Steak ’n Shake Offers Bitcoin Bonus to Hourly Workers
Steak ’n Shake to reward hourly employees with $0.21 per hour in Bitcoin, starting March 1, with a two-year vesting period.
- Steak ’n Shake adds Bitcoin bonus for hourly workers
- $0.21 per hour worked in BTC at company-owned stores
- Payouts vest after two years starting March 1
In a groundbreaking move merging fast food and cryptocurrency, Steak ’n Shake has announced a Bitcoin bonus program for its hourly employees. Starting March 1, workers at company-owned locations will receive an additional $0.21 per hour in Bitcoin for every hour they work. This initiative positions the restaurant chain as one of the first in the industry to incorporate crypto into employee compensation.
The bonus won’t be handed out immediately. Instead, it will vest after two years, meaning employees must stay with the company for at least that long to access the full Bitcoin payout. This structure not only encourages long-term retention but also gives employees time to watch their Bitcoin potentially grow in value.
Why Bitcoin?
Bitcoin continues to gain mainstream acceptance, and companies across various industries are finding creative ways to incorporate it into their business models. Steak ’n Shake’s decision reflects a growing interest in digital assets as a form of value and incentive.
By giving employees exposure to Bitcoin, the company is offering more than just a financial bonus—it’s also offering a potential investment opportunity. While Bitcoin’s value is known for its volatility, long-term holders have often seen significant gains.
A Sign of the Times
This Bitcoin bonus plan signals a shift in how traditional companies engage with emerging technologies. For hourly workers, the program adds a futuristic twist to their regular earnings. And for the company, it’s a unique way to stand out in a competitive labor market.
Whether other chains will follow suit remains to be seen, but one thing is clear: crypto isn’t just for tech firms anymore.
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