Coinbase allows employees to restore energy by giving them four charging weeks in 2022 as it believes the approach will enhance the performance of the exchange so let’s read more today in our latest Coinbase news today.
Coinbase thinks that this approach won’t work for every company but because of the high growth and the intensity of the crypto industry, the adjustment was made to serve the customers better. In the blog, the exchange noted:
“Four weeks of coordinated recharge time might sound like a lot of time off for a company in hypergrowth, but given the intensity of our work throughout the year, we think this is the best way to ensure our pace is sustainable for the long term. “
Due to the global effects of COVID-19, Coinbase changed the policy to allow employees to work remotely from home. By empowering the employees to take control of their well-being via the Flexible Time Off policy, it means that the employees won’t need to accrue time off to worry about hitting the limits before using the policies. Coinbase conducted a survey of its employees where 52% said the charging days and weeks are the main tool to allow them to rest and recover.
Coinbase allows employees to rest after it tripled its headcount in the past 12 months. The rest time is extremely important because of their work efficiency. The exchange announced that the entire company will be closed in 2022 for a four-week rest period as a return to high-intensity work. The exchange noted:
“Despite our FTO policy for most employees, we realized in 2020 that many employees weren’t taking enough time off to recharge, either because they didn’t want to force their teammates to cover for them or because they didn’t want to fall behind on their work.”
Coinbase is expanding the business and it announced the acquisition of crypto wallet startup BRD aims to create secure and reliable access to the encrypted decentralized world for the users.
As recently reported, Coinbase’s CEO published a blog post outlining the vision of the company for the metaverse. Coinbase wants to help the users manage their metaverse identity with avatars and NFTs and now Coinbase could build identity tools to let people access the metaverse. The CEO of the exchange Brian Armstrong and Alex Reeve published a blog post that shows the company’s vision of the metaverse and the plans to operate there.
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