What you need to know about paying wages in cryptocurrency

What you need to know about paying wages in cryptocurrency

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Not all of your employees will prefer to have their hard work rewarded with often volatile cryptocurrencies. However, for those already investing in it, having some or all of their salary given as a digital currency may be more appealing and convenient. Below you can find the details of what you will need, some examples of people already doing it and the obstacles you will face.

To make paying your employees a reality, both you and your workers will need to have some additional things. The first is everyone will need a secure wallet to pay the cryptocurrency in. Making sure the best wallets are chosen is vital because there is no backup to the funds stored in them like there is at a conventional bank. Anyone considering their options should not forget to check out the Luno Bitcoin wallet with exceptional safety and stellar reviews.

The other help you will need as a business is a dedicated team of bookkeepers who know how to track payments in Bitcoin – more on that shortly.

 

Companies already paying in Bitcoin

There are some firms already making the leap to paying employees in cryptocurrency. Notably, a Japanese firm has started using Bitcoin to pay staff. At the moment, this is rare as most firms find the process difficult due to some legalities and taxation issues.

Another way people have been getting paid in cryptocurrency is through freelancing work via apps. There are many apps on the market that will pay freelance workers to complete projects in exchange for Bitcoin and alike. Earn.com is one of the most established, but many similar apps are available.

 

Legalities and tax 

One of the reasons that some of the most trendy fintech startups are not paying in crypto as of yet is because it is an overly complex procedure. For some, it is just not possible as it is against the law to do so, including in many South American and Asian countries. Even in those that do not make it illegal, the taxation and invoicing practicalities of doing so put them off.

For example, in the USA you can legally pay in crypto, but all forms need to show values in US dollars and sophisticated and specialist accountants and bookkeepers would be required, which adds to business expenses.

 

Will the rules change?

It is possible that as cryptocurrencies become even more mainstream and accepted – as well as regulations are implemented upon them – the idea of paying in crypto will become not only legal, but more feasible. That day may come, but the wait until it is easy to do may be long.

For now, employees may be better swapping their fiat salaries for crypto with a trusted exchange platform and a reliable wallet.

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Knight Frank and Work.Life launch flexible office platform

Knight Frank and Work.Life launch flexible office platform

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flexible officeKnight Frank is the latest established property business to launch a flexible office offering. In partnership with flexible office provider Work.Life announce the launch of new flexible managed workspace solution, Yours. A joint venture between Knight Frank and Work.LifeYours claims to “partner with landlords to provide a comprehensive offer, incorporating a sales strategy that addresses both flexible and traditional market demand. The platform streamlines the design and delivery of resalable workspaces, and offers a suite of ongoing services and extras to businesses, including access to Work.Life’s network of coworking spaces and amenities.” More →

Surface Design Show 2020 to focus on sustainability and regional differences

Surface Design Show 2020 to focus on sustainability and regional differences

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Surface Design ShowThe Surface Design Show, which runs from 11-13 February, has announced its theme for 2020: Close to Home. Held at the Business Design Centre in Islington and celebrating its fifteenth edition, the show’s theme addresses the current climate emergency debate in the context of the surface and materials sector, for both the UK and international markets.

Close to Home will look at a wholly sustainable approach to design. Innovative and thought- provoking products will be highlighted at Surface Spotlight Live, a section of the show curated by trend expert Sally Angharad and forecasters Colour Hive. The theme will look beyond aesthetics and into manufacturers’ impact on the environment, from the processes used in mining or manufacture, through to the carbon footprint sustained during sales and distribution. Designing with a conscience will also be examined, from reusing waste materials to looking at what happens at the end of a product’s life cycle.

There will be a number of home-grown products on display including textiles from the North of England from exhibitors such as New Talent’s The Monkey Puzzle Tree and porcelain in the Midlands from H+E Smith. Several areas worldwide which are renowned for specific materials, will also be represented, from Italian marble to Spanish tiles from Tile of Spain and ceramics from Portugal’s Viúva Lamego. Other issues examined through the theme include why these areas have become market-leaders in their respective material markets, what benefits a project brings to the local area in terms of employment, preserving skills and sustaining the local community, and what challenges there are in continuing to serve the global marketplace.

Further questions to consider include can we ever return to buying locally, with particular reference to the UK post-Brexit, given the fact that we’re so used to being global consumers? Should manufacturers use local designers, as opposed to those based hundreds or even thousands of miles away?

Over the 2½ days, Surface Design Show will host approximately 30 presentations from 50 speakers, including panel discussions and talks centred around this highly topical theme, including Jo Roan, associate strategy director at PriestmanGoode talking sustainability through ‘Get Onboard: Reduce. Reuse. Rethink’ on the Main Stage on from 1:45pm – 2:30pm on Thursday 13 February. Also featured on the Main Stage on Wednesday 12 February is ‘Close to Home: Consciously Creating Spaces from Concept to Completion’ with Nicola Keenan from Boxx Creative ( 3:15pm – 3:45pm) and Hotel

Designs’ editor Hamish Kilburn who highlights the importance of close to home in his presentation entitled ‘Biophilic Materials in Surface Design’ from 12:30pm – 1:00pm on Thursday 13 February.

Tickets are free to professional and trade visitors. Register at https://www.surfacedesignshow.com/register

Six cost-reducing benefits of switching to a cloud phone system

Six cost-reducing benefits of switching to a cloud phone system

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This article comes courtesy of PBX Hosting, a leading UK-based VoIP telecommunications provider. They deliver hosted PBX solutions and VoIP phone systems to businesses of all sizes and specialisms. Switching to a cloud phone system is one of the lesser-known cost savings a business can make, but it’s also one of the most effective. More and more businesses are switching to cloud communications, with a cost reduction of between 50 and 70 percent. More →

Five German Design Awards for Sedus Office Furniture

Five German Design Awards for Sedus Office Furniture

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After Sedus confirmed its status as one of the most important office design innovators in Europe at last year’s ORGATEC trade show in Cologne, several of the firm’s latest generation of ground-breaking products have won prestigious design prizes in the firm’s native Germany.

The se:flex and se:motion swivel chairs as well as se:fit standing seat and se:cube Office Cubes have each been awarded the German Design Award 2020 – Winner by The German Design Council while the se:spot all-purpose chair went one step further receiving the Gold German Design Award for 2020.

The German Design Award is one of the most coveted design prizes in Europe and is awarded every year by a prestigious international jury. The Award honours innovative products and projects, their manufacturers and designers who have proven themselves pioneers in the German and International design sector.

The five award-winning office furniture pieces were developed by the Sedus Design Team, and launched for the first time to the public at the ORGATEC 2018 trade fair. They went fully into production in 2019 and have also been used in the fit-out of the new office building at the firm’s headquarters in Dogern.

In the Sedus Smart Office around 100 employees from twelve disciplines work together in a uniquely collaborative and flexible working environment. The spaces serves as a test laboratory, prototyping and model workplace for designers and customers travelling to the Upper Rhine location from all over the world.

 

Humanscale Summa sets new standard in ergonomic seating for executive offices and boardrooms

Humanscale Summa sets new standard in ergonomic seating for executive offices and boardrooms

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Summa, an executive chair by Humanscale made for today’s dynamic leaders, is now ready to order. An effortless blend of luxury and simplicity, Summa’s defined aesthetic and sophisticated palette is well-suited to high-end executive spaces within the workplace. The executive chair has a single, discrete height-adjustment lever seamlessly designed into the seat, unlike most chairs which have multiple exposed adjustment levers. Complementing its enveloping shape and sculpted materials, Summa features Humanscale’s signature weight-compensating recline mechanism and integrated armrests for exceptional ergonomic comfort and support. More →

First Mats launches new range of cable protectors

First Mats launches new range of cable protectors

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First Mats is delighted to announce the launch of a brand-new range of floor cable protectors to complement the company’s existing selection of floor matting safety products. The new range of floor cable protectors is specifically designed with floor safety in mind to protect workers from trip hazards, as well as preventing damage to expensive IT equipment.

“A big part of the First Mats mission is to help improve safety in workplaces, and I believe that this range of floor cable protectors is a fantastic addition to our established range of floor matting products,” said Richard O’Connor, Strategic Marketing Director.

Loose, trailing cables present a dangerous health and safety hazard to workers, and First Mats’ new range of floor cable protectors can improve floor safety and prevent workplace accidents. IT equipment is also vulnerable to damage when cables are accidentally yanked out.

As well as performing a vital health and safety at work function, First Mats’ new range of floor cable protectors has another important role to play in any workplace environment. Floor cable protectors help to keep office premises, warehouses, commercial kitchens, and factory floor areas tidy, preventing tangles of cables from collecting dust that could present a fire hazard or harbour gnawing pests and insects.

Loose cables can easily be damaged and abraded by foot traffic and vibration. Still, First Mats’ floor cable protectors can prevent that, saving firms from the cost of cable replacement and the expensive production downtime that can be caused by catastrophic equipment failure. Floor cable protectors can also be used to shield outdoor cabling at events, festivals, and the like, preventing damage by the elements and from foot traffic, as well as protecting people attending the event from trip-related accidents.

First Mats’ cable protectors are made from super-strong PVC material for excellent durability and are suitable for both indoor and outdoor use. The whole range of floor cable protectors is made with a seamed backing that keeps cables and wires snapped firmly in place. There are several grades of durability on offer, from general-purpose floor cable protectors that are ideal for use in offices and computer rooms, through to a heavy-duty version that can withstand impact from heavy vehicular traffic and vibration from adjacent machinery.

For more information, please contact First Mats on 0121 702 1659, email info@firstmats.co.uk or visit the First Mats website (https://www.firstmats.co.uk/).

Next generation of property talent celebrated at BCO NextGen Awards

Next generation of property talent celebrated at BCO NextGen Awards

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BCO NextGen AwardsThe UK’s rising stars in the commercial property sector have been recognised at the British Council for Offices’ (BCO) fourth annual NextGen Awards ceremony. The Awards are part of the BCO’s NextGen programme, which sets out to mentor and encourage the next generation of professionals to become future leaders in the industry, whilst providing a platform for new talent to share ideas. The ceremony, which took place at The Porter Tun, London, was attended by the country’s top designers, developers, architects and occupiers under the age of 35. It celebrated the achievements and successes of young professionals in the commercial property sector across the UK, and the leaders who have inspired them. More →

Infosys opens new digital innovation centre in Duesseldorf

Infosys opens new digital innovation centre in Duesseldorf

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Infosys has announced the opening of its new Digital Innovation Centre in D?sseldorf, Germany.The Centre has been created to help Infosys work more closely with its clients in the region in supporting their digital transformation journey, while focusing on next-generation business suites such as SAP HANA, as well as cloud based services, Internet of Things, 5G, Artificial Intelligence and Machine Learning. More →

BCO issues final call for 2020 Awards

BCO issues final call for 2020 Awards

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BCO AwardsSome things in life come around quickly, the changing of the clocks, birthdays, Christmas music in supermarkets – and the British Council for Offices (BCO) Awards deadline. Just four weeks remain for wannabe winners to submit their applications, with the call for entry closing at 5pm on Friday 29th November 2019. The BCO claims that its National Awards sets the standard for excellence across the office sector in the UK, attracting over 1,300 property professionals on the evening, as they hope to take home the National Award for their category. Entrants will be judged by a regional panel of judges in the Spring, with each local winner going on to compete for the National title in October. More →

Bisley and Boss Design announce new partnership for France

Bisley and Boss Design announce new partnership for France

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Furniture manufacturers Bisley and Boss Design has announced a new partnership which will see Bisley having the distribution rights for all Boss products in France. Together, Bisley and Boss will be able to showcase British manufacturing excellence and provide a full and versatile range of office solutions and experiences for the French market. More →

Startup yulife is using gamification to boost workplace morale

Startup yulife is using gamification to boost workplace morale

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Yulife, a Shoreditch-based startup is using its innovative app to reward staff members for being healthy. The company offers life insurance plans for staff members which are backed by heavyweight insurer AIG, but staff also get the opportunity to earn rewards for every mile they walk, meditating and keep healthy. The company is the brainchild of former Vitality executive Sammy Rubin who founded yulife with a passion for bringing health and wellbeing to the UK insurance market. The insuretech company has hired renowned health expert Dr Rangan Chatterjee as the Chief of Wellbeing Officer and is endorsed by Deliciously Ella. More →

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