Valve Makes More Money Per Employee Than Amazon, Microsoft, and Netflix Combined (techspot.com)
- Reference: 0175775989
- News link: https://news.slashdot.org/story/24/12/27/2037230/valve-makes-more-money-per-employee-than-amazon-microsoft-and-netflix-combined
- Source link: https://www.techspot.com/news/106107-valve-makes-more-money-employee-than-amazon-microsoft.html
> A Valve employee recently [2]provided PC Gamer with a rough calculation of the company's per-employee income, revealing that Valve generates more money per person than several of the world's largest companies. While the data is a few years old and doesn't account for some significant recent trends in the tech sector, Valve's ranking in this metric likely hasn't shifted much over that time. Exact figures for Valve's per-hour and per-employee net income remain redacted. However, a chart from 2018 confirms that Valve's per-employee income [3]exceeded that of companies like Facebook, Apple, Netflix, Alphabet/Google, Microsoft, Intel, and Amazon .
Facebook ranks second with a high revenue per employee of $780,400 annually, or $89 per hour, surpassing competitors like Apple and Microsoft due to its relatively smaller workforce of under 70,000. Amazon, by contrast, with over 1.5 million employees, earns significantly less per employee at $15,892 annually, or $1.81 per hour.
Further reading: [4]Valve Runs Its Massive PC Gaming Ecosystem With Only About 350 Employees
[1] https://slashdot.org/~jjslash
[2] https://www.pcgamer.com/gaming-industry/we-learned-just-how-small-valve-really-is-this-year-but-also-how-good-it-is-at-raking-in-the-cash-its-making-more-money-per-employee-than-apple/
[3] https://www.techspot.com/news/106107-valve-makes-more-money-employee-than-amazon-microsoft.html
[4] https://games.slashdot.org/story/24/07/17/2113205/valve-runs-its-massive-pc-gaming-ecosystem-with-only-about-350-employees
Does this matter? (Score:1)
I assume profit factors this in cause employees get paid and math.
But the exact figure is "redacted" (Score:2)
Per TFA, the Valve numbers are "redacted" but the other companies' numbers are visible.
So ... yeah, the claim is that Valve beats out these other companies (including Facebook) but there are no numbers to back it up.
Color me (as yet) unconvinced.
I believe it. (Score:2)
They charge a whopping 30% commission to sell through their store. And it's a digital store, no brick-and-mortal costs to speak of!
That is almost a third. This is basically highway robbery.
They are rolling in it!
Skins (Score:2)
How much do those (underage) skin-gambling schemes bring in for Valve? The problem seems to be back in the spotlight again.
[1]https://www.youtube.com/watch?... [youtube.com]
[1] https://www.youtube.com/watch?v=13eiDhuvM6Y
24 hours a day? (Score:2)
The reported amount per hour assumes employees work 24 hours a day, 365 days per year.
Re: (Score:2)
Yeah, that's only accurate for the Amazon employees.
Valve doesn't have many employees (Score:2)
Supposedly they have around 350.
Re: (Score:2)
What I hear from the kids is Valve doesn't have much in the way of thought police, so they can stay lean.
It's kinda silly for TFA to compare Amazon drivers with Valve engineers, though.
Re: (Score:2)
I'm pretty sure it's the fact that they primarily make money from other people's work and that Steam is pretty mature.
The Steam store has minimal development, and I imagine at this point is relatively easy to scale.
Facebook at number 2 also doesn't have physical goods.
Apple Haas physical goods, but they're high margin.
Amazon fulfills low margin physical goods.
Though I suspect if Amazon split off AWS it'd look more like apple or Facebook.
Facebooks biggest hurdle is privacy protections, they make 3x per user
Re: (Score:2)
> What I hear from the kids is Valve doesn't have much in the way of thought police, so they can stay lean.
Thought police are in the steam community :-). I see them the minute someone posts an issue with Steam. They immediately show up explaining how it isn't really a problem. I have never seen this so much in any other forum.