Immensus Group owns 16 Domino’s Pizza locations in the Netherlands and has decided to partly pay their employees in bitcoin.
The company announced that more than 1,000 workers will now have the option to chose if they want to get part of their salary in bitcoin. Due to Dutch laws, the minimum wage must be paid in fiat currency. Immensus Group co-owner Jonathan Gurevich said the firm is trying to motivate employees, especially the younger generation.
“We work with a lot of young employees. We hear them talking about bitcoin, and we want to offer the opportunity to own cryptocurrency.”Jonathan Gurevich, Immensus Group co-owner
Only above minimum wage salaries will be qualified for the digital currency payments, and the transaction fees will be borne by Immensus. The firm is partnering with BTC Direct, one of the most important crypto brokers in the Netherlands, which also pays its employees in bitcoin.
“For someone who works like 9 hours per week, they will be able to put at least put €5 per month into bitcoin.”Jonathan Gurevich, Immensus Group co-owner
The news was disclosed on Bitcoin Pizza Day on May 22nd, which was the 11th anniversary of Laszlo Hanyecz paying for two pizzas with the digital currency. The 10,000 BTC spent by Hanyecz would be worth millions nowadays.