Write what you are looking for and press enter to begin your search!

Logo
live-news-icon

Live News

VA-11 HALL-A Best Bartender Girl Is Immortalized In Nendoroid Form: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Shenmue Anime Cancelled: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Magic: The Gathering Now Features Optimus Prime & Transformers: In an intense match, the Lone Wolves came out victorious. Read all about the big night here
post-16 post-13

CD Projekt Red Bosses Receive Huge Bonuses Despite Cyberpunk 2077’s Problematic Launch

Cyberpunk 2077 has a disastrous launch, to say the least. However, the game still sold pretty well. Still, the executives at CD Projekt Red are slated to receive massive financial bonuses in millions of dollars while the developer’s staff (AKA the ones who actually made the game) are only getting smaller bonuses.

According to a report by Bloomberg’s Jason Schreier, the staff at CD Projekt Red were expecting to get a higher bonus. As of now, they told Bloomberg that they will receive bonuses of about US$5,000 to about US$9,000, while the senior employees will receive closer to US$15,000 or US$20,000.

In comparison, CD Projekt Red CEO Marcin Iwiński and co-CEO Adam Kiciński are each slated to receive a bonus of 24 million zloty, or US$6.3 million. Another board member, Adam Badowski, will take home US$4.2 million. From CD Projekt’s total annual earnings, 20 percent is allocated to profit-sharing bonuses, with 10 percent going to employees and 10 percent going to the board.

What this translates to is that the company had allocated a total of US$29.8 million to 865 employees, for an average of about US$34,000 each. Meanwhile, five of CD Projekt’s board members received bonuses amounting to a whopping US$28 million.

During an investors call last week, Kicinski justified the bonuses, saying:

“We earned this money and the company earned this money, of course, but more net profits, more bonuses.

So well, we have results, we get bonuses, and that’s the contract we have.”

Despite the stark difference in bonuses, one CD Projekt Red employee did tell Bloomberg that the company reevaluated salaries and increased wages this year in 2021 for some of the lowest-paid positions, such as testing, to align them with video game industry standards.

Well, one step forward is still better than nothing.

Related News

post-07
Warner Bros. Games Might Announce New Superhero Titles In An Upcoming DC Event

We may finally get a sneak peek at Warner Bros. Games' next big DC Comics title this August. WB Games recently announced it will be taking part in th...

post-07
Listen To Shantae's Iconic Theme From 2002 To The Present

On this quick SoundScape video, we check out various versions of Jake Kaufman's iconic Shantae theme and listen to how different they all sound. The ...

post-07
These Are The Xbox Original Games You Need This Week

While the Xbox One may be light on exclusive games, it is nonetheless doing its own thing: building a long-term platform where past, present, and futu...

Write a comment

Your email address will not be published.

Tournament Tool Kit

Kakuchopurei Community

Follow us on Twitter

Featured Video