By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
Follow US
Latest World News Update > Blog > Business > Web3 salaries surpass traditional finance by up to 128 per cent, according to Request Finance research – World News Network
Business

Web3 salaries surpass traditional finance by up to 128 per cent, according to Request Finance research – World News Network

worldnewsnetwork
Last updated: June 5, 2024 12:00 am
By worldnewsnetwork
Share
3 Min Read
SHARE

PRNewswire
Paris [France], June 5: Web3 Finance Club, in partnership with Request Finance, has shared the findings of a survey carried out with nearly 900 web3 finance professionals. This comprehensive report provides insights into the compensation trends within the Web3 financial sector, offering important data for finance professionals to benchmark compensation within their organizations, and better understand if they are being paid what they deserve.
Based on data from Web3 professionals worldwide, key findings include:
* Web3 vs. Traditional Finance: Web3 finance professionals earn significantly more than their counterparts in traditional finance roles, with an average increase of 27% and some positions, like accountants, earning up to 128% more.
* Remote Work Prevalence: 92% of respondents work remotely, far exceeding global averages and reflecting the modern, flexible nature of Web3 roles.
* Substantial Gender Pay Gap: Despite the progressive ethos of Web3, a notable gender pay gap persists, with women earning 46% less than men on average.
* Crypto Compensation: Nearly half of web3 finance professionals receive some or all of their remuneration in cryptocurrencies, with 41.7% of respondents being paid at least partly in crypto, such as stablecoins and company tokens.
* Variable Pay Disparities: Nearly half of respondents report no variable pay, while the other half experience diverse variable pay models, with significant bonuses often reaching 50% or more of base salary.
* Equity Compensation Prevalence: A significant 63% of Web3 finance professionals receive equity as part of their compensation, highlighting the startup culture within the sector.
Christophe Lassuyt, Founder of Web3 Finance Club and CEO of Request Finance, emphasized the report’s importance in fostering transparency and guiding the future of Web3 finance. “Our goal is to support businesses in adopting crypto by equipping finance leaders with crucial knowledge and tools,” said Lassuyt. “This report is instrumental in raising awareness about compensation trends and encouraging more professionals to explore the opportunities in Web3.”
The Web3 Finance Club, with over 850 members, continues to serve as a vital platform for finance professionals to connect, share ideas, and stay ahead in the dynamic Web3 finance landscape. Through exclusive events, expert content, and industry insights, the club fosters professional growth and innovation.
For more information and to access the full report, visit Web3 Finance Club.

About Web3Finance Club:
Web3Finance Club is a professional network for finance leaders in Web3, offering exclusive events, expert content, and industry insights to foster growth and innovation.
Download: https://www.web3financeclub.com/web3-compensation-report
Photo-https://mma.prnewswire.com/media/The_Web3_Finance_Compensation_Report_2024.jpg
Logo – https://mma.prnewswire.com/media/2355868/4742083/RF_Logo.jpg
(ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire. ANI will not be responsible in any way for the content of the same)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Share This Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Fast Four Quiz: Precision Medicine in Cancer

How much do you know about precision medicine in cancer? Test your knowledge with this quick quiz.
Get Started
APSEZ breaks records: Handles 420 MMT cargo globally, sets new milestones in March 2024 – World News Network

The company announced that it achieved its highest ever monthly cargo volumes,…

Stock market opens on a bullish note: Nifty-Sensex surge – World News Network

Simultaneously, the BSE Sensex followed suit, leaping by 317.27 points or 0.43…

IIHM Institute of Hospitality Skills (IIHS) opens largest training centre in Udaipur – World News Network

New Delhi [India], April 1: IIHM Institute of Hospitality Skills (IIHS), India's…

Your one-stop resource for medical news and education.

Your one-stop resource for medical news and education.
Sign Up for Free

You Might Also Like

Investors Clinic Achieves Record INR 755 Crore Sales with Signature Global in FY 2024-2025 – World News Network

By worldnewsnetwork

Bajaj Markets Facilitates Access to Affordable Gold Loans – World News Network

By worldnewsnetwork

Even if Apple moves manufacturing to US, India will not lose much: Global Trade Research Initiative – World News Network

By worldnewsnetwork

India’s rapid growth inspires new goals for Yamato Logistics – World News Network

By worldnewsnetwork

Sports

Manika Batra to lead 11-member Indian team at ITTF World Table Tennis C’ships Finals – World News Network
Sports
Neeraj Chopra touches 90 m mark, becomes India’s ultimate “won it all” athlete – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Jacob Elordi, Lily-Rose Depp in talks to join Cormac McCarthy adaptation ‘Outer Dark’ – World News Network
Entertainment
Anupam Kher meets with actor, friend Robert De Niro at 78th Cannes Film Festival – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Copyright © 2024 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?