent about the role Facebook plays in the world.

  • "This particular change is designed to ensure that we are incentivizing people to keep making progress on the major social issues facing the internet and our company." Facebook's move comes as the social media giant faces its toughest stretch in its 15-year history.

TextRank Summarization

  • Facebook CEO Mark Zuckerberg on Tuesday announced changes to the company's formula for determining employee bonuses.

  • Facebook is changing how it determines employee bonuses, tying them to how well the company confronts issues such as misinformation and hate speech on the platform.

  • Facebook's employee bonuses were previously based on factors such as user growth and product quality.

Ref: https://www.cnet.com/news/facebook-ties-employee-bonuses-to-progress-on-social-issues/#ftag=CAD590a51e