in a Open letter released todayActivision Blizzard CEO Bobby Kotick (Bobby Kotick) said that before the company’s board of directors achieves “gender-related transformation goals,” he will receive the minimum wage for salaried employees in California.
Kotic stated these goals in a letter released today, as originally reported. Chronicles of Video Gameselectronic, He claimed that his salary cut would be $62,500.He also pointed out, “This is reducing [his] Overall compensation”, not just his salary. The CEO claimed that he asked not to receive any bonuses or obtain any equity during this period.
“I really hope that no employee has experienced an experience at work that has caused harm, humiliation, or worse-to those who have been affected, I sincerely apologize,” Kotic wrote. “You have my promise. We will do everything possible to respect our values and create a deserved workplace for every member of this team.”
Kotick went on to say that the experience of Activision Blizzard employees “sharing so bravely” is a reason and reminder that the company needs employees to do better.
In terms of “gender-related transformation goals,” Kotic listed five.Here are each of the five goals-you can read the entire letter here For more details:
- We are introducing a new zero tolerance harassment policy across the company.
- We will increase the proportion of women and non-dual people in our workforce by 50%, and will invest $250 million to accelerate opportunities for diverse talents.
- Based on employee feedback, we waived necessary arbitration for sexual harassment and discrimination claims.
- We will continue to increase the visibility of pay fairness.
- We will provide regular progress updates.
Kotick stated that the core goal of the entire board of directors, corporate senior team and business unit leaders is to “ensure that you have the necessary resources, culture and leadership commitment to successfully realize our collective desire to be a model workplace in our industry.”
“Not all places have guardrails to ensure that our values are upheld,” Kotic wrote. “In some cases, people always feel uncomfortable about reporting concerns, or their concerns are not always resolved in a timely or proper manner. People are deeply disappointed, and for that, I’m really sorry.”
This open letter was released in July after it was revealed that the California Department of Fair Employment and Housing had been investigating Activision Blizzard for many years and led to a lawsuit against the company. The lawsuit revolved around “violation of the national civil rights and equal pay law”, especially regarding the treatment of women and other marginalized groups in companies.
Soon after, Game informant Got a Copy of letter Kotick sent to all Activision Blizzard. In it, he stated that the company “will do everything possible to ensure that we work together to improve and build an inclusive workplace that is vital to fostering creativity and inspiration”, among other commitments. The five goals set by Kotick this morning appear to be the next step for Activision Blizzard to make the company a safe and healthy workplace. Only time will give the answer.
For a complete picture of everything that happened in California’s case against Activision Blizzard, check out this story Why California litigation will become more complicated.
[Source: Video Games Chronicle]