How to motivate employees without increasing salaries? ESOP and blockchain explained!

How do you retain key employees without costing you double their salary by taking advantage of blockchain technology?

In this episode of Highgate Talks, we reveal a revolutionary approach to employee benefits through blockchain technology.

Martin Bittara (CEO of Okazio) together with Peter Varga (CEO of Highgate Group) explain how to combine cryptocurrencies, smart contracts and ESOPs into a simple system that gives companies control and employees security.

You will find:

• Why don’t classic “profit shares” work and what is the hidden problem?
• How does a smart contract work in practice?
• How can you “code” corporate loyalty into a trusted system without paperwork, lawyers and bureaucracy?
• Why is a decentralised system changing the way companies think about motivation?
• How to set up such a project in terms of regulation, taxes and accounting?

This is not a conversation about cryptocurrencies. It’s about how to leverage new technologies in corporate situations where you need to retain people, reduce costs, avoid turnover, and pay them fairly at the same time. Whether you’re a startup or a company with 500 employees, we’re bringing you a guide on how to bring your HR, accounting and company culture into the 21st century.