Belonging, Inclusion and Diversity
We all belong in crypto.
Coinbase is a collection of wildly talented and wildly different individuals. As a company we focus on what we can control, the employee experience within our walls. We are committed to ensuring that every employee feels they belong and can do their best work.
Expand top of the funnel diversity
In order to expand top of funnel diversity in our candidate pools, we partner with organizations to develop the next generation of diverse crypto talent (some examples here and here). We also consistently monitor our hiring processes and data to root out the potential for bias.
Support and retain diverse top talent
We invest in programming that fosters inclusion for all employees, and focus specifically on programs that support employees from under-represented backgrounds. This includes funding and championing our Employee Resource Groups (ERGs), offering coaching and development opportunities for diverse top talent, and embedding belonging and diversity throughout all of our manager trainings.
Ensure equality in performance evaluation and pay
We are adamant about ensuring all employees are objectively and consistently evaluated and paid. We are proud of our leadership in eliminating negotiations in compensation to truly ensure equal pay for equal work, and seek to be a leader in our field by creating this kind of equality in the workplace.
Coinbase APAC Speaker Series with Garry Tan
A conversation between Coinbase's Chief Legal Officer Paul Grewal and Coinbase investor Garry Tan discussing the earlier days of crypto, Coinbase, and the importance of the Asian community to participating in future development of the space.
See more conversations here.
APAC’s goal is to foster a safe space for global and diverse Asian and Pacific Islander employees and allies, to celebrate cultural differences and revel in similarities.
ColorBlock’s mission is to create a workplace that promotes racial inclusivity for Black and Brown employees within technology, cryptocurrency, and at Coinbase.
Pride’s mission is to build a safe, inclusive community for all colors of the rainbow, offering a platform for LGBTQ+ representation, awareness, and empowerment.
Thrive’s mission is to empower, uplift, and advocate for neurodiverse and disabled employees, and their unique needs, while working to challenge ableism and eliminate harmful stigmas.
WE@ is committed to cultivating brave space and empowering the personal and professional journeys of women at Coinbase.
UNIDOS is focused on creating leadership, career growth, and community engagement opportunities for Hispanic & Latino employees at Coinbase.
How does a mission-first (“apolitical”) approach work alongside belonging, inclusion, and diversity?
Coinbase has an ambitious mission to increase economic freedom in the world. We believe the biggest impact we can have on the world is to be laser focused on achieving our mission. When we create a new financial system, more people - regardless of background, nationality, or other dimensions of diversity - will have access to greater opportunity.
We also believe that we can only achieve this audacious goal, if we have top talent in every seat innovating to make our mission a reality. To attract and retain top talent, Coinbase must be a place where people feel they belong and can do their best work, a place where people from all backgrounds contribute meaningfully.
Philosophically, our mission and objectives for BID are aligned. In practice, we focus on what unites us (our mission), establishing fair systems, and enabling formal and informal support and community for all employees, but especially those from under-represented backgrounds. As a company, we refrain from talking about politics or social causes, unrelated to our mission, as a group, but individually support employees on any need, regardless of the topic.
What does it mean to be remote-first and how does that increase diversity?
Remote first means that about 95% of roles at Coinbase can work from an office, from “home,” or a hybrid of the two. Previously, less than 1% of the world lived within commuting distance of one of our offices. Now we can cast a much wider net, including attracting top talent from more diverse talent pools. Over the last nine months, we’ve onboarded hundreds of employees from locations outside of the commute range of any of our existing offices, and that number is growing day over day. Read more about our journey here.
How do people connect at Coinbase?
Connection matters even more as we embrace being a decentralized workforce. It’s important for employees to build strong, positive connections with one another, whether they work together on a team, partner cross-functionally, or encounter one another casually in meetings and conversations. We support these connections in many ways: through the lens of our BID work with monthly Belonging & Culture meetings and Employee Resource Groups, which host monthly meetings, affinity celebrations and educational opportunities, through a virtual coffee stipend which encourages employees to meet with one another, through virtual regional and company-wide events, and through the sponsorship of team events, including everything from dedicated social time to bonding-focused offsites. And of course, we have hundreds of interest-based social Slack channels with focuses that range from parenthood to Peloton.