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A former META employee says she was paid a $190,000 salary to do absolutely noth...

 1 year ago
source link: https://finance.yahoo.com/news/former-meta-employee-claims-she-130000461.html
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A former META employee says she was paid a $190,000 salary to do absolutely nothing — here are 4 ways to earn passive income even if you aren't so lucky

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Serah Louis
Mon, May 1, 2023, 8:00 PM GMT+9·4 min read
A former META employee says she was paid a $190,000 salary to do absolutely nothing — here are 4 ways to earn passive income even if you aren't so lucky
A former META employee says she was paid a $190,000 salary to do absolutely nothing — here are 4 ways to earn passive income even if you aren't so lucky

Madelyn Machado claims she joined Meta as a recruiter in the fall of 2021 with a stunning salary of $190,000 per year — but wasn’t able to actually do the job she was hired for.

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“We weren’t expected to hire anybody for the first six months — even the first year,” she said in a TikTok video discussing her experience at the social media company. “That really blew my mind.”

The clip has gone viral and has been watched more than 436,000 times since being posted March 16.

Machado’s LinkedIn profile shows she worked at Meta from September 2021 to February 2022. Publications, including the Wall Street Journal, New York Post and Fox News, tried to contact the company but did not immediately receive a comment.

It’s an astonishing story of corporate waste that many of us will never experience, but may serve as motivation to find ways of boosting income on the side with little to no effort.

Here are five ways you can earn passive income.

1. Rent out your space

If you’ve got a spare room you never use or a garage that’s totally empty, consider turning one of them into a rental space.

You can clean up the extra space and become an Airbnb host for short-term rentals, or let someone pay you to use your garage as storage space.

For those who own a second property outside of their primary residence, like a summer vacation home, they can rent it out during the time they’re not using it.

It’s up to you when and how often you host, and it’s a great way to make passive income out of something you already own.

Read more: Owning real estate for passive income is one of the biggest myths in investing — but here is 1 simple way to really make it work

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