Employee Benefits
Ongoing coverage on Employee Benefits.
Latest coverage
Business and Finance
Krafton, the publisher of Subnautica 2, implemented a generous baby bonus program for its employees, which has reportedly yielded positive results. This initiative highlights the company's investment in employee well-being.
Subnautica 2 Publisher Krafton Offered Employees Massive Baby Bonuses, And It Paid Off
Krafton, the publisher of Subnautica 2 and PUBG, has seen a significant increase in employee childbirths after implementing a generous bonus program offering up to 100 Million Won (approximately $67,000) per child. The initiative, which also includes extended parental leave, aims to combat South Korea's low birth rate and foster a better work-life balance. This program comes as Subnautica 2 experiences a successful early access launch on PC and Xbox Series X|S.
Microsoft reportedly offers voluntary retirement program for 7% of US workforce
Microsoft is reportedly offering a voluntary retirement program to up to 7% of its US workforce, targeting employees at senior level or below with a combined age and service total of at least 70. This initiative follows recent layoffs and restructuring within its gaming division, including studio closures and project cancellations. The company is also adjusting its stock reward structure to provide managers with more flexibility.
Enjoying Valve's famous paid "vacation in Hawaii," engineer jokes he's "in a dark room like a vampire" on Github anyway – a fitting use of Steam bucks
Valve engineer Fletcher Dunn confirmed he is enjoying the company's paid Hawaii vacation while working on his laptop, sparking discussions about Valve's unique company culture. The article contrasts Valve's employee perks with recent layoffs at Epic Games and examines the intense fan investment in Valve due to Steam's dominance in PC gaming.
Epic Games CEO Tim Sweeney apologises and seemingly rectifies life insurance situation of laid off worker with terminal brain cancer
Epic Games CEO Tim Sweeney has apologized and is working to resolve the life insurance situation for a recently laid-off employee with terminal brain cancer. The programmer, Mike Prinke, was among over 1,000 workers cut by the Fortnite developer. Sweeney stated that medical information was not a factor in the layoff decisions and that the company is now ensuring Prinke's family has their insurance needs met.
Fortnite boss to 'solve' life insurance after laying off terminally ill employee
Epic Games CEO Tim Sweeney has pledged to resolve the life insurance issues for a terminally ill employee, Mike Prinke, who was laid off as part of recent company-wide cuts. The layoff sparked public concern after Prinke's wife highlighted the loss of his insurance due to his pre-existing condition. Sweeney stated the company is in contact with the family to provide a solution.
Epic's mass layoffs left a programmer with terminal brain cancer without life insurance, but Tim Sweeney says the company will "solve" the problem
Epic Games CEO Tim Sweeney stated the company will resolve an insurance issue for programmer Mike Prinke, who was laid off while battling terminal brain cancer and subsequently lost his life insurance. Prinke's wife, Jenni Griffin, highlighted the family's struggle to find new coverage due to his pre-existing condition. Sweeney apologized for the oversight and confirmed Epic is in contact with the family to provide a solution.
Epic Games Boss Tim Sweeney Responds After Fortnite Layoffs Revealed to Include Employee With Terminal Cancer Who Will Lose Life Insurance
Epic Games has stated it will address the insurance situation for a former Fortnite employee diagnosed with terminal cancer who was part of recent layoffs. The company faced significant backlash after the employee's situation became public, prompting a response regarding their benefits.
Epic Games "will solve the insurance" for a terminally ill employee impacted by mass layoffs, Tim Sweeney says: "Sorry to everyone for not recognizing this terribly painful situation"
Epic Games CEO Tim Sweeney has apologized for a situation where a terminally ill employee, Michael Prinke, lost his life insurance due to recent mass layoffs. Sweeney promised that Epic Games will resolve the insurance issue for Prinke and his family. The company is in contact with the family to address the situation, which was not a factor in the layoff decisions due to medical confidentiality.
Epic Games CEO says company will ‘solve’ insurance for terminally ill former employee
Epic Games CEO Tim Sweeney has apologized and stated the company will resolve the insurance issue for a former employee who lost life insurance coverage following recent layoffs. The employee's wife had publicly shared that her husband, who is terminally ill with brain cancer, would be unable to obtain new coverage due to his pre-existing condition. The layoffs affected over 1,000 employees, with Sweeney citing a decline in Fortnite engagement as the reason.
Epic Games Will Solve Insurance Issues for Family of a Recently Laid-Off Terminally Ill Employee
Epic Games CEO Tim Sweeney announced the company will resolve insurance issues for a terminally ill employee who was laid off, amidst criticism. Sweeney stated that medical information was not a factor in the layoff decision, which was attributed to a downturn in Fortnite engagement and overall industry challenges. The company is providing severance packages, extended healthcare coverage, and accelerated stock options to affected employees.
Epic to 'Solve' Life Insurance After Terminally Ill Employee Was Laid Off
Epic Games is addressing an issue where a terminally ill employee, Mike Prinke, was laid off and lost his life insurance coverage. CEO Tim Sweeney stated that the company will ensure the family receives the necessary insurance support, emphasizing that his medical condition was not a factor in the layoff decision.
Industry legend Shinji Mikami has a new(ish) studio with staff benefits like 'a chocolate fountain on…
Industry veteran Shinji Mikami has established a new development studio named Unbound, which has recently gained attention for its employee benefits, including a chocolate fountain and free alcohol. Mikami, who left Tango Gameworks in 2023, also formed Kamuy in 2024, though its relationship to Unbound is unclear. The studio aims to create original titles with a focus on realistic visuals and user enjoyment.