Virginia tech firm offers staff option to get paid in Bitcoin, Ether.

[Malam90]

The company will allow employees to defer a portion of their salary and receive it as part of a savings plan, denominated in either Bitcoin, Bitcoin Cash or Ether.
Sequoia Holdings — a software development services provider, not to be confused with the well-known venture capital firm Sequoia Capital — is offering its staff the option to set aside a portion of their salary and invest it in cryptocurrency.

Sequoia Holdings is based in Reston, Virginia and provides engineering and analytic solutions to the United States national security sector, including the U.S. intelligence, defense and homeland security departments. It is also, notably, an employee-owned firm, which suggests the optional integration of cryptocurrency into salary arrangements could be a good barometer of popular staff sentiment.

The company's employees will be able to choose to defer a portion of their salary and have it invested in either Bitcoin (BTC), Bitcoin Cash (BCH) or Ether (ETH). While Sequoia Holdings draws an analogy with widespread 401(k) retirement savings plans for other U.S. employees, the difference here is that the deferral will, in this case, be calculated after tax deduction.

Sequoia Holdings does not indicate what portion of employees' salary can be deferred if chosen, nor does it name the third-party payroll processing firm that will be responsible for withholding the taxes and converting the remainder into the chosen cryptocurrency. All crypto savings will be held in a digital wallet that will be managed by this same third-party payroll processor. News source