- CEO Glenn Kelman will not take salary for the rest of 2020 (GeekWire)
- Management team will forego cash bonuses for 2020, Board members, and Redfin employees at its Seattle HQ will forego bonuses/cash/fees for first half of 2020 (GeekWire)
- Redfin will also temporarily increase the fixed portion of agent pay given that compensation is taking a hit due to reduced home-buying and selling activity (GeekWire)
Did Redfin help during the Covid-19 pandemic?
Yes!
RATING: +3