Leadership

Sheryl Sandberg announces Facebook will raise its minimum wage to $15

Todd Heisler/The New York Times

On the heels of the Fight for 15 movement, Facebook chief operating officer Sheryl Sandberg announced that the social media giant will increase its pay for vendors and contractors, along with several other improved benefits. The company will be paying a minimum of $15 an hour, plus providing 15 vacation days and a $4,000 bonus for having a child. In a blog post on Wednesday, Sandberg wrote, “Taking these steps is the right thing to do for our business and our community. Women, because they comprise about two-thirds of minimum wage workers nationally, are particularly affected by wage adjustments. Research also shows that providing adequate benefits contributes to a happier and ultimately more productive workforce.” As one of the most high-profile female executives in the country, and the force behind the “Lean In” movement, Sandberg has been one of the most forceful voices for gender equality in the workplace. The announcement was met with praise from labor leaders.

Read the full story at The Guardian.

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