Sega is digging deep into its wallet and promising big raises to employees. The Japanese company’s decision is dictated by the inflation affecting the country. This solution is proving very popular with video game companies in the Land of the Rising Sun.
Inflation is currently being fought by most countries in the world. It also affects various industries. The gaming market is no exception., as a result of which the developers are thinking about the optimal way out of the crisis. Japanese companies offer an interesting path. Sega is another company from the Land of the Rising Sun that is fighting inflation by raising the salaries of its employees.
open wallet
The changes will come into effect at the beginning of July 2023 and will result in a 30% average salary increase. Employees with higher education will benefit more. They can expect an increase in profits of around 35%. In addition, Sega announces that it will continue measures aimed primarily at increasing safety and comfort at work. The company will also develop training programs so that the staff is as qualified as possible.
Sega motivates its actions with the desire to take care of employees and strengthen its position in the market during the crisisassociated with runaway inflation around the world.
A (not) unique way to fight inflation
It should be remembered that this very positive decision, at least from the point of view of employees, is not unique to Japan in recent times. Many game companies in the country are using this method to fight against the global financial crisis.
Examples include Capcom, which increased salaries by 30% on April 1, 2022 (although here it was mainly the result of strong results). A similar decision was made by Koei Tecmo, which introduced a salary increase of around 23%. In turn, Bandai Namco increased the salaries of its employees by 50,000 yen. Higher salaries have also recently become a reality for Nintendo employees. The Kyoto-based company, faced with soaring prices, decided to raise wages by 10%.
Interestingly, these measures are also encouraged by the Japanese government, in the name of fighting inflation and wage stagnation.
The biggest winner of the changes.
Time will tell if the Japanese tactic of financial favors for its workers will succeed in fighting inflation. Although we cannot determine at this time, it is certain that the biggest winners of the changes are the employees.
- Sega – official site
- Capcom – official site
- Koei Tecmo – official website
- Bandai Namco – official site
- Nintendo – official website