https://www.gamespot.com/articles/nintendo-will-pay-its-workers-10-more/1100-6511268/

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Nintendo Will Pay Its Workers 10% More

The move is meant to invest in the workforce and address inflation.

By Grace Benfell on February 7, 2023 at 11:37AM PST

1 Comments


Nintendo plans to raise its employees' base pay by 10% this year in
the wake of inflation. Reuters reported that Nintendo plans to raise
salaries even as it reduced its profit expectation for the year.
Nintendo previously cut its operating profit forecast from a
projected 582 billion yen to 480 billion yen ($3.6 billion).

Nintendo also amended its projected software and hardware sales. It
projects that the Switch will sell 18 million units this year, as
opposed to the prior forecast of 19 million. Similarly, it dropped
the software sales forecast from 210 million units to 205 million.
Nintendo re-affirmed that it does not currently have plan to raise
prices for its consoles or games.

As inflation continues to hit the global market, Japan Prime Minister
Fumio Kishida urged companies to pay more to offset the rising cost
of living. Nintendo President Shuntaro Furukawa said, "It's important
for our long-term growth to secure our workforce." He declined to
comment when asked about a Switch successor. More details about the
company's upcoming games and plans for the year may be shown at the
upcoming Nintendo Direct, the first one of 2023.

In 2022, Nintendo of America faced criticism for its treatment of
contracted QA workers. Anonymous employees alleged that female
contractors suffered sexual harassment. Nintendo also settled a
lawsuit with one former contractor, who claimed she was fired for
asking about unionization.

Grace Benfell on Google+

The products discussed here were independently chosen by our editors.
GameSpot may get a share of the revenue if you buy anything featured
on our site.

Got a news tip or want to contact us directly? Email 
news@gamespot.com

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