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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%

#171

Post by chasd00 »

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…

> I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida.

That’s $22 per person. Would like to see what they ordered. Not saying I don’t believe it but that’s pretty high. My family of 4 can eat chilfila for that and chikfila is kind of pricey for fast food where Popeyes is pretty much trash.

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

#172

Post by boogieknite »

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 a puff piece. the raise was in April 2023

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

#173

Post by bluGill »

dagi3d wrote: post #111

I recently watched a video game journalist speaking about this(chicocartera from Eurogamer): apparently this raise happened in 2023. There was an official transcription from an investors meeting at that time where this was covered. It seems there are some subtleties in the translation which could lead to think it happened recently.

2023 was 3 years ago, so if raises were 3% under inflation they are due for another 10% increase again.

I would expect raises were more like 1-2% under inflation and so they won't be due for a couple more years.

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

#174

Post by b40d-48b2-979e »

sjsdaiuasgdia wrote: post #170
b40d-48b2-979e wrote: post #137

Earlier quoted context omitted.

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.

Dining prices are up to an extraordinary amount compared to pre-COVID. Prices never went back down despite inflation being "reigned in". Being surprised at a $68 bill at Popeyes just expresses you don't have a family to provide for, which is probably the default position of most of the posters on this forum.

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

#175

Post by throwaway27448 »

chasd00 wrote: post #171
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…

> I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. That’s $22 per person. Would like to see what they ordered. Not saying I don’t believe it but that’s pretty high. My family of 4 can eat chilfila for that and chikfila is kind of pricey for fast food where Popeyes is pretty much trash.

I don't think chick-fil-a is any less trash than Popeyes, personally, and the fried chicken itself is lower quality—too sweet and moist. The fries are dry and unseasoned. The biggest selling point is the lemonade.

Granted, I don't eat at either because better value fried chicken than both is not terribly difficult to find.

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

#176

Post by jallmann »

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.

I thought the same, too. Generally some small amount of inflation is preferable to encourage spending, rather than deflation which discourages it.

If you know a $100 item will probably cost $102 later then you're more likely to buy it now. But if that item will cost $98 in a deflationary environment, then maybe you'll wait to buy it later. Wages also tend to fall in deflation, which makes it harder to pay back debt, so lending slows down - people won't buy houses or cars, etc. Businesses hold back on capital spending. The economy slows to a standstill: if no one is spending money, how can anyone make money?

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

#177

Post by sjsdaiuasgdia »

b40d-48b2-979e wrote: post #174
sjsdaiuasgdia wrote: post #170

Earlier quoted context omitted.

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

Dining prices are up to an extraordinary amount compared to pre-COVID. Prices never went back down despite inflation being "reigned in". Being surprised at a $68 bill at Popeyes just expresses you don't have a family to provide for, which is probably the default position of most of the posters on this forum.

I eat a lot of fast food, including Popeye's. I buy for myself sometimes, other times I'm buying for groups of various sizes.

It has gotten more expensive. But if you're spending $68 for 3 people at Popeye's, someone in that group is eating at levels that will eventually win them a spot on "My 600lb Life".

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

#178

Post by doctoboggan »

woodruffw wrote: post #162
doctoboggan wrote: post #133

Earlier quoted context omitted.

> 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.

Ordering a main, a side, and a drink isn't really "working to reach it". Your original post was insinuating that the OP or their friend lied about the cost and I was just demonstrating that it's quite plausible to reach it.

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

#179

Post by indoordin0saur »

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.

I'm not an economist, so maybe someone more knowledgeable can weigh in. But my understanding is that deflation is worse. If you can just stick $10k under your mattress and expect it to be worth 10% more in a year you have no incentive to invest. Businesses will just hold their cash, banks won't have money to loan out and the sort of investments that provide new jobs, goods and services are a risky high-effort bet compared to just saving.

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

#180

Post by rjh29 »

chrischen wrote: post #73
rjh29 wrote: post #66

Earlier quoted context omitted.

Historically, no. Prices were basically flat for a long time until covid.

They've also been making things smaller. Some would argue that it's a cultural thing, but being poor also means you have to start adopting austere cultural habits as a coping mechanism.

There's shrinkflation for sure. Take Torikizoku for example. One plate = 280yen from 1985 until 2017. Now it's risen to 337yen while also reducing in size by 30%.
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