Could he not use the excess profits to pay the employees a massive bonus for the success that they created?
Even if they gave every employee a ¥10,000,000 bonus, they would still have ~95% of the money left over.
Okay so make it ¥200,000,000
Then all of the employees would retire and the company falls apart.
10 million yen is only 60k usd, that’s a big bonus but not nearly as staggering as your comment implies.
That more money than the average Japanese person makes in a year, as a bonus. That’s a lot of money.
I’m not familiar, is it a private company or are there public shareholders?
Windfalls like this cannot be taking lightly and need to be approached strategically. It depends heavily on tax laws and employee finances overall.
Some common got rich quick concerns off the top of my head: Could accidentally knock people into a higher tax bracket and ruin their finances long term for short term gain. Could accidentally give someone collateral to take out a massive loan they cannot afford long term. Could make someone in a low income area a target before they have a chance to move out. Could accidentally get double taxed by doing the payout incorrectly because they’re not practiced with handling this much money. Could overinvest it all back into the company and burn too brightly negating all their success. Doing nothing and simply using it as cash reserves is better than making a foolish mistake and ruining it for themselves.
…you can’t ruin finances by knocking some one into a different tax bracket. This statement alone proves you don’t understand how tax brackets work
In the us, there are very rare cases where someone’s income straddles the line between benefits with a higher value than the increased income. This is not one of those cases, and it effectively only applies to people are below the poverty line and gain only a few hundred dollars in income.
Imagine being so brainwashed by your Robber Baron overlords that you literally think: More money = less money. Sad.
It often works that way. Look at lottery winners and NFL players who end up broke as fuck overnight.
Anecdote: Knew a guy who scored a cool $1,000,000 off the VA for a testicular cancer misdiagnosis. Somehow blew every penny in 12-months, lost it all, ended up worse off. And promptly died.
This’ll trip everyone up. Paying more does not lead to better outcomes. Y’all should love it. If you read between the lines, there’s a lot of Linux culture in there. Explains much of what I’ve seen IRL.
“Lottery Winners and NFL Players” You mean it works that way often for the 1% of the 1%? Wtf are you even saying? Are you a bot or is chatGPT writing this for you? You don’t think that paying more to the 80% of Americans that live PAYCHECK TO PAYCHECK is going to be a good thing for them? Do you really think that not fearing homelessness is actually gonna make them sadder? Lol.
I hope you’re trolling and not really so sadly blind to the reality world you live in.
This is probably the most ridiculous comment I’ll read on Lemmy all year and it’s only March. Wow.
Bro said the most wrong thing I’ve seen all week and won’t respond.
What if you have too much money and you become a target?
Well that’s on you for letting people know about if.
This isn’t a lottery amount of money from the bonus. They aren’t going to be targeted for their bonus that’s in the bank. Plus the og comment didn’t mention this, making it still a wrong take.
Woah, do you actually believe earning more means you’ll be taxed cruelly? Actually, you are only taxed more on the income FROM that bracket. Not all income the same
Lmfao
Could end up calibrating someone’s “earning potential” super high for the sake of calculating child support.
But couldn’t most of these be avoided by structuring the bonus as some sort of annuity?
OK y’all, fine, OP’s higher tax bracket take is off target. But if you’re suggesting sudden and massive wealth increases for these employees? Yeah, that’s kinda fraught.
OP makes some discussion worthy points. And I agree, sit on the reserves as cash and think on it. Meanwhile, nothing leads me to believe Pocketpair isn’t doling out fat bonus stacks. They’re private, they’re not advertising compensation and it’s none of your business.
I work for a software dev in America, we get fat bonuses every year, on top of what’s guaranteed, because we keep making more than anticipated.
On top of that, imagine having “developed Palworld” on your resume. Jesus. Golden ticket there.
tl;dr: Most small companies and individuals are not prepared for this sort of success. Sudden influxes of cash must be navigated carefully.
Money can be exchanged for goods and services
Twenty dollars can buy many peanuts!
Explain how!
What could a banana cost, Michael?
I mean it sort of makes sense from a business perspective. The amount of rapid scaling is something you can get wrong very easily.
But yeah a lot of big ass bonus checks is a good start.
Yep, it’s an amusing headline which makes it perfect for this community but it’s a genuine problem that needs to be navigated carefully. But as far as problems go this is a pretty damn good one to have.
Hey, if they have an issue with too much money, they can always give me some, that I can handle it for sure
Hey, if they have an issue with too much money, they can always give me some, that I can handle it for sure
What if the massive bonuses result in your employees retiring early? Now you’ve got a brain drain.
So you hire more staff, and tell the new employees that they can ask you to call in a favor here and there from the retired folks that you made into millionaires.
I think the retired folks actually made them a millionaire.
Don’t call me if I retire.
Haha. Fair point.
I agree there’s absolutely no obligation there.
After an unplanned $1,000,000.00+ bonus, I personally, will occasionally accept a phone-a-friend call.
Expecting quid-pro-quo is not the reason to pay out the bonus, of course.
But the world will be better when more people understand that generous leaders finish with more friends than tightwads do, and are proportionally more successful.
I say proportionally because most folks who didn’t have the foresight to be born into an emerald mining fortune still aren’t gonna start a flamethrower company for funsies, of course.
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Finally I understand that time is cubic
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that website smells like dr bronner’s soap
What the fuck is this game about??
Its very similar to ark survival and the open world Conan game. There’s love you can find in hidden diaries and there are goals that involve upgrading your base and killing bosses. What makes it stand out to the others is that it is basically Pokémon. If you’re into the previously mentioned games, I think it’s great
Big TimeCube energy
What the hell did I just read?
Looks like one those scp wiki sub-websites
AAAAAHHH!!!
I’m getting too much money!
This shit don’t mean nothing to me, man.
Haters in shambles. They stay pickin’ the corn out of my shit. This Smith & Wesson got me movin’ like an invasive species. I got Midas touch, fuck boi! removed so bad, I made her shit in my chopped cheese. I’m at the bank about to withdraw all of it. These Valentinos are from Milan, you fucking idiot. That Fentanyl gave me Vitruvian Man flexibility, got me in a state of rigor mortis. Caught a broke boy trying to come up on my Amazon package, so I skinned his ass alive.
Pokemon with guns and more slavery…
“How could someone make money with such a stupid idea?”
“And how could you NOT make money with such a BRILLIANT idea!”
The Palworld devs sound like they are very switched on, its a good thing that they recognise that their epic success can bring with it headaches.
Right on! They should drop some fat bonuses and sit tight for a minute while they figure this out. It’s a good problem to have, but it’s still a problem.
Palworld:
Oh this is something i can surely help with, here is my iban: IT54500-…
At least they can afford lawyers now lol
Glock 34 shivered his timbers
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They should use the money to buy lawyers for when Nintendo sues them, and give Nintendo a fight for once.
Nintendo/TPCI would’ve already sued if they had a case
So they can afford to make the game free now. It’s made back the money that in used to make and it’s made a fair profit. No reason for them to continue charging for it outside of greed.
It cost money to develop games. They need some sort of income to do that. Otherwise it’s just a short while until the money runs out and the servers shut down. Game stays unfinished and unpolished forever.
They can make it open source.
Make yourself open source.
That is straight up the dumbest thing I’ve read here outside /c/conservative.
That is an interesting comparison
Over on /c/conservative we’re always going on about giving away free stuff
