Only Ripple made the list of crypto companies.
Following a lengthy battle with the US Securities and Exchange Commission (SEC), Ripple has received recognition from People’s Magazine. The San Francisco-based blockchain business was included in the publication’s list of the “100 Companies That Care About Employees And Society” this week. People Magazine singled out Ripple for its corporate social responsibility project, the Ripple Impact Programme, which aims to improve financial inclusion, promote sustainability, and advance research.
Ripple Among ‘PEOPLE’s 100 Companies That Care in 2023’
People’s list celebrates businesses that go above and beyond to ensure their consumers feel valued. The list also recognizes companies that encourage their employees to contribute to making “the world a better place,” with Cisco at the top; trailing behind are American Express, PricewaterhouseCoopers LLP, Target Corporation, NVIDIA, Deloitte, Accenture, Atlassian, and MasterCard, among others. Meanwhile, Ripple is ranked 83rd on the list. An employee of the blockchain startup said of the company’s culture, “There are opportunities to get involved with community service and access to mental health care benefits.” Most importantly, employees are valued and encouraged to balance their personal and professional lives.”
Work Culture in Crypto Companies
The most recent development comes months after several notable cryptocurrency companies were acknowledged to have the unhappiest employees in the sector.
TrueUp, a tech recruitment agency, designed a quadrant graphic using data from the job review platform Glassdoor to compare employee satisfaction and growth among crypto companies. It comprised 27 of the most valuable bitcoin companies.
The survey also indicated that the least happy employees worked for bankrupt crypto lender Celsius, Winklevloss-led crypto exchange Gemini, and crypto trading business Amber Group. Binance and Coinbase were also accepted into the same cohort.