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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%

#251

Post by NikolaNovak »

toomuchtodo wrote: post #38
NikolaNovak wrote: post #26

Earlier quoted context omitted.

Not in all / not anymore. I'm in Canada a 300k IT/consulting company and rated top performer several years in a row. No raises last couple of years, before that it was 0.49 and 1% respectively. This year there was zero salary increase for anybody in our branch.

Any year you're not getting a raise and there is inflation, you're taking a pay cut. You may know this, sharing as a PSA for those who might not.

Absolutely. I've done the inflation calculator and I'm painfully aware of my lower effective compensation / purchasing power.

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

#252

Post by bamboozled »

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…

Wrong.

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

#253

Post by fhn »

vel0city wrote: post #192
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…

> A 5pc chicken tenders, Mac and cheese, and a large drink is $25 before tax. What region? Putting that same order together for a location near me is $16.23 after tax. Putting in the address above (45 N Orange Blossom in Orlando, FL.), the total was $17.35 after tax.

18.99 for me but with 2 mac and cheese

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

#254

Post by bamboozled »

keiferski wrote: post #99
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 watch one of those “apartments for rent in Japan” channels and I’m consistently shocked how inexpensive apartments are in lower tier cities / not Tokyo. Like a studio in an inconvenient part of Fukuoka for $200-250 a month. I guess the salaries are lower, but it’s hard to imagine such cheap rent in the equivalent American city.

Tokyo is massive, you can literally be living rural and still be in Tokyo. Could be an hour or more commute till you get into the metro area.

Not all of Tokyo is nice either. They also probably won’t rent to “outsiders” without giving any explanation so…

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

#255

Post by ryan_n »

smoovb wrote: post #215

The CEO then went on to explain, “We raised base salaries in Japan by 10 percent in April 2023,” adding, “Since then, we have continued to review our compensation system to ensure that remuneration aligns with employees’ demonstrated capabilities, and in April 2026 we implemented further salary increases, including for starting pay.” If their last raise was 3-4 years ago, this is a simple inflation adjustment, amazin…

Still way better than what many companies do in the US regarding inflation adjustment...

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

#256

Post by derf_ »

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.

A steady amount of inflation allows interest rates to be near zero or even negative in real terms without actually being negative in nominal terms. Negative (real) interest rates are sometimes a necessary policy tool (see: 2008...2021), but negative nominal rates are difficult to implement in practice in our current regime of privately-controlled money creation via bank lending.

There are other monetary schemes that allow for negative nominal rates (100% reserve-backed lending, a.k.a. The Chicago Plan, or the gold or silver standard, etc.), and in those one does not need steady inflation. There was basically no inflation for most of the 19th century, when most currencies were backed by gold or silver. That had other drawbacks: for example, a relative inability to control the money supply. An expanding money supply following the California gold rush helped fuel speculation during the railroad boom, and the inability to expand the money supply on demand exacerbated the ensuing panic of 1873. Governments at the time did not believe it was their job to dampen the impacts of the business cycle, however.

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

#257

Post by fhn »

Tade0 wrote: post #117
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…

For the longest time their strategy was to: 1. Issue bonds at near zero or even negative yield. 2. Buy US bonds. The country is still one of the largest foreign US debt holders at $1.191T, and interest from this debt pays for a significant fraction of the interest on their own debt.

I don't understand. Why would anyone buy their bonds when the US bonds yield more?

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

#258

Post by mghackerlady »

kipchak wrote: post #182
mghackerlady wrote: post #142

Earlier quoted context omitted.

I think they killed it because they were planning on showing off their own remake I think there are 3 rules to avoid getting the ninjas sent after you: 1) Don't try and make money 2) Don't do anything nintendo would realistically do 3) Don't touch mario. This one seems to be the most important. I see mario projects get killed all the time very early on in development, while am2r was allowed to exist until nintendo ex…

I agree, though 2 seems pretty tricky to navigate/predict. For example I wouldn't have guessed Advanced Wars would get a new release after Days of Ruin, or with Earthbound I could maybe see Mother 3 finally getting a US release with how popular Undertale/Deltarune has been. Maybe the best option is to be as under the radar as possible until it's done and out.

I can almost guarantee mother 3 will never get an official translation. At most, I can see them giving the existing fan translation their official endorsement and releasing the patched version on switch online or something. The only reason earthbound beginnings got published eventually was because they had already translated it and planned to release it in the west but never ended up doing so

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

#259

Post by usefulcat »

autoexec wrote: post #165
Sateeshm wrote: post #131

Earlier quoted context omitted.

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 buyi…

> Companies always want to charge as much as they can get away with.

In any market where competition exists, companies compete against other companies for customers. Any company that doesn't (for whatever reason) maximize it's net income is likely to cease to exist at some point, or at the least is unlikely to grow. As a result, not being 'greedy' is usually not a viable strategy.

Describing simple self interest as 'greed' is inherently loaded and reductionist. Look at the natural world; pretty much all living organisms exhibit self-interested behaviors (at least at the group or species level, if not the individual level). Are all of those 'greedy' too? You could say yes and not be wrong, but in doing so you would dilute the meaning of the word 'greed'.

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

#260

Post by fhn »

mempko wrote: post #134
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…

People forget that prices don't rise automatically. Businesses decide to raise prices. There isn't some magical force called inflation cuasing prices to go up. It's human decision-making all the way down.

Have you ever run a business?
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