Steak ’n Shake taps Bitcoin bonus program for hourly employees

The fast-food chain said employees will receive a BTC bonus per hour worked, with payouts vesting after two years and limited to company-operated locations.

US fast-food restaurant chain Steak ’n Shake plans to offer Bitcoin bonuses to hourly employees at company-operated locations, signaling a move to use digital assets as a retention tool.

In an X post on Wednesday, the company said hourly employees will be able to collect a Bitcoin (BTC) bonus of $0.21 per worked hour starting March 1, with a two-year vesting period.

At $0.21 per hour, a full-time employee working 40 hours a week would earn about $8.40 in Bitcoin per week, or $437 per year based on a standard 52-week schedule. The program is supported by the Fold, a Bitcoin rewards and payments company.