Remember that one time we reported about Activision-Blizzard CEO Bobby Kotick earning US$40 million yearly and being under fire for it? Said fire is still continuing, if this recent Bloomberg report is of any indication.
Last Friday, employees at Blizzard Entertainment started sending a spreadsheet around to anonymously share salaries and recent pay increases. The anonymous document contains dozens of Blizzard salaries and pay raise increments, with the latter being below 10 percent. This is significantly less than Blizzard employees said they expected.
Here’s a better way to put things in perspective; while Activision Blizzard’s CEO’s 2019 compensation was worth US$40 million (with the package reportedly growing in 2020):
- Other workers are paid minimum wage and were struggling to make ends meet,
- A veteran Blizzard employee receiving a raise of less than US$0.50 an hour, meaning they’re making less now than they did a decade ago,
- An anonymous employee had to skip meals to pay rent and use the company’s free coffee as an appetite suppressant, while another would only eat oatmeal and bail on team lunches because they couldn’t afford company cafeteria food.
Here's the best part of the anonymous Blizzard salary spreadsheet pic.twitter.com/uqLzRPtIf3
— Jason Schreier (@jasonschreier) August 4, 2020
A spokesperson from Activision Blizzard rebutted that the company’s goal has always been to ensure they compensate their employees fairly and competitively.
“We are constantly reviewing compensation philosophies to better recognize the talent of our highest performers and keep us competitive in the industry, all with the aim of rewarding and investing more in top employees.”