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.

AccessTimeIconMay 17, 2013 at 4:34 p.m. UTC
Updated Sep 10, 2021 at 10:46 a.m. UTC
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

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.


Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.


Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.