Following the flop of Cyberpunk 2077, CD Projekt board members are set to receive huge bonuses ranging from $4 to $6 million. Meanwhile, some employees say they got lower bonuses than expected because the board wouldn’t delay the game.
Company Bonus Breakdown
Several staff members informed Bloomberg they’ll get revenue incentives ranging from $5,000 to $9,000, while others who are more senior stated they’ll get closer to $15,000 or $20,000. Bonuses for managers and executives are likely to be much higher.
As per the company, revenue incentives account for 20% of CD Projekt’s yearly income. With 10% going to employees and 10% to the management board.
“We earned this money and the company earned this money, of course, but more net profits, more bonuses,” he said. “So well, we have results, we get bonuses, and that’s the contract we have.”
- A CDPR spokesman told me that they’d allocated $29.8 million for bonuses to 865 employees.
- CDPR allocated $28 million for bonuses to 5 board members.
- According to the company’s yearly report, Iwiski and co-CEO Adam Kiciski are set to collect bonuses totaling 24 million zloty ($6.3 million).
- Member of the board and director of Cyberpunk 2077, Adam Badowski, will receive $4.2 million.
- These incentives, which are a portion of an annual revenue policy, are derived from the company’s net revenue in 2020, which are expected to increase by more than 500%
Bonus discrepancies for both board members and staff are a longstanding problem in the corporate world. COVID-19 pandemic led to millions of people losing their employment, which has made it even more significant.
CD Projekt Red Future Changes
This year, the CEOs of CD Projekt took an economic windfall. Four members of the board own approximately 33% of the company’s shares. This has fallen 57 percent since the debut of Cyberpunk 2077. They will, however, collect more bonuses in a year than many employees will earn in their entire working lives.
Fortunately, CD Projekt does seem to be adjusting its policies in an effort to keep employees from leaving—an issue raised by Kiciski.
News Credit: Jason Schreier of Bloomberg
