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NY Times Reports Allege Coinbase Underpaid Women and Black Employees
Summary: Cryptocurrency exchange Coinbase paid salaried Black roughly 7% less than people in similar positions based on payroll data from 2018, the New York Times reported. Across the company, this averaged out to a difference of $11,500. When factoring in the firm's stock options, the gap between white and Black employees' compensation at Coinbase was closer to 11%. The ...
Cryptocurrency exchange Coinbase paid salaried Black roughly 7% less than people in similar positions based on payroll data from 2018, the New York Times reported. Across the company, this averaged out to a difference of $11,500. When factoring in the firm's stock options, the gap between white and Black employees' compensation at Coinbase was closer to 11%. The report also alleges a pay disparity by gender. For example, male level 1 managers at Coinbase earned 20% more than their female peers. On average, women at the crypto firm were paid 8%, or $13,000, less than their male counterparts in 2018.
By Amy Liu
Tags: Coinbase,Discrimination,pay
Link: NY Times Reports Allege Coinbase Underpaid Women and Black Employees [Copy]
