• Breaking News

    Thursday, 3 October 2013

    Facebook's Company Town

    image
    Facebook INC.'s FB -0.28% sprawling field in Menlo Park, Calif., is therefore packed with soft perks that some staff might ne'er need to travel home. Soon, they're going to have that possibility.


    The social network aforementioned on it's operating with an area developer to create a $120 million, 394-unit housing community at intervals walking distance of its offices. known as Anton Menlo, the 630,000 square-foot rental property can embody everything from a sports bar to a pooch day care.

    Even in geographic region, wherever school corporations vie to lure sought after engineers with extraordinary perks and offices that tally adult playgrounds, Facebook's arrange breaks new ground.

    A Facebook voice aforementioned worker retention wasn't a serious consider the important estate push. "We're definitely excited to possess additional housing choices nearer to field, however we tend to believe that individuals work on Facebook as a result of what they are doing is bountied and that they believe our mission," she said.

    Some staff had inquired concerning places to measure close to the company field, she said, amid a housing shortage in Menlo Park.

    Real estate costs area unit skyrocketing in geographic region, and in urban center, up pure gold within the fourth quarter of 2012 within the Bay space, per DataQuick, MDA.T -0.23% a real-estate knowledge firm.

    The development conjures up reminiscences of questionable "company towns" at the flip of the twentieth century, wherever yankee plant staff lived in communities in hand by their leader and were provided housing, health care, enforcement, church and almost about each alternative service necessary.

    Spending longer within the clutches of the corporate sphere is not essentially positive. One reason the previous company cities eventually disappeared was that they might be domineering to staff. within the 2013 version, the draw back may be unspoken expectations that staff continuously be operating.

    Facebook's plans area unit still a way cry from those shaper and company cities from a century agone. Facebook staff are not expected to figure there for his or her entire lives. and also the new development will solely house a most of concerning 100 percent of its Menlo Park staff.

    But the move speaks to however competition is reshaping the role of company culture within the school business.

    "Silicon natural depression is in some ways the antithesis of the corporate city," aforementioned Ajay Agrawal, a academic of entrepreneurship at University of provincial capital. In today's school business, Mr. Agrawal says, staff feel less tied to an organization, and additional tied to the geographical location and business. they are additional probably to change corporations and collaborate on concepts with folks outside their own corporation.

    One of the downsides of the geographic region model, Mr. Agrawal says, is that if corporations believe their staff can probably leave, they will not invest the maximum amount in their lives or their development.

    No comments:

    Post a Comment

    Fashion

    Beauty

    Travel

    Whitedeals IT Solutions | Whitedeals | Whitedeals IT Solutions | Whitedeals | best Software companies in Tirupur | best Software companies in coimbatore | software companies in india | Billing software in Tirupur | Billing software in coimbatore | Top companies in Tirupur | Top companies in coimbatore | Whitedeals IT | Whitedeals coimbatore | Whitedeals Avinashi | Whitedeals gps tracking | bulk sms | bulk mail Whitedeals | website design | android development | telemarketing | inventory | Whitedeals software company | customized software development | android application development | billing Software | Mobile Application Services | software development Tirupur | software development coimbatore | web designing company | billing software coimbatore | software application development india | Best ERP Software Companies | seo companies in Tirupur | seo companies in coimbatore | web designing companies in coimbatore | web design companies in coimbatore | website design companies in coimbatore | web design company in coimbatore | ecommerce development company | ecommerce development companies in coimbatore | billing software companies in coimbatore | software development in coimbatore | web application | web application development | android development | android apps development | android apps development companies in Tirupur | android apps development companies in coimbatore | web development in Tirupur | web development in coimbatore | software company in Tirupur | software company in coimbatore | internet website designers Tirupur | internet website designers coimbatore | website design and development company | website development | ecommerce development | online website development | ecommerce website TMPooja | TM Pooja | Kalpatharu | All Pooja Material Exports | pooja | puja | pooja mandir | poojai | prarthana | pooja table | silver plate price | silver items | pooja stand | pooja decorations | pooja samagri | puja samagri | puja items | silver pooja items | pooja items | Pooja | puja | poojai | Pooja Items | Pooja Vessels | Pooja Vastram | online pooja store | online pooja materials | free door delivery | free home delivery | ganapathi homam | vastu homam | vastu pooja homam | Online Puja (Pooja) Store | Online Puja Store | Puja Articles | Buy Pooja Items Online at Low Prices in India | pooja book | Audios | videos | Online Puja Services | Pooja Online | Hindu Temple Puja | Homams | Puja Items | pooja items | pooja vessels | pooja-vastram | Online Pooja Items | Pooja Accessories | pooja samagri list | pooja items silver | indian pooja items wholesale | puja items wholesale | pooja samagri online | pooja samagri list | pooja stores in coimbatore | puja samagri list tamil | pooja samagri online bangalore | pooja samagri online Coimbatore | pooja samagri online tamilnadu | indian pooja items wholesale | pooja samagri for ganesh chaturthi | pooja items names | pooja items online bangalore | south indian pooja items online | brass pooja items online | pooja items silver Technology News Updates | tech blogs | newtech | technews | tech blog | latest it new | tech sites | science technology | tech websites | tech news sites | mobile tech news | tech magazines | tech news websites | gadget news | latest technology inventions | latest it technology | tech site | latest technology trends | technology current events | upcoming technology | latest software technologies | best tech websites | technology news today | computer technology news | articles on technology | technology news articles | latest computer technology | recent technology | latest technology in computer | news technology | com tech | internet news | technology updates | information technology news | news about technology | science and technology news | tech news today | the latest technology | latest technology updates Classifieds in india | Free classifieds india | Online Classifieds india | free classifieds india | free ads india | classifieds india | ads india | jobs in india | house india | for rent india | for sale india | matrimonial ads | india events