In a recent blog post by Riot Games CEO Nicolo Laurent, the company announced a new approach to compensating employees. It will focus on long-term goa

Riot Games Expands Compensation System for Leavers

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2022-01-13 09:00:07

In a recent blog post by Riot Games CEO Nicolo Laurent, the company announced a new approach to compensating employees. It will focus on long-term goals, awarding a bonus annually when long-term achievements are made. Riot Games is also expanding its Queue Dodge program, which was originally made for employees who’ve been at the company for less than six months.

"Late last year we changed our approach to compensation in an effort to make sure no Rioter is left behind if Riot continues to flourish," says Laurent. "We altered our long term incentive model so that long-term vesting compensation pays out partially each year with a lump sum at the end of the last year."

Laurent also noted that Tencent, Riot Games shareholder, agreed with this long-term strategy and offered "partial ownership of the company to Riot employees" so that Riot staff can take part in owning a portion of the company "and thus directly participate in the risks and rewards of ownership".

Riot Games is also expanding the Queue Dodge program that previously let the employees who worked in the company less than six months leave Riot and still get paid for a while as they transition to another job. Now, the program gets open to all employees regardless of however long they have worked with Riot. The new program will provide the opportunity to leave comfortably, according to Laurent: "Rioters who choose to Queue Dodge will receive 25% of their base salary with 3 months of COBRA benefits where applicable. Rioters who take Queue Dodge will also receive their full bonuses, even if they leave before they’re paid out (late March in most offices)."

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