NCSoft Announces Salary Increase Plan Today... Expected to Exceed 10 Million KRW

[Asia Economy Reporter Kang Nahum] NCSoft announced on the 11th that it will notify its employees of a salary increase plan. The raise is expected to exceed 10 million KRW.

According to the gaming industry, NCSoft has internally decided on a blanket salary increase policy and plans to inform its employees within the day.

NCSoft usually sets new salaries between March and April each year and applies them starting in April, but it is reported that this year the decision was made earlier due to the recent trend of salary increases in the gaming industry.

Recently, a relay of salary increases has been ongoing within the gaming industry. Early last month, Nexon and Netmarble both announced an 8 million KRW salary increase for all employees, sparking a competition for raises. Following them, Com2uS and Gamevil decided to uniformly increase current employees' salaries by 8 million KRW each.

Afterwards, JoyCity proposed a higher raise of 10 million KRW, and eventually, Krafton, the developer of the game "Battleground," announced a groundbreaking plan to increase salaries by 20 million KRW for development positions and 15 million KRW for non-development positions.

Naturally, attention has focused on how much NCSoft, the industry leader, will raise salaries. Especially since NCSoft recorded its highest-ever performance last year with sales of 2.4162 trillion KRW and operating profit of 824.8 billion KRW, employee expectations for salary increases are high.

With competitors Nexon and Netmarble raising salaries by 8 million KRW, there is speculation within NCSoft that the company will increase salaries by around 10 million KRW, exceeding those amounts.

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