• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechReddit

Reddit will pay U.S. employees the same wherever they work

By
Bre Bradham
Bre Bradham
,
Priya Anand
Priya Anand
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bre Bradham
Bre Bradham
,
Priya Anand
Priya Anand
and
Bloomberg
Bloomberg
Down Arrow Button Icon
October 27, 2020, 6:26 PM ET

Reddit will give employees, with some exceptions, the flexibility to work outside of offices going forward, the company said Tuesday in a blog post.

U.S. Employees will now be paid the same, based on high-cost locations like NY or San Francisco, whether they work from those places or not.

“Moving forward, teams and team members will have flexibility to explore where they work: in the office, remotely, or a combination of the two,” the post said.

For those who do come into the office, the spaces will be look different: Reddit said it’s “reimagining” its office space, without fixed desks and with “neighborhoods” for teams to work together. The newly flexible approach will help Reddit bring in top talent without concerns about relocations, increase workers’ engagement and make their office space more efficient.

Several tech firms, including Facebook and Slack, have said during the pandemic that their workers are free to relocate and work remotely going forward, but they will be paid based on where they live. Stripe Inc. Said that it would pay employees who relocate from the Bay Area or New York a one-time bonus of $20,000 – but they’d also get a pay cut of as much as 10%. Brex, a fintech company based in San Francisco, has also outlined salary reductions for employees who move out of the Bay Area and New York to places like Austin, Texas or Utah.

“We will not be afraid to continuously adapt and evolve our workforce philosophies, programs, and processes,” Reddit’s post stated.

About the Authors
By Bre Bradham
See full bioRight Arrow Button Icon
By Priya Anand
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.