Tokyo, Japan (March 16, 2023) - SQUARE ENIX CO., LTD. (the "Company") will raise its employees' base pay as of April 2023. The base pay of permanent employees will rise by an average of 10%. In the case of new-graduate hires, the increase is an average rise of 27% (288,000 JPY per month) in the starting salaries of new-graduates of four-year universities joining the Company.
The Company believes that keeping the safe and secure working environment, which encourages employees to unleash the maximum of their creativity, is essential for sustainable growth, thus have been implemented various HR-related measures. Furthermore, the Company decided to raise employees' base pay, in the context of external trend such like current price increase, with the intention of enabling employees continuously focuses to create further fascinating contents while at the same time enhancing talent acquisition.
The increases, which will take effect on April 1, 2023, are to be applied at SQUARE ENIX CO., LTD. (Japan) and SQUARE ENIX HOLDINGS CO., LTD. (Japan).