What it does: Block provides a digital payments platform (Cash App), point-of-sale hardware and software (Square), a free business debit card (Square Debit Card), music streaming service (TIDAL), buy-now-pay-later technology (Afterpay), and access to blockchain technologies
Mission: Economic empowerment
Size and presence: It boasts more than 8,521 employees worldwide as of 31 December 2021
Best known for A leading fin-tech company. In 2022, it ranked no. 24 in Fortune Best Workplaces in Financial Services & Insurance and no. 29 in Best Workplaces for Millennials
The good bits: Great flexibility for working remotely
The not-so-good bits: Competitors are catching up in a lot of basic areas that this company used to dominate
To fulfil their dream of creating an easy-to-use technology that combines merchant services and mobile payments, entrepreneurs Jim McKelvey and Jack Dorsey created Square, Inc. in 2009.
Less than a decade later, millions of small businesses use Square to accept credit card payments, obtain financing, and track sales and inventory. Square has offices in the US, Canada, Australia, Ireland, the UK, Spain, and Japan.
In December 2021, Square Inc. changed its name to Block Inc. to account for its exponential growth. Block's product line includes Square (for sellers to process payments via smartphone), Cash App (allows users to store, send, and receive money for free through a mobile application), TIDAL (a subscription-based streaming service), Spiral (open-source Bitcoin projects), TBD (access to Bitcoin and other blockchain technologies).
On 31 January 2022, Block announced that it had completed its acquisition of Afterpay Ltd., an Australian financial technology company providing a "buy now, pay later" platform. This enables Block to offer "buy now, pay later" services to sellers who use its Square payments ecosystem.
Block is a company that consists of many teams with the same purpose of economic empowerment. Their foundational teams (such as Finance, Counsel, People, Hardware, Platform Infrastructure Engineering, Information Security, and more) provide guidance and support at the corporate level while working collaboratively with other teams across the company.
They also work around the globe and across business groups, spanning disciplines and time zones to develop safeguard systems, inclusive People policies, forecast finances, nurture new initiatives, give legal counsel, and more.
On the other hand, Cash App, Square, TBD, TIDAL, and Spiral teams develop products and services for their audiences (buyers, sellers, developers, artists, listeners, and Bitcoiners). It is a collaborative work environment with flexible work arrangements.
In addition, the company is also working to build a thriving, inclusive, and healthy workplace. In 2020, its employees were 41% women and 21% underrepresented minorities, which grew in relative percentage year over year.
To join the Block team, you need to apply through their site and select the job based on location, roles, business, and type of work. Once you select a role, you will see the job description, your tasks, requirements, and benefits. When you click to apply, you will be directed to an online form to fill in your personal information, education, experience, and why you want to apply for the role and upload your resume.
If you are shortlisted, they will contact you to set up an interview. They encourage applicants to share needed accommodations (if any) to ensure a fair and inclusive interview experience for everyone. They always assess candidates on an individualised basis.
The company gives lots of opportunities for growth. However, changes in terms of re-organisation, people movements, and industry opportunities might affect it in the long term.
Block’s global benefits package includes:
The company maintains its focus on four key priority areas: Social Impact, Climate Action, Employees and Culture, and Corporate Governance. Some of the highlights of these commitments are:
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