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Topic: Japanese Internet Company Prepares to Launch Bitcoin Payroll (Read 130 times)

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https://www.newsbtc.com/2018/04/12/gmo-internet-group-prepares-to-launch-its-bitcoin-payroll-option/

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While Bitcoin is an appealing investment vehicle its other use cases are less popular. Fewer people spend it to buy goods and services as of right now. When it comes to salaries, Bitcoin has not made too many inroads yet either. If it is up to GMO Internet Group, that plan will come to change fairly soon.

It is not the first time GMO Internet Group has taken a closer look at Bitcoin. The company made it clear they want to work with the leading cryptocurrency in an official capacity. For now, the main focus lies on incorporating a Bitcoin-related payroll for all staffers. **That means the Japanese internet giant will allow employees to receive a chunk of their salary in cryptocurrency**.

With employees determining the salary cut they want to receive in Bitcoin, interesting options become apparent. The minimum is 10,000 Yen, whereas the maximum is 100,000 Yen. These amounts are still relatively low compared to what GMO Internet Group employees earn, but this is the initial stage of rolling out this feature. There is also an incentive for employees exploring this option, as they receive a bonus of up to 10%.
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