Following Nexon, Netmarble Also Raises Employee Salaries by 8 Million Won

Bang Jun-hyuk, Chairman of Netmarble and Coway

[Asia Economy Reporter Buaeri] Netmarble announced that it will raise the annual salary of all employees by 8 million KRW.

Netmarble made this announcement through an internal notice on the afternoon of the 10th, ahead of the Lunar New Year holiday.

For new recruits, the starting salary is 50 million KRW for development positions and 45 million KRW for non-development positions. The salary increase will be applied from March.

Netmarble, which is relocating to a new headquarters, will additionally provide monthly points worth 100,000 KRW (a total of 1.2 million points annually) on top of the existing meal allowance of 100,000 KRW starting next month. For dinner, the support amount was also raised from 7,000 KRW to 10,000 KRW.

A Netmarble official said, "This is a reward for all employees' contributions to the company's growth despite the global pandemic situation and also aims to secure outstanding talent."

Netmarble's announcement of this salary increase is closely related to the talent acquisition war in the gaming industry. Prior to Netmarble, Nexon raised the starting salary for new employees by 8 million KRW each on March 1st, setting it at 50 million KRW for development positions and 45 million KRW for non-development positions.

Meanwhile, Netmarble announced that last year it recorded sales of 2.4848 trillion KRW and an operating profit of 272 billion KRW. These figures represent increases of 14% and 34.2%, respectively, compared to the previous year. The sales are the highest ever, and the operating profit is the highest since 2017.

This content was produced with the assistance of AI translation services.