Bandai Namco gives all employees $5,000 a year raise

Bandai Namco gives its employees a significant monthly and annual raise to help decrease turnover rates and increase retention.

@DeekeTweak
Published Tue, Mar 1 2022 3:33 PM CST   |   Updated Fri, Mar 25 2022 1:34 PM CDT

Bandai Namco is paying game developers an extra $5000+ a year as an incentive to stay with the company.

Bandai Namco gives all employees ,000 a year raise 32 | TweakTown.com
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With tons of game company buyouts and acquisitions, the two most valuable commodities in the games industry are now content and the developers responsible for the content. Buying a franchise like Destiny doesn't mean much without also buying Bungie to manage it. These acquisition sprees have led to high turnover rates as more developers leave and join other studios. Bandai Namco wants to preserve its developers, so that's why it's offering a big raise (similarly, Sony has also allocated over $1 billion as an incentive plan to retain Bungie employees).

Bandai Namco gives all employees $5,000 a year raise 55 | TweakTown.com

Bandai Namco confirms it will give all employees a $435 /month ($5,220 /year) raise to help retain current talent. The Japanese games-maker is paying extra for new graduate students, who will earn a $505/month ($6,000/year) bonus raise.

Bandai Namco gives all employees $5,000 a year raise 221 | TweakTown.com

The company has big plans to create multiple metaverses for its franchises and it will need as much manpower as it can muster. Bandai Namco is prepared to spend $129 million on its ambitious metaverse vision.

Bandai Namco gives all employees $5,000 a year raise 21 | TweakTown.com
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Derek joined the TweakTown team in 2015 and has since reviewed and played 1000s of hours of new games. Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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