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Where the money is for all, Tencent Games – Riot’s parent company bonuses Tet for each employee nearly 3 billion VND

Group Tencent – The parent company of Riot Games, the owner of League of Legends and Wang Jia Yongmei, has recently created a Chinese media earthquake, announcing the highest Tet bonus for its outstanding 1,000 employees, with children up to nearly 3 billion VND / person

Specifically, 1000 employees of Tencent part of the Wechat Pay division became the “happiest” people, when honored with the Founders Award at the company’s annual closing ceremony. This is the award for the best performing department in the past year, with a total value of 28.5 million USD.

This bonus will be distributed equally to 1000 employees of Wechat Pay, meaning that each person will receive $ 28,500 (about 660 million USD), along with a periodic Tet bonus corresponding to 10 months’ salary. .

Where the money is for all Tencent Games Riot s parent company bonuses Tet for each employee nearly 3 billion VND | Esports

Riot Games’ parent company is making Chinese media astonished at the “super awesome” Tet bonus for employees

At the end of 2018, Tencent released details about the employee’s salary, with a total salary of 42.2 billion yuan paid to 54,309 people. This means that the average annual salary at Tencent is 776,120 yuan / person / year or about 64,676 / person / month. According to Chinese media, the country’s average monthly income per capita in the country is 8,452 yuan (about US $ 1,228) in 37 major cities (Q2 2019 figures). The same figure in some megacities such as Beijing, Shanghai and Shenzhen is 10,000 yuan.

Temporarily taking the salary figure of 64,676 / person / month as a landmark, besides the bonus of 28,500 USD, each employee of Wechat Pay will receive an additional 650,000 Yuan (about 2.18 billion VND) corresponding to 10 monthly salary, meaning that the employee’s Tet bonus will be about VND 2.8 billion.

Talking about Wechat Pay, this is a payment function integrated into the Wechat customer portal, users can complete the payment process right on their mobile phones. Put simply, this is an online payment application that is integrated with the user’s Social Network information.

Where the money is for all Tencent Games Riot s parent company bonuses Tet for each employee nearly 3 billion VND | Esports

The reason that more than 1000 Wechat Pay employees receive such a huge Tet reward is because in the past year, this payment gateway has collected a lot of money for Tencent Games, only for game recharge. Revenue from top-up payment of 3 games of League of Legends, Vuong Gia Vinh Dieu (Chinese version of Lien Quan Mobile) and PUBG Mobile has brought billions of dollars in revenue for parent company Tencent.

In particular, according to Tencent, Vuong Gia Vinh Dieu alone earned the profit of game card payment up to $ 5 million / day for this group, and the revenue that this game brings in the year. China alone, is about 2 billion USD (while global sales of League of Legends just over 1.5 billion).

Where the money is for all Tencent Games Riot s parent company bonuses Tet for each employee nearly 3 billion VND | Esports

It can be seen that although League of Legends is still the world’s most attractive game, it is actually Vuong Gia Vinh Dieu that is the golden egg of Tencent. In the context that Riot Games is rushing to launch League of Legends: Toc Chien, Tencent’s moves have shown that Vuong Gia Vinh Dieu is also getting ready for the “fight against each other”. The ultimate winner of the competition for the No. 1 MOBA mobile game title in the world.

[ Æsir Tales ]
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