NYT Study: Coinbase Underpaid Female and Black Employees at Much Larger Rates...
An analysis performed by the New York Times of internal pay data at cryptocurrency exchange Coinbase unveiled disparities in salaries, showing their women and Black employees were underpaid. Coinbase Underpaid Women and Black Employees, Claims NYT Study According to the report, women employees were paid by Coinbase an average of $13,000, or 8%, which is less than men’s employees at comparable job roles within the crypto exchange. The data gathered by the NYT includes pay details of 830 employees at the end of 2018. As per an alleged unfair treatment of Black employees in terms of....
Related News
The Times' data included pay details for most of Coinbase’s roughly 830 employees at the end of 2018.
“The pay disparities at Coinbase appear to be much larger than those in the tech industry as a whole," wrote the New York Times. San Francisco-based crypto exchange Coinbase may have had a problem with paying its employees fairly based on gender and race. According to a report from The New York Times journalist Nathaniel Popper, Coinbase paid salaried Black employees roughly 7% less than people in similar positions, based on payroll data from 2018. Across the company, this averaged out to a difference of $11,500. When factoring in the firm's stock options, the gap between white and Black....
These women’s perspectives have been a game changer for the enterprise blockchain sector. Women working in the blockchain sector are still few and far between. While exact statistics are unclear, technology has, in general, remained a male-dominated field. For instance, a recent report from Deloitte found that only 7% of fintech startup founders are women. The report also noted that startups founded and co-founded by women have struggled to raise funds during the COVID-19 pandemic. Findings show that during the first six months of 2020, 20 women-led startups raised a total of $875 million.....
The survey of 1,031 female Americans between the ages of 18 and 65 discovered that 15% of women are interested in a career in crypto. Even though female investors are increasingly interested in cryptocurrency and blockchain technology, there is still a significant knowledge gap when it comes to these topics, a new study reveals. BlockFi noted that a third-party survey panel conducted the study on Jan. 28, 2022, and included 1,031 female-identifying Americans between the ages of 18 and 65.According to a recent study by BlockFi focused on the shifting attitudes toward cryptocurrency, 92% of....
The letter pushes back at an unpublished article Coinbase says will allege Black employees had "negative experiences" while with the firm.