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By Nathaniel Popper Dec. 29, 2020 The fast-growing cryptocurrency start-up Coinbase has been rattled in recent months by tensions between executives and employees who said they were being treated unfairly because of their race or gender. While management at the company has argued that the complaints were limited to a handful of employees, Coinbase’s own compensation data suggests that inequitable treatment of women and Black workers went far beyond a few disgruntled workers. The data, recently obtained by The New York Times, indicated that women at Coinbase were paid an average of $13,000, or 8 percent, $13,000 divided by 8 percent is $162,500. less than men at comparable jobs and ranks within the company, according to an analysis of the figures, which included pay details for most of Coinbase’s roughly 830 employees at the end of 2018. ....
Photo: JUSTIN TALLIS / Contributor (Getty Images) The cryptocurrency exchange startup Coinbase consistently paid women and people of color less than other employees performing similar jobs, new data from the New York Times has found, exposing a glaring pay gap that’s large even by the tech industry’s miserable standards. Advertisement According to salary details analyzed by the Times for roughly 830 employees through the end of 2018, women employees at Coinbase were paid an average of $13,000, or 8 percent, less than men with comparable titles at the company. The 16 salaried Black employees included in the data also made significantly less, at an average of $11,500, or 7 percent, less than other employees in similar jobs. ....
Cryptocurrency Exchange Coinbase Reportedly Paid Women and People of Colour Like Shit Share Photo: JUSTIN TALLIS / Contributor, Getty Images To sign up for our daily newsletter covering the latest news, features and reviews, head HERE. For a running feed of all our stories, follow us on Twitter HERE. Or you can bookmark the Gizmodo Australia homepage to visit whenever you need a news fix. The cryptocurrency exchange startup Coinbase consistently paid women and people of colour less than other employees performing similar jobs, new data from the New York Times has found, exposing a glaring pay gap that’s large even by the tech industry’s miserable standards. ....
Cryptocurrency startup underpaid women and Black employees, data shows chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.