- In 2022, Coinbase, a major cryptocurrency exchange in the United States, will give its staff one week off every quarter to recoup after "hard days and long weeks" of rigorous labor.
- According to the Crypto Perception Report 2022 by Huobi Group, over 70% of crypto hodlers in the United States began investing in cryptocurrencies like Bitcoin (BTC) in 2021.
Coinbase’s taking a new approach to employees in 2022
In a Monday blog post, Coinbase chief people officer L. J. Brock said that "almost the whole firm will shut down" for four weeks this year as part of an experiment to enable staff to recover after finishing hard workloads.
Brock said that staff at the exchange aren't necessarily confined to 40-hour work weeks and may be required to "pivot at a moment's notice," implying the possibility of burnout.
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"By 2020, we found that many workers were not taking enough time off to recover, either because they didn't want to push their colleagues to cover for them or because they didn't want to fall behind on their job," Brock said.
"We realized this was unsustainable, so we booked a recharge week at the end of 2020 and two recharge weeks in 2021 when practically the whole firm would shut down." [...] Subsequent staff polls made it quite clear: recharge weeks work."
Coinbase has added the following:
"Four weeks of organized rest time may seem like a lot of time off for a firm in hypergrowth, but given the intensity of our work throughout the year, we believe this is the best approach to guarantee our pace is sustainable in the long run."
According to a recent poll, the great majority of crypto owners in the US made their first investments only last year
In mid-December 2021, the business interviewed over 3,100 American adults to examine respondents' awareness of cryptocurrency, their expectations for the cryptocurrency market's growth in 2021, and other factors.
According to the poll, 68 percent of respondents received their first crypto exposure during the previous year, while another 21 percent began investing in crypto up to two years ago.
12 percent of respondents made their first crypto investment within the last four years, while 9 percent started investing in crypto more than four years ago.
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However, according to the study results, respondents did not invest excessively in cryptocurrency. 46% of those polled said they had $1,000 or less invested in cryptocurrency. Another quarter indicated they have between $1,000 and $10,000 in cryptocurrency.
The poll also found that there is still a lot of mistrust around the crypto business, with 42 percent of respondents believing it was too hazardous to invest in crypto. 34 percent of interviewees were also worried about a lack of market rules, while 24 percent said that they did not have enough funds to invest in cryptocurrency.
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"However, we still have a long way to go before widespread acceptance." "We may anticipate to see an increase in engagement if more individuals take the time to understand the market and there is greater clarity on global rules," he added.
