Overstock to Introduce Bitcoin Bonus Scheme for Staff
Article now includes comment from Overstock's Judd Bagley. Online retail giant Overstock has announced plans to offer its employees a bitcoin bonus scheme. Overstock representative Judd Bagley told Mashable that the company is "trying to figure out" how it can pay out bitcoin bonuses and aims to get the program in place by the end of the year. Under the scheme, Overstock employees will be incentivised to accept their bonuses in bitcoin by offering a premium over cash payments. Bagley told CoinDesk: "The first step will be to offer to pay employees their annual bonuses in bitcoin. Those....
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I think Overstock.com has just taken another huge step forward in the cryptocurrency realm. A report from Mashable indicates that the company is planning to offer its employees the option to accept bonuses in bitcoin. Yes, that's right, bitcoin. The information allegedly comes from company spokesperson Judd Bagley, who says the Utah-based e-retailer is currently exploring options in order to deploy the bonus system by the end of the year. Should an employee elect to receive his/her bonus in bitcoin, they'll receive a premium over those who want their bonus paid out in United States....
Employees at Overstock.com have another option when it comes to receiving their paycheck - bitcoins. The discount online retailer Overstock.com announced on Friday it is planning on offering its employees the option of being paid in Bitcoin. The announced was made in a release about a Bitcoin ATM that was installed at its corporate headquarters in Salt Lake City. It is the one year anniversary of when the company first announced it would be accepting bitcoin as a form of payment. Also read: Overstock to Pass $3 million in Bitcoin Sales in 2014. Overstock.com Offers Staff Bitcoin. In his....
Online outlet store Overstock.com is to launch a special rewards program that will give bitcoin buyers 1% back in the form of Club O dollars, the company's in-house rewards points. Speaking to CoinDesk, Overstock CEO Patrick Byrne said the scheme is expected to debut in approximately four weeks, although he did not commit to a definitive timeline. The program will not provide an instant discount on orders, but will instead give 1% of the total purchase value back to buyers to be applied to future purchases. Byrne did not provide further details of how the program would work, or whether it....
An ICT recruitment firm based in the Netherlands is offering its employees holiday pay in the form of bitcoins, according to Dutch news sources. Eliantie 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,....
Celebrated online investment firm xForex has introduced new bonus features for its forex trading clients. The broker, which is licensed and regulated by CySEC, provides traders with new promotions while aiming to enhance their overall trading experience at the platform. Under the same motto, it has added two bonus features to its profile: First Deposit Bonus and Account Verification Bonus. First Deposit Bonus. The First Deposit Bonus is aimed at providing new users with an additional trading advantage. It is applied to users depositing funds into xForex for the first time. Based on their....