State of Global Hiring Report 2021 | @Deel \ stacker news ~bitcoin

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State of Global Hiring Report 2021 | @Deel

15 sats \ 5 boost \ 5 comments \ @earnbitcoin 4 Mar 2022 bitcoin

Last month, remote hiring startup Deel (YC W19) published their State of Global Hiring Report 2021 [Direct PDF Download]

Deel can bring on independent contractors and hire full-time employees in over 150 countries, compliantly in minutes.

Though only a fraction (2%) of payments through Deel to workers (contract or full-time) are withdrawn in "crypto" (just 2% for Q3 & Q4, 2021), the number of people wanting to be paid in cryptocurrency has been increasing 10% Month-Over-Month since November 2020.

And the cryptocurrency most often withdrawn is, by far, bitcoin:

https://i.imgur.com/SL2Gr75.png]

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0 sats \ 3 replies \ @earnbitcoin OP 4 Mar 2022

Here's a news article about the report:

Deel makes software technology that automates payroll, HR, compliance, perks, benefits, and other capabilities needed to hire and manage a global team.

Almost 10% of Payroll Withdrawals from African Contracts are in Crypto, Says Latest Report

The report, focused on tech and remote work, said that the number of companies hiring in the [African] region has now risen to more than 800% year-on-year, YoY, which is more than double the hiring rate for countries outside the continent.

“Almost 10 percent of payroll withdrawals from contracts in Africa are in cryptocurrency while top countries in Africa where hiring is growing include Nigeria, South Africa, and Kenya.”

According to Deel’s report, the number of contractors using Deel in Africa has doubled in the last six months.

https://bitcoinke.io/2022/03/10-percent-of-payroll-withdrawals-from-africa-in-crypto/

0 sats \ 1 reply \ @earnbitcoin OP 4 Mar 2022

And now employers can use stablecoins to fund their payroll.

Just last year, we enabled Crypto Withdrawals for contractors, allowing anyone paid through Deel to withdraw their earnings right to their Coinbase account in Bitcoin, Ethereum, USDC, Solana, and Dash for almost instant withdrawals.

Today, we’re taking things a step further by enabling businesses to fund payroll in USDC. Companies that hold their money in USDC can make a payment directly to Deel via their Coinbase account to cover payroll and payments for their global team. Once the business has paid the money into Deel, contractors can withdraw in over 150 currencies, including Crypto. ✌️

A, B… USDC. Which Crypto do you want next?

We started with USDC because it’s one of the fastest-growing Stablecoin, and because it’s pegged to the dollar, there’s less room for volatility.