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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.

May 17, 2013 at 4:34 p.m. UTC
Updated Sep 10, 2021 at 10:46 a.m. UTC

An ICT recruitment firm based in the Netherlands is offering its employees holiday pay in the form of bitcoins, according to Dutch news sources.

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.

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