Just a quick check in from Wagepoint. We also allow the employee to split their pay between multiple accounts via percentages - checking, savings, bitcoin. Just as an interesting point of fact, 80% of the employees using the bitcoin feature in our app take a 100% of their net pay in bitcoin. So it's definitely gaining popularity.
The biggest benefit in the way we do it is that we take out all the Fed/ Sate and Local taxes first and then only allow people to take home a % of their net pay in bitcoin. This way we get to avoid questions from Uncle Sam :)
Always happy to see the bitcoin payroll community expanding - props!
The biggest benefit in the way we do it is that we take out all the Fed/ Sate and Local taxes first and then only allow people to take home a % of their net pay in bitcoin. This way we get to avoid questions from Uncle Sam :)
Always happy to see the bitcoin payroll community expanding - props!