Key takeaways
Binance's unique work culture is built on the passion and motivation that drives its employees.
It is not the attractive privileges or the comfortable offices that attract the best talents, but our values.
Flexible hours, remote work, and the absence of corporate jargon are some of the features that distinguish Binance's professional culture.
Games rooms, all-you-can-eat buffets, massage chairs… none of this is yet a reality.
Sure, these perks were fun for a while, but more and more press articles quickly proved that they did not help achieve the desired goals. No matter how many attractive perks there are: without a meaningful mission and an interesting way of working, a company's beautiful offices quickly lose their appeal.
Binance has never put the comfort of its offices first to attract and retain the brightest candidates. Make no mistake: we offer many of these benefits, but they are never the main reason for employee loyalty, because it is our mission and the growth opportunities our employees enjoy that convince them to stay with us. Binance follows a different work methodology: we constantly remind ourselves that we need to find the right people, whose culture fits ours, and that the majority of workers might not fit in with us.
Rather than offering extravagant perks, we want our employees to be deeply motivated to contribute to the Binance story. If a potential new employee isn’t sold on our goal of bringing financial freedom to billions of people around the world, they likely won’t thrive at Binance, and a full-size movie theater in the office won’t help.
The question then is: what is Binance's working methodology?
Notre organisation emploie des milliers de personnes aux quatre coins de la planète et a adopté plusieurs principes clés qui nous aident à rester efficaces et à ne jamais oublier notre mission.
Intrinsic motivation and fit with our mission
When hiring new employees at Binance, we prioritize candidates who share our mission and passion. As the world’s leading crypto exchange with a core purpose of improving financial freedom around the world, we have the power to change billions of lives, and our employees are fully committed to this mission from day one.
With nearly 1.4 billion people globally unbanked, Binance’s mission has never been more critical. Championing transparency and traceability in money transfers, enabling smoother and more efficient transfers between countries, and more, we are the world’s leading enabler of financial freedom. Every Binance employee’s actions are expected to contribute to this mission, and candidates who understand the importance of our work are more likely to excel with us. While financial benefits are great, we’ve found that people who align with our vision from the start tend to be the best performers and stay the longest. Binance doesn’t offer flashy or unreasonable perks, as we’re looking for individuals who are a true fit with our core mission and who will fit into our dynamic environment. Intrinsic motivation is essential to thrive in our high-energy environment.
Our employees’ opinions on teleworking possibilities
The pandemic forced most companies to implement remote work, but as things return to normal, many are encouraging employees to return to the office. Binance has always been an advocate of fully remote work, and encourages employees to take full advantage of the freedom it offers. We allow our employees to work from home in complete comfort and choose their own working hours* to give them time to enjoy their families. This has been the norm since Binance’s early days, and it is greatly appreciated by our employees who have great flexibility, can save time and money on their commute, and are able to plan their days in a way that works best for them.
Binance's take on remote working options
Remote work is undoubtedly the preferred choice for our employees, but Binance also benefits from it: time wasted due to travel is reduced to zero, which reduces fatigue and increases employee productivity. As a results-driven and user-centric organization, any opportunity to save our employees time and track results as closely as possible is extremely valuable to us. In addition to providing more time and flexibility for our employees, our remote work environment helps us more effectively identify which teams are performing well and which ones need additional support.
Autonomy and flexibility
Binance is a 24/7 global organization with thousands of employees across the globe. The best way to help these employees thrive in such an environment is to provide them with maximum flexibility. Most employees are able to set their own working hours*, meaning teams in different time zones can log in whenever they need to. They are also allowed to take breaks in the middle of the day to recharge, pick up their kids from school, or visit their parents. Treating our employees as responsible, highly motivated adults who are able to manage their time is of great benefit to Binance.
*Most employees can choose their own hours, except for those working specific hours.
No PowerPoint for maximum efficiency
Efficiency and results are top priorities at Binance, which is why employees don’t waste time on tasks like fancy presentations. Meetings should be short (15-30 minutes maximum) and important information should be bulleted. With these guidelines, we are able to save time, eliminate complex communications, and get rid of the unnecessary meetings that plague most companies. At Binance, substance over form is key: there is no hiding behind pompous business terms or flashy presentations. The only way to succeed is to deliver top-quality performance.
Evolution and upskilling: mandatory steps at Binance
At Binance, if you’re not evolving, you’re falling behind. In such a dynamic organization, in an industry where standards, policies, and technologies change every hour, staying constantly on the lookout for new things and growing your skills is essential: that’s why we constantly encourage our employees to learn new things and integrate them into their work.
These are just a few of the ways Binance continues to focus on its users while ensuring that we develop and retain the brightest people in the world. Top performers and those with a vision that aligns with ours always end up staying with us for years to come, and as we explained above, alignment with our mission is evident in all of our best and brightest employees. This intrinsic motivation allows us to continue building products that benefit our users and helps us make the world a better place by improving financial freedom.
