The employees of Blizzard Entertainment have reportedly shared their salaries and pay increases in a spreadsheet. This document allows the Blizzard employees to add their salary level and the recent change in pay.
Amid growing unrest over wage disparity, this seems to be an attempt to communicate their growing dissatisfaction with the company. In 2019, Blizzard had conducted an internal survey that revealed that most of the Blizzard employees were unhappy about their salary.
Blizzard plans to ensure fairer wages but fails as employees convey their dissatisfaction
Last month, Blizzard planned to ensure fairer wages but it seems that employees are not happy with the recent changes in their pay. As per the document, the Blizzard employees have received an average amount of pay raise which is lesser than 10 percent, a figure which is much lower than what the employees were expecting.
Activision Blizzard’s Jessica Taylor said in her statement that they are constantly reviewing compensation policies to enable recognize the highest performers that help keep them competitive in the industry. She said that they always aim to reward and invest more in top employees.
Bloomberg publishes report on Blizzard’s salary structure and the recent change in pay
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Bloomberg has published a report comprising of details from numerous sources that include the pay document, Slack messages, and other internal communications. As per the report, the employees mentioned that they were struggling to make ends meet, despite the company continuing to grow.
One of the employees listed CEO Bobby Kotick’s annual salary, bonus, and stock award, that further displays the wage disparity between employees. Kotick’s 2019 annual compensation was valued at $40 million. Also, the report stated that Blizzard had conducted layoffs in February 2019, which increased the responsibilities on existing staff, without being compensated for it with additional pay.
In response, Blizzard stated that Kotick has been the CEO of the company for 30 years, during which time, its share value has increased from $10 million to more than $50 billion.
Michael Warner from CtW says, the system followed for Kotick’s compensation is unfair
Micheal Varner from CtW, the organization that is leading the call for change has said that Kotick’s annual compensation is so designed that he received five annual bonuses for meeting specific criteria only once in those five years. He said that this system is not sustainable and does not seems fair.