{"id":742,"date":"2025-12-05T10:11:05","date_gmt":"2025-12-05T10:11:05","guid":{"rendered":"https:\/\/microvibenews.com\/?p=742"},"modified":"2025-12-05T10:11:05","modified_gmt":"2025-12-05T10:11:05","slug":"nintendos-98-staff-retention-rate-means-the-average-employee-has-been-there-15-years","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=742","title":{"rendered":"Nintendo’s 98% staff retention rate means the average employee has been there 15 years"},"content":{"rendered":"

<\/p>\n

Good morning.<\/strong> When experienced employees leave\u2013whether they get laid off, or jump ship for a better opportunity\u2013they take their years, if not decades, of experience with them. Over time, the company loses that institutional knowledge.<\/p>\n

Nintendo, the Japanese video game giant, is an example. Its Japanese employees spend an average of 15 years at the company, which boasts a yearly retention rate of 98%. That\u2019s not just better than the layoff-prone video game industry, it\u2019s better than most of Japan. The average Japanese worker spends 11 years at their company; in the U.S., that number is closer to four.<\/p>\n

\n

\u201cThe people who first made Nintendo\u2019s hits are still working at the company,\u201d Keza MacDonald, the author of Super Nintendo,<\/em> a forthcoming book about the developer, told me recently. \u201cFor the last 50 years, these people have been passing down knowledge and training up a new generation of Nintendo creatives.\u201d\u00a0<\/p>\n

Both Nintendo\u2019s business and creative leaders have long tenures at the company. Current president Shuntaro Furakawa joined the company in 1994 as an accountant. Shigeru Miyamoto, the brains behind franchises like \u201cSuper Mario\u201d and \u201cThe Legend of Zelda,\u201d joined as a staff artist in 1977.\u00a0<\/p>\n

There is a risk that companies that rely too much on institutional knowledge get stuck in their ways. Yet Nintendo, according to MacDonald, has combined institutional knowledge with fresh ideas to continuously replenish its pipeline of fun games: \u201cIt\u2019s not like the oldest guy gets to decide what\u2019s a good idea and what isn\u2019t. Everyone puts ideas in.\u201d<\/p>\n

Nintendo has its share of flops, failed experiments, and puzzling business decisions\u2013as does every firm. Yet the company maintains its share of the highly competitive video game industry against bigger, deeper-pocketed rivals like Sony and Microsoft.\u00a0<\/p>\n

The few designers who\u2019ve left Nintendo still have fond feelings about their time there. As Lee Schuneman, a former Nintendo game designer and now Efekta Education Group\u2019s chief product officer, told our Brainstorm Design audience this week, \u201cI got to work with some of the most talented game designers in the world, including people like [Shigeru Miyamoto] at Nintendo, and [learn] a whole range of lessons about how to make playful experiences.\u201d<\/p>\n

That goodwill may be the result of Nintendo avoiding the industry\u2019s boom-bust churn and valuing the expertise its workforce accumulates.<\/p>\n

Nintendo \u201cis still, to this day, making games differently from everyone else,\u201d MacDonald says.\u00a0You can check out the rest of our mainstage sessions from Brainstorm Design here.\u2014Nicholas Gordon<\/p>\n

Contact CEO Daily via Diane Brady at diane.brady@fortune.com<\/em><\/p>\n

Top news<\/h3>\n

Netflix to acquire Warner Bros. Discovery studios\u00a0<\/b><\/p>\n

The online streamer and the maker of the\u00a0 Superman and Harry Potter franchises are expected to announce a sale of Warner\u2019s studios and HBO Max business to Netflix, <\/span>the WSJ reports<\/span>. Paramount Skydance chief David Ellison lobbied the White House against the deal even though Netflix offered a richer valuation, <\/span>according to the New York Post<\/span>.<\/span><\/p>\n

\u201cChina\u2019s Nvidia\u201d stages IPO<\/b><\/p>\n

Moore Threads, a maker of GPUs based in Beijing went public today at a valuation of $1.1 billion and its stock rose by 400% <\/span>on day one<\/span>.<\/span><\/p>\n

$10 billion a week on U.S. national debt<\/b><\/p>\n

The calendar year may have a few weeks left to tick off, but as far as the government\u2019s budget is concerned, we\u2019re in fiscal 2026. <\/span>The Treasury has already paid out a 12-figure sum to service the nation\u2019s debt<\/span>. Unlike the tax and calendar year, the government\u2019s financial calendar runs to the end of September. According to Treasury data, in the nine weeks since, it has spent $104 billion in interest on its $38 trillion borrowing burden. That\u2019s more than $11 billion a week, and already represents 15% of federal spending in the current fiscal year.<\/span><\/p>\n

Poor labor data may have locked in Fed cut<\/b><\/p>\n

Analysts may not have necessarily digested this week\u2019s lackluster labor data with glee\u2014but it sure didn\u2019t dampen their spirits either. <\/span>Wall Street is hoping for a Christmas miracle<\/span> with a final interest rate cut from the Fed, bringing the base rate down to 3.5% to 3.75%, and recent jobs reports may just have sealed the deal.<\/span><\/p>\n

U.S. lobbied against E.U. seizing Russian money<\/b><\/p>\n

American officials urged Europe not to use frozen Russian assets as the basis of loans that would fund Ukraine\u2019s defense against Moscow\u2019s invasion of its Eastern flank. The funds could be used as an incentive to end the war, <\/span>Washington argued<\/span>.<\/span><\/p>\n

January 6 pipe bomb suspect arrested<\/b><\/p>\n

Brian Cole Jr., 30 of Woodbridge, Virginia, was the subject of a five-year-long <\/span>investigation by federal officials<\/span>.\u00a0<\/span><\/p>\n

Wall Street forecasts S&P will hit 7,500<\/b><\/p>\n

Analysts are publishing their notoriously unreliable annual stock market forecasts and this year nine investment banks are guessing that <\/span>the market will rise about 10% in 2026<\/span>.<\/span><\/p>\n

The markets<\/h3>\n

S&P 500 futures<\/b> were up 0.17%\u00a0 this morning. The last session closed up 0.11%. <\/span>STOXX Europe 600<\/b> was up 0.18% in early trading. The U.K.\u2019s <\/span>FTSE 100<\/b> was up 0.19% in early trading. Japan\u2019s <\/span>Nikkei 225 <\/b>was down 1.05%. China\u2019s <\/span>CSI 300<\/b> was up 0.84%. The South Korea<\/span> KOSPI<\/b> was up 1.78%. India\u2019s <\/span>NIFTY 50<\/b> is up 0.55%. <\/span>Bitcoin<\/b> fell to $91.4K.<\/span><\/p>\n

Around the watercooler<\/h3>\n

How a Texas gas producer plans to exploit the \u2018mega trend\u2019 of power plants for AI hyperscalers<\/span> by Jordan Blum.<\/span><\/p>\n

Battle for sports betting market heats up as Polymarket announces return to the U.S.<\/span> by Carlos Garcia.<\/span><\/p>\n

Nvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant \u2018state of anxiety\u2019 out of fear of going bankrupt<\/span> by Jessica Coacci.<\/span><\/p>\n

Kim Kardashian shaped Skims into a $5 billion brand\u2014now she wants to help other entrepreneurs mold their skills for success<\/span> by Emma Hinchliffe.<\/span><\/p>\n

CEO Daily was compiled and edited by Jim Edwards and Lee Clifford.<\/p>\n<\/div>\n

#Nintendos #staff #retention #rate #means #average #employee #years<\/p>\n","protected":false},"excerpt":{"rendered":"

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