How The Crypto Platform, Exodus, Makes Their Salaries Transparent To Everyone
Exodus is the creation of CEO and founder, JP Richardson, who believes that Bitcoin will transform the way people conduct commerce. He is passionate about developing software that will allow users to speculate on the value of cryptocurrencies.
When he started the company in 2015, Richardson said he had to download a wallet to store his various digital assets. Now, he’s making it easier for people to manage their crypto assets. The founder claims that his platform prevents hackers from stealing their digital assets.
Exodus aims to make digital assets and financial transactions easier for everyone by 2030. The company’s goal is to empower half the world’s population to leave the traditional financial system by 2030.
Employees Receive Pay In Bitcoin
For the company’s 250 employees, Exodus uses the Bitcoin standard to pay them in digital currency. The company’s decision to adopt the digital currency was made to show its commitment to the cause and to streamline its global workforce’s payroll.
While employees are required to receive their Bitcoin payments in digital currency, they can also sell their entire digital asset if they want. Some people may hold onto their Bitcoin for a long time, while others may need to sell some of it to fund their expenses.
Crypto Payments Become a Movement
The “Great Resignation Trend” has led to millions of people leaving their jobs. Due to the rising cost of living, many people are choosing to leave their positions and improve their financial situation.
Sports stars, politicians and other high-profile individuals have also asked to be paid in digital assets instead of dollars. They believe that the value of their paycheck decreases as inflation increases.
You can easily convert your salary into digital assets by finding out if your company offers a payment option for cryptocurrency. Then, determine the amount of money that you would like to convert into digital assets. Before you start, make sure that you thoroughly research the various cryptocurrencies available on the market.
According to one of the people who asked to be paid in digital assets, the rising cost of living and the government’s spending spree has caused the price of Bitcoin to increase.
Remote First
In addition to being able to hire people from all around the world, the company also has a policy that allows its employees to work remotely. Richardson said that he decided to create this policy because he understood that people living in different countries might not be able to access the same opportunities as those in the United States.
Salary Transparency
All of the employees’ salaries are publicly disclosed, and the amount of Bitcoin that the company has on its books is also available to the public. This transparency allows people to ask for a raise or improve their compensation.
Due to the tight job market, Exodus is looking for people who are passionate about the DeFi movement and cryptocurrency. Having transparency in the workplace and being able to hire people from all around the world makes the company stand out from the crowd. Many people are hoping to get a chance of being hired.