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  2. PC Gaming
  3. Valve makes almost $50 million per employee, raking in more cash per person than Google, Amazon, or Microsoft — gaming giant's 350 employees on track to generate $17 billion this year

Valve makes almost $50 million per employee, raking in more cash per person than Google, Amazon, or Microsoft — gaming giant's 350 employees on track to generate $17 billion this year

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  • alessandro@lemmy.caA This user is from outside of this forum
    alessandro@lemmy.caA This user is from outside of this forum
    alessandro@lemmy.ca
    wrote on last edited by
    #1
    This post did not contain any content.
    F TheTechnician27T G T P 10 Replies Last reply
    450
    • alessandro@lemmy.caA alessandro@lemmy.ca
      This post did not contain any content.
      F This user is from outside of this forum
      F This user is from outside of this forum
      falsewhite@lemmy.world
      wrote on last edited by falsewhite@lemmy.world
      #2

      I wonder if they’re also getting paid more or does greedy Gabe just take it all to fund his mega yachts.

      M C D F ? 6 Replies Last reply
      56
      • F falsewhite@lemmy.world

        I wonder if they’re also getting paid more or does greedy Gabe just take it all to fund his mega yachts.

        M This user is from outside of this forum
        M This user is from outside of this forum
        mbech@feddit.dk
        wrote on last edited by
        #3

        Would make him the first billionaire in history to pay his workers their worth, so… Not a fucking chance.

        S 1 Reply Last reply
        33
        • alessandro@lemmy.caA alessandro@lemmy.ca
          This post did not contain any content.
          TheTechnician27T This user is from outside of this forum
          TheTechnician27T This user is from outside of this forum
          TheTechnician27
          wrote on last edited by
          #4

          That tends to happen when you have a monopoly on an industry where you get 30% of the revenue from other people’s hard work.

          E B appoxo@lemmy.dbzer0.comA Z 4 Replies Last reply
          26
          • F falsewhite@lemmy.world

            I wonder if they’re also getting paid more or does greedy Gabe just take it all to fund his mega yachts.

            C This user is from outside of this forum
            C This user is from outside of this forum
            carnelian@lemmy.world
            wrote on last edited by
            #5

            Did a little digging, apparently in a 2021 lawsuit, documents were released with bad redactions (they blacked out over the data, but the underlying information was still able to be highlighted and copied/pasted. Very common error when redacting PDFs)

            I haven’t checked the data myself but according one user this was the breakdown:

            “Total staff as of 2021: 336 people

            Administration: 35 people making an average of 4.5 million a year

            Game Developers: 181 people making an average of 1 million a year

            Steam Developers: 79 people making an average of 960k a year

            Hardware Developers: 41 people making average of 430k a year”

            Normally I would guess that “average” here probably means a few people making a ton of money while others get shafted. But I think “admin” probably accounts for that. We have no official way of knowing the true breakdown since this info is not supposed to be public

            driving_crooner@lemmy.eco.brD koboldcoterie@pawb.socialK 2 Replies Last reply
            94
            • TheTechnician27T TheTechnician27

              That tends to happen when you have a monopoly on an industry where you get 30% of the revenue from other people’s hard work.

              E This user is from outside of this forum
              E This user is from outside of this forum
              empricorn@feddit.nl
              wrote on last edited by
              #6

              Remind me again which game developer had to release their game on Steam? Or which publisher had no choice but to market on the platform? And are you the sole user forced to use Steam, or was that someone else…?

              A A D YerboutiY S 5 Replies Last reply
              38
              • E empricorn@feddit.nl

                Remind me again which game developer had to release their game on Steam? Or which publisher had no choice but to market on the platform? And are you the sole user forced to use Steam, or was that someone else…?

                A This user is from outside of this forum
                A This user is from outside of this forum
                artyom
                wrote on last edited by
                #7

                All of them.

                1 Reply Last reply
                6
                • E empricorn@feddit.nl

                  Remind me again which game developer had to release their game on Steam? Or which publisher had no choice but to market on the platform? And are you the sole user forced to use Steam, or was that someone else…?

                  A This user is from outside of this forum
                  A This user is from outside of this forum
                  anguo
                  wrote on last edited by
                  #8

                  Doesn’t make it less of a monopoly.

                  A I 2 Replies Last reply
                  17
                  • C carnelian@lemmy.world

                    Did a little digging, apparently in a 2021 lawsuit, documents were released with bad redactions (they blacked out over the data, but the underlying information was still able to be highlighted and copied/pasted. Very common error when redacting PDFs)

                    I haven’t checked the data myself but according one user this was the breakdown:

                    “Total staff as of 2021: 336 people

                    Administration: 35 people making an average of 4.5 million a year

                    Game Developers: 181 people making an average of 1 million a year

                    Steam Developers: 79 people making an average of 960k a year

                    Hardware Developers: 41 people making average of 430k a year”

                    Normally I would guess that “average” here probably means a few people making a ton of money while others get shafted. But I think “admin” probably accounts for that. We have no official way of knowing the true breakdown since this info is not supposed to be public

                    driving_crooner@lemmy.eco.brD This user is from outside of this forum
                    driving_crooner@lemmy.eco.brD This user is from outside of this forum
                    driving_crooner@lemmy.eco.br
                    wrote on last edited by
                    #9

                    What does administration mean there? Like accounting, human resources and so? How could they make, in average, way more that developers??

                    F 1 Reply Last reply
                    5
                    • F falsewhite@lemmy.world

                      I wonder if they’re also getting paid more or does greedy Gabe just take it all to fund his mega yachts.

                      D This user is from outside of this forum
                      D This user is from outside of this forum
                      dukemirage@lemmy.world
                      wrote on last edited by
                      #10

                      No no Gabe just works 31.244.670 times as much as his employees.

                      1 Reply Last reply
                      15
                      • driving_crooner@lemmy.eco.brD driving_crooner@lemmy.eco.br

                        What does administration mean there? Like accounting, human resources and so? How could they make, in average, way more that developers??

                        F This user is from outside of this forum
                        F This user is from outside of this forum
                        Fushuan [he/him]
                        wrote on last edited by
                        #11

                        I’d think it’s marketing teams, HR, managers, the C-suite.

                        Those who manage people usually make more than those who dos tuff because they take on more responsibilities.

                        Yeah I know that’s bullshit and that they shift responsibilities all the time, but good managers do shoulder bullshit so workers can work.

                        driving_crooner@lemmy.eco.brD B 2 Replies Last reply
                        22
                        • E empricorn@feddit.nl

                          Remind me again which game developer had to release their game on Steam? Or which publisher had no choice but to market on the platform? And are you the sole user forced to use Steam, or was that someone else…?

                          D This user is from outside of this forum
                          D This user is from outside of this forum
                          dukemirage@lemmy.world
                          wrote on last edited by
                          #12

                          If I want my game to sell I have to release on Steam, though.

                          koboldcoterie@pawb.socialK E MeldrikM B T 7 Replies Last reply
                          31
                          • A anguo

                            Doesn’t make it less of a monopoly.

                            A This user is from outside of this forum
                            A This user is from outside of this forum
                            aspharr@lemmy.world
                            wrote on last edited by
                            #13

                            I think the difference here is that Valve isn’t forcing a monopoly in the way our tech overlords like Google and Amazon do through acquisitions and regulatory capture.

                            Several companies have tried and mostly failed to compete with Steam, I’m primarily thinking of whatever the EA and Ubisoft launchers are. The two closest have been GOG whom I would argue is fairly successful considering what their goals are and Epic, whom I would say is much less so.

                            W 1 Reply Last reply
                            28
                            • alessandro@lemmy.caA alessandro@lemmy.ca
                              This post did not contain any content.
                              G This user is from outside of this forum
                              G This user is from outside of this forum
                              gladaed@feddit.org
                              wrote on last edited by
                              #14

                              They probably should hire more people and reduce profits. But you can’t just hire anybody and that’s a lot of work.

                              B L 2 Replies Last reply
                              1
                              • C carnelian@lemmy.world

                                Did a little digging, apparently in a 2021 lawsuit, documents were released with bad redactions (they blacked out over the data, but the underlying information was still able to be highlighted and copied/pasted. Very common error when redacting PDFs)

                                I haven’t checked the data myself but according one user this was the breakdown:

                                “Total staff as of 2021: 336 people

                                Administration: 35 people making an average of 4.5 million a year

                                Game Developers: 181 people making an average of 1 million a year

                                Steam Developers: 79 people making an average of 960k a year

                                Hardware Developers: 41 people making average of 430k a year”

                                Normally I would guess that “average” here probably means a few people making a ton of money while others get shafted. But I think “admin” probably accounts for that. We have no official way of knowing the true breakdown since this info is not supposed to be public

                                koboldcoterie@pawb.socialK This user is from outside of this forum
                                koboldcoterie@pawb.socialK This user is from outside of this forum
                                koboldcoterie@pawb.social
                                wrote on last edited by
                                #15

                                This actually seems like not a terrible spread. The average for the top earners is a little more than 10x the average for the lowest earners… Obviously outliers could be skewing that data (there could be one hardware developer making 30 million while the others work for poverty wages) but from the data we have, this isn’t nearly as wide a gap as I would have expected.

                                CoelacanthC J F 3 Replies Last reply
                                60
                                • D dukemirage@lemmy.world

                                  If I want my game to sell I have to release on Steam, though.

                                  koboldcoterie@pawb.socialK This user is from outside of this forum
                                  koboldcoterie@pawb.socialK This user is from outside of this forum
                                  koboldcoterie@pawb.social
                                  wrote on last edited by
                                  #16

                                  It would really help if the would-be competitors focused on consumer-facing features rather than… whatever it is they’re doing. GoG is doing a great job of this, but EGS is still missing even the most basic features years later, because they keep trying to get market share through buying exclusives and giving away free games and that’s sadly never going to work out. They just don’t understand what the consumers in the industry they’re trying to operate in want.

                                  D 1 Reply Last reply
                                  21
                                  • koboldcoterie@pawb.socialK koboldcoterie@pawb.social

                                    This actually seems like not a terrible spread. The average for the top earners is a little more than 10x the average for the lowest earners… Obviously outliers could be skewing that data (there could be one hardware developer making 30 million while the others work for poverty wages) but from the data we have, this isn’t nearly as wide a gap as I would have expected.

                                    CoelacanthC This user is from outside of this forum
                                    CoelacanthC This user is from outside of this forum
                                    Coelacanth
                                    wrote on last edited by
                                    #17

                                    Wouldn’t surprise that much, as far as I’ve heard from as far as I remember Valve is a great place to work and by all accounts treat their employees well.

                                    1 Reply Last reply
                                    27
                                    • alessandro@lemmy.caA alessandro@lemmy.ca
                                      This post did not contain any content.
                                      T This user is from outside of this forum
                                      T This user is from outside of this forum
                                      Triumph
                                      wrote on last edited by
                                      #18

                                      Revenue. Revenue is not profit.

                                      1 Reply Last reply
                                      181
                                      • D dukemirage@lemmy.world

                                        If I want my game to sell I have to release on Steam, though.

                                        E This user is from outside of this forum
                                        E This user is from outside of this forum
                                        empricorn@feddit.nl
                                        wrote on last edited by
                                        #19

                                        Interesting that first part… Respectfully, no one is entitled to sales on any platform. As a consumer, I’ve tried other launchers and stores. I hate them all. I choose to only use Steam (for the time being). It’s simply choosing the superior option, but it is an option. I can’t say the same for my internet, energy, or cable companies…

                                        D 1 Reply Last reply
                                        30
                                        • alessandro@lemmy.caA alessandro@lemmy.ca
                                          This post did not contain any content.
                                          P This user is from outside of this forum
                                          P This user is from outside of this forum
                                          prole@lemmy.blahaj.zone
                                          wrote on last edited by
                                          #20

                                          Do they have any kind of profit sharing program?

                                          I’d be kind of pissed if I worked there and made like $70k or whatever, only to read this shit.

                                          JyekJ N M 3 Replies Last reply
                                          6

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