The popular crypto exchange giant Coinbase is yet again in our blockchain news, this time for overtaking JPMorgan’s position as the most popular employer for 2019.
According to the LinkedIn’s top 50 US employers list for this year, Coinbase managed to surpass JPMorgan in less than two weeks. The list was published a couple of days ago where it is evident that Coinbase is at number 35 which is nine positions ahead of JPMorgan at number 44. There is not a single blockchain company despite Coinbase on the list.
Coinbase mainly hires engineers, human resources and IT qualified candidates in the past and has at least 600 employees in the US. The company offers an option for the employees whether they want to be paid entirely or partially in bitcoin. More than 40 of the staff chose to be partially paid in Bitcoin.
As previously reported by DC Forecasts, the exchange giant offers its employees a $5,000 a year for treatments such as egg-freezing. The goal is to provide women to focus on their career. If later in life they want to conceive children, they can do it with the help of Coinbase’s health insurance options.
JPMorgan on the other hand, hired mostly in their finance and business development sector and has been preparing for the next generation of Banking. The company invested $10.8 billion to create a team of $50,000 technologists which is more than Twitter and Facebook combined. The bank revealed its stablecoin token the JPM Coin in February which will be ‘’the first cryptocurrency created by a US Bank.’’
Among the most preferred employers on the LinkedIn list is the parent company of Google and YouTube-Alphabet. Right after that one comes Amazon on number three and Facebook on number two. As for the consultancy companies, Deloitte reached number five, EY number 33 and PwC at number 30.
The list is based on four categories: engagement with employees, job demand, interest in the company and employee retention. In 2018, LinkedIn published another report on emerging jobs, stating that the blockchain developer job position was the most wanted one. It even came to the top of the interest list in just a year.
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