24 April 2018

DNotes introduces digital currency employee incentive benefits plan

26 May 2015  |  1264 views  |  0 Source: DNotes

DNotes announces the release of their Employee Incentive Benefits Plan, the latest addition to their family of CRISPs (Cryptocurrency Investment Savings Plans) that already provides an investment vehicle for Children, Students, and Retirement funds.

The Employee Incentive Benefits Plan combines knowledge of the employer/employee relationship with macro-economic foresight to maximize its users' long-term potential benefit.

Employee benefits play an important role in the lives of employees as well as their families. Benefits offered by an employer can be a deciding factor for a potential employee's job decision. The cost of doing business is ever increasing, and with it, employee savings requirements. The traditional idea that pension plans will take care of an employee's financial needs upon retirement is quickly becoming obsolete. The relationship between employers and employees needs urgent re-examination, and a new mindset of partnership for mutual benefit and survival is necessary.

"Employees are struggling to secure their financial future. This means high stress, increased anxiety, lower productivity, and diminishing loyalty that breeds high staff turnover. High interest credit cards are being used to supplement cash flow. Furthermore, these fraud-prone cards have high transaction costs and shockingly high chargebacks that are paid for by the merchant, anywhere up to 8%, thus impeding business, jobs, and wage growth. I see Digital Currency adoption as a solution to high transaction costs for merchants, and inflated prices for essential consumer goods," said DNotes Co-founder Alan Yong.

Self-Employment Trending Down

Yong, a pioneer from the early days of mobile computing, pointed out that while small businesses continue to be the main incubator of job creation in the US economy, the U.S Bureau of Labor Statistics data showed that entrepreneurship is in steady decline, with both incorporated and unincorporated self-employment dropping nearly ten percent since 2004. Small business numbers have not recovered in line with economic growth since the 2008 Global Financial Crisis. Yong attributes this in part to small business owners having difficulty meeting costly payroll, healthcare obligations, mounting regulations, and funding their own retirement accounts.

Why CRISP for Employee Incentive Benefits Plans Are The Solution

CRISP for Employee Incentive Benefits will facilitate the distribution of digital currency called DNotes – a cryptographically secure digital currency which is the most reliably appreciating and stable currency in its class. DNotes has increased against the US dollar more than 30 fold since its inception in February 2014 and centers its business strategy on creating a stable trustworthy digital currency from the ground up for everyone, whether they are rich or poor. DNotes promotes trust and integrity for the long-term mutual benefit of all as it continues to work towards further capital appreciation. As DNotes positions itself to be the predominant digital currency used for global payments, with instantly cleared payments at near zero transaction costs, multiple strategic plans are systematically executed to ensure that DNotes becomes the foremost digital currency to supplement fiat currency worldwide.

How The Program Works

Director of CRISP for Employee Incentive Benefits, Marc Fortenberry, said that employers will register for the program by completing a simple online form at https://dnotesvault.com/crisp-for-employees.php. Each employer will have a main dashboard which will include a company specific link for their employees to sign up. The employer dashboard will also have a table that shows employee details to facilitate instant balance transfers into their accounts. The employer will then be able to send DNotes to reward their staff as they see fit. Every approved employer registration will receive 1,000 DNotes to get them started.

Employees need to have a DNotesVault account, and sign up with the link given to their employer, which requires only the employee's e-mail used to register at DNotesVault. When submitted, a new address is created in the employee's DNotesVault account that is identified with their company name. 

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