Share this article
Dutch firm Eliantie offers staff holiday pay in bitcoins
An ICT recruitment firm based in the Netherlands is offering its employees holiday pay in the form of bitcoins, according to Dutch news sources.
Updated Sep 10, 2021, 10:46 a.m. Published May 17, 2013, 4:34 p.m.
Make us preferred on Google
An ICT recruitment firm based in the Netherlands is offering its employees holiday pay in the form of bitcoins, according to Dutch news sources.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
announced in a press release today that staff members will receive their vacation pay in bitcoins, the news site NU reported.
The company has reportedly been mining bitcoins since 2010, and has now amassed enough of the digital currency to begin using it for holiday pay.
Eliantie employees were initially reluctant to accept bitcoins, reported the Dutch-language publication Automation Guide. Following several informational meetings, however, "they are almost all convinced of the benefits," it reported (in a translation by Google Translate).
According to ExpatArrivals, workers in the Netherlands receive two bonus payments on top of their regular salary every year: a Christmas bonus and a summer bonus that is paid in May/June. The summer holiday pay comes to around 8 percent of a worker's gross annual salary.
More For You
More For You
Bitcoin pops then drops as Supreme Court strikes down Trump tariffs
As has been typical in crypto markets of late, even the most modest move higher was met with immediate selling.
What to know:
- The U.S. Supreme Court struck down President Trump's tariffs.
- The news quickly sent bitcoin higher by about 2% to above $68,000, but the gains proved fleeting, with BTC quickly returning to the $67,000 level.
- Earlier Friday, U.S. economic data showed slower than expected economic growth alongside higher than hoped inflation.
Top Stories
