Lego gives its 20k employees three days extra holiday after profits rise 140%

Re:Lego gives its 20k employees three days extra holiday aft... by sitkack on Tuesday November 30, 2021 @03:06AM (#29389991)

That is roughly a 1.2% raise. Maybe Lego employees or Lego management can't do math.

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Re:Lego gives its 20k employees three days extra holiday aft... by blitzar on Tuesday November 30, 2021 @03:41AM (#29390179)

1.2% pay raise could wipe out 100% of the profits depending on the profit margins the company is operating.

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Re:Lego gives its 20k employees three days extra holiday aft... by eesmith on Tuesday November 30, 2021 @03:54AM (#29390243)

Values from the article:

> net profit of more than 6.3bn Danish kronor ($954m) for the first half of 2021 – an increase of 140% on the same period in 2020.

> 20,000 employees

  salary * 20000 * 0.012 = $954m
  => salary = $3,975,000

I strongly suspect the average wage at Lego is NOT approaching $4M/yr.

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Re:Lego gives its 20k employees three days extra holiday aft... by sitkack on Tuesday November 30, 2021 @06:13PM (#29398634)

Raises are nice, profit sharing is better.

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