I heard about this FB perk where you get $10k off if you rent a unit close to Menlo Park campus. Can someone please share details on it? Is the perk still available? Within how many miles one has to rent to be eligible? Any nuances?
My friend who joined FB in May had that perk. Don't remember the distance limit.
When employees move into 10 mile radius of FB office they get a one time 10k bonus.
I'm moving from Houston to Bay Area. My recruiter told me I will be getting relocation package. Can I get $10k on top if I live within 10 miles of Menlo Park when I move?
No, this is only for current employees who live further away. I recommend living just outside the 10 mile radius or in San Francisco and then moving after your lease is up so that you can get the $10k bonus then
Why would FB have such a perk? What’s the incentive for the business to shell out 10k?
What about new joiners with existing home within 10 miles?
The perk was temporary. It has been discontinued. No longer available
It's $15k within 10 miles of MPK. I got it. Great perk.
So it's probably confusing seeing 10k, 15k . The amount of bonus you get is based on the size of the family that's moving. This benefit is about to go away at the end of the day.
Yeah, it's 15k (with a spouse) . Also the relocation service will tell you what areas it includes, as some within the distance are excluded. Or if you want, the service that's also included in the relocation package will find and take you to apartments in those areas. It's being killed at the end of the year though. They payed it out to me first paycheck after moving in to my place.
Can I move to new place outside of 10 miles for a month and then move back within 10 miles before Dec 31st to take advantage of this?
I guess so. You should really just talk to your relocation contact Facebook provide you... They'll be able to provide you with all the correct information. You get offered 1 month of free corporate housing anyway.
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