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Games Workshop staff receive £2,500 as festive bonus

By Nithya Bose in Employment News, posted December 8, 2023

Games Workshop has offered a £2,500 Christmas bonus for shop workers, model makers, designers, and support staff.

This marks a significant increase from the previous year's bonus of £1,000 less after half-year profits surged by over 12 percent.

The bonus pool, shared among the workers, amounts to £7.5 million, up from £4.5 million last year.

The Nottingham-based company is renowned for its fantasy figurines and the popular gaming series Warhammer and Lord of the Rings.

With approximately 530 stores under its belt, Games Workshop is attributing the bonus to the expectation of half-year profits reaching at least £94 million.

This rise comes alongside a nine percent increase in sales, totaling £247 million.

While the core gaming sales experienced robust growth, licensing income was a noticeable decline.

Founded almost five decades ago by three school friends, Games Workshop has not only weathered the challenges posed by the pandemic but flourished during it.

The company's success continues despite a challenging retail landscape.

The appeal of home-based hobbies and small indulgences has thrived amid consumers' financial constraints.

Despite a slowdown in the second quarter of the financial year, Games Workshop has reaped the benefits of a strong initial quarter.

It’s bolstered by the launch of the 10th edition of its Warhammer 40,000 game.

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This edition features iconic characters such as Space Marines and the squid-like Neurotyrant.

However, company shares faced an 11 percent dip, settling at just under £95.

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