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Nintendo has raised its employees base salary by 10%

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Re: Nintendo has raised its employees base salary by 10%

#161

Post by linuxftw »

t-3 wrote: post #104
snapcaster wrote: post #67

Earlier quoted context omitted.

I hate this crab in a bucket framing. It's so anti-working person. Why isn't it that wages are insanely deflated compared to the US?

People can achieve a high standard of living anywhere in the world on half or a quarter of what goes for normal in SV tech. The valuations of these companies are even more inflated than their wages, and most of them aren't even profitable and don't have good prospects. Bubbles benefit some people, but they're a sign of dysfunction and I don't believe that the proper reaction to a sign of deep societal dysfunction is…

Depends on what you qualify as 'standard of living.' There's no amount of money I would accept to live in many parts of the world. To have the same size property and home I have today in France or Germany would be likely 10's of millions of Euros. My property is worth well less than $1M.

Re: Nintendo has raised its employees base salary by 10%

#162

Post by woodruffw »

doctoboggan wrote: post #133
woodruffw wrote: post #76

Earlier quoted context omitted.

Yes, but that meal is for 6-8 people. I don't think you can get to $68 for half as many people, even with drinks and tax. I just tried it with the "8pc meal" and 3 fountain drinks for the same location, and it came to $39.36, including tax. (If you want to try for yourself, I picked the Popeye's at 45 N Orange Blossom in Orlando, FL.)

> I don't think you can get to $68 for half as many people, even with drinks and tax. A 5pc chicken tenders, Mac and cheese, and a large drink is $25 before tax. If there are three people who get a similar meal (but not exact so they don't share the family meals) then the total is $75 before tax. Seems like the original price quote of $68 is certainly plausible for a group of three. I am sure its possible to feed thr…

Sure, it’s not impossible to reach. But I think you’ve demonstrated that you need to work to reach it. Particularly in a family context; I don’t eat at Popeye’s but even I know that the whole point of the family menu is that it’s meant to be economical for family meals.

Re: Nintendo has raised its employees base salary by 10%

#164

Post by CuriouslyC »

10xDev wrote: post #156
CuriouslyC wrote: post #140

All the other major game studios are dying and Nintendo is taking care of their employees. Just goes to show that focusing on making great games, being protective of golden goose IP, and making unique hardware rather than just trying to push prettier pixels is a winning strategy.

This is putting Nintendo on a pedestal. Major Japanese studios in general are consistently publishing great games and increasing hiring count / raising salaries. Switch 2 is also essentially just a spec bump from switch 1 which came out in 2017. https://www.gamedeveloper.com/business/atlus-to-increase-sal... https://www.videogameschronicle.com/news/sega-is-raising-jap... https://gameworldobserver.com/2024/03/06/capco…

I don't think it's unfair to say that Nintendo has some of the highest quality games on average, and probably the biggest cache of top tier IP of any studio on earth. The only studio that rivaled them was Blizzard IMO, and that got corrupted and has fallen to capitalism.

Re: Nintendo has raised its employees base salary by 10%

#165

Post by autoexec »

Sateeshm wrote: post #131
epsteingpt wrote: post #25

I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…

As a kid, I always wondered why prices HAVE to keep going up. Seemed like a vicious cycle.

In the end it's really just greed. Companies always want to charge as much as they can get away with. They are constantly testing price increases to see how high they can get their prices before they start losing enough customers that it hurts their profits.

Older customers who have an idea in their mind of how much something is worth based on how much they've previously paid may eventually feel cheated and stop buying, but there's always a new generation of customers who never knew any better. There are things they can do to offset the backlash like they might offer a sale at the same time as they increase prices to give customers time to get used to the new sticker price. They keep the price the same and try to hide the fact that they're giving customers less product.

it's pretty shortsighted though because it makes our money increasingly worthless and eventually we'll end up like Zimbabwe and a loaf of bread will cost us $100.

Re: Nintendo has raised its employees base salary by 10%

#166

Post by numpad0 »

isakmarr wrote: post #65
epsteingpt wrote: post #25

I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…

> In Japan, there's a big issue when a snack raises its price 2 cents That can't be true. So inflation just doesn't exist in Japan?

For like past 30 years yes. The inflation during that time were covered by shrinkflation and value adds through feature adds. I think some argue it has to do with lack of popularity of credit cards and electronic payments, which nudge prices to gravitate towards nearest coin denominations which in turn suppress inflation. Which is probably true, considering if a bottle of soda went from a dollar and a dime to a dollar and two dimes, or the umaibo went from one dime to a dime and three cents totaling as four distinct coins, those will be very tangible to consumers.

Re: Nintendo has raised its employees base salary by 10%

#167

Post by sublinear »

gruez wrote: post #110
genxy wrote: post #87

Earlier quoted context omitted.

US tech wages are what everyone should be making. Tech looks high compared to everyone else, but it is more that everyone else's wages got suppressed.

>Tech looks high compared to everyone else, but it is more that everyone else's wages got suppressed. Where do you draw the line? Maybe everyone should be earning $10M/year like AI researchers, and anything to the contrary means it's "suppressed"?

I'm pretty sure they meant ~100k-200k in a housing market away from the coasts... oh wait that's already true!

Re: Nintendo has raised its employees base salary by 10%

#169

Post by bluGill »

noirscape wrote: post #92
snapcaster wrote: post #67

Earlier quoted context omitted.

I hate this crab in a bucket framing. It's so anti-working person. Why isn't it that wages are insanely deflated compared to the US?

Because the conversation is incomplete if we're talking internationally. The cost of living in the US is much higher compared to most other first world/rich countries for one. Count up someone's basic living expenses in the US and those in another country (so taxes, rent and fixed costs) and the US often ends up much higher in terms of absolute values. In other countries, taxes usually soak up more of those fixed cos…

One other point: tastes expand to fit your income. You learn how much many you get every month and then how to spend that much.

My local Mercedes dealer will lease me a car for $4000/month (+ insurance) - somebody must have enough money to make that payment. If that is too much maybe the 18 year old Honda Civic with 300k miles for $1000 (cash price) is more your style? Probably you fit in between those. (note that we are talking about the US so we can assume there is no useful transit)

Re: Nintendo has raised its employees base salary by 10%

#170

Post by sjsdaiuasgdia »

b40d-48b2-979e wrote: post #137
sjsdaiuasgdia wrote: post #118

Earlier quoted context omitted.

[flagged]

Sounds like you don't pay for a family of people. I went out to dinner last night at a low/mid tier restaurant and it was over $100.

Did you spend $68 to feed 3 at Popeye's? If not, your comment is pretty irrelevant to this thread.
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