A newly released survey from Bitwage has revealed that 47% of bitcoin companies are open to paying their employees in the virtual currency.
Companies like Deel, Bitwage, Papaya Global and Chrono.Tech offer HR departments flexible tools for managing their workforces and diversifying payment opportunities, thus helping retain and engage employees.
Human Resource and Payroll service Bitwage launches Bitcoin 401(k). The new product is set to help employers meet the PPP requirements. It was rolled out in partnership with Gemini, Kingdom Trust and Leading Retirement Solutions.
The crypto market has responded positively to apparent demand from venture capitalists and institutional investors. Analysts think that none of the Bitcoin’s previous price rallies had the same optimism.
Thanks to entering in a new partnership, Bitwage will give more companies a possibility to pay their employees using crypto assets.
With the latest offerings, remote workers can now receive wages from their employers, and employers can fund payrolls in any of the new 18 currencies.
Bitwage has released a new bitcoin-based payroll product that allows employers to pay employees outside the US in their local currency.
A newly released survey from Bitwage has revealed that 47% of bitcoin companies are open to paying their employees in the virtual currency.
Coinality, a job board for digital currency, in cooperation with Andreas M. Antonopoulos will be hosting the world’s first ‘Bitcoin Job Fair’ on Saturday, May 3rd at the Plug and Play Tech Center in Sunnyvale, California.