Crypto employees go on the couch. Being in a company crypto makes happy ? Does the growth of a crypto platform coincide with the happiness of its employees ? These are the strange questions that True Upthe specialist in employment in new technologies. Its research teams have produced an infographic that brings together the 27 main companies of the crypto world. On the x-axis, we find the notion of happiness and on the ordinate, the growth of the company. From Celsius à Ava Labs and Binance à KrakenLet’s find out what’s on the minds of crypto employees.
True Up polls the morale of crypto employees…
Before we delve further into people’s happiness, a few words about the methodology used to carry out this study. True Up worked with data collected by Glassdoora website specialized invaluation working conditions. Current employees and those who have left the company can Note their working conditions anonymously on a scale from 1 to 5 starsa bit like you would do for a restaurant on Google, for example. To measure the happinesswhich is technically and ethically delicate, the experts have developed a set of questions to get as close as possible to employees’ feelings.
We ask them if they would be willing to advise the company to a friend, then what they think of their CEO and finally whether they have an overall positive view of their structure. Finally, for the sake of completeness, there are numerous reserves on the legitimacy of Glassdoor’s data and that their methods are regularly criticized. However, this questionnaire is still used as a reference in the field, and allows us to compare results over time.
We’ll start our analysis from the left, i.e. from the side of the employees with the highest scores. less happy in the sector. And these are Celsius, the bankrupt crypto lenderwho are therefore a priori at the back of the pack.
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From Celsius to Ava labs, two rooms, two atmospheres!
They are closely followed by those of Amber Groupa trading company, one head ahead of a group made up of Bit Panda, Gemini, Animoca Brands, Moon Pay and Binance. American journalists tried to find out what was wrong with the number 1 crypto company, and here’s the response from a spokesperson:
« Not all Binance employees are cut out to be hardcorewhich is one of the company’s core values. It also means that sometimes we have some who are not able to thrive in this particularly brutal and changing environment. So we have to accept some negative criticism. »
Whether in a fast-growing company or one that goes bankrupt, employees can therefore be unhappy ! But it probably won’t be for the same reasons. At Binance, it’s about the pressure of the job, at Celsius, it’s about losing it. Finally, on the other side of the happiness spectrum, we find Kraken and Paxos in low-growth companies and Ava Labs and CoinDCX among those with strong growth. In the middle of the happiness map, in the soft underbelly of the championship, we find in bulk RippleCoinbase, Consensys, OpenSea or Immutable and Chainalysis.
When it comes to explaining feelings of employees, the experts put forward the following explanation: it is more structuring and fulfilling to build an infrastructure (like Ava Labs with Avalanche) than to work for an exchange. Finally, the very image of the CEO plays a major role in the feeling of happiness in the company and in this little game, Alex Mashinsky by Celsius takes the prize for least favorite! Armstrong and CZ are barely average, according to Glassdoor. Finally, the only good news common to all this little world is that the redundancy season seems officially over! Enough to put a smile on your face and add another star to your boss?
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