A gaming company in New Zealand is luring employees from around the world by offering unlimited paid annual leave, a share in the company’s profits and no set work hours.
Dean Hall became famous in international gaming circles for being the lead designer on zombie apocalypse video game DayZ.
After searching the world for a location for his new gaming studio, Rocketwerkz, New Zealander Hall settled on the small university town of Dunedin on the east coast of New Zealand’s south island, where property is cheap and creative start-ups have become a core part of the city’s identity.
Rocketwerkz’s flexible work culture — which includes unlimited leave, a share in the company’s profits and Hall’s salary capped at 10 percent above his highest-paid employee — is now drawing talent from around the globe, with Hall receiving 300 Facebook messages of inquiry since a local newspaper wrote about his unorthodox office last week.
Last year, when the company was still in its infancy, kittens would also make a regular appearance in the office as a form of combating stress, and Friday afternoons are generally reserved for sports and games to end the week on a playful note.
“The first time I heard about the idea of unlimited paid leave in places like Silicon Valley it was about the problems it caused, that a culture had sprung up where employees took no leave,” said Hall, a former air force officer for the Royal New Zealand Air Force. “So to address that our staff are issued the standard New Zealand annual leave of four weeks, but they can also take unlimited leave in addition to that. My time in the army actually influenced my ideas around this, where people are your greatest asset.”
Hall’s company, whose headquarters are situated in the industrial wharf area of Otago Harbour, wedged between a brewery and salt-stained fishing trawlers, employs 40 staff, though Hall projects his team will grow to 100 by the end of this year, with the ambition to make New Zealand’s nascent gaming industry as big as its now flourishing film industry.
The youthful chief executive officer said that despite his work culture sounding like a quick route to missed deadlines and empty desks, it is designed to give employees the autonomy they need to manage their personal lives, whether that entails going to the bank or health appointments during work hours, or staying home to mend a rocky relationship or grieve for a dead pet.
“By giving our staff unlimited time to sort out any issues with their homes or personal lives, it means when they do come to work their mind is unburdened and they’re ready to focus,” Hall said.
“And by having the freedom to deal with the life stuff, which can frankly be complicated, they begin to associate work as an enjoyable place to be, where they perform at their best and have the freedom to be completely creative,” he added.
Briton Emily Lampitt is a 3D junior artist who has been with the company for a year-and-a-half.
She said the flexible work culture was a huge factor in her decision to move to the bottom of New Zealand, and she has used it to visit family at short notice, or take long weekends by leaving early on Friday’s.
“The flexibility here has made me feel much more relaxed and it really has made my life easier,” she said. “That internal stress I used to feel in a traditional hierarchical work environment has gone, so when I am at work now it is because I want to be, because I am passionate, not because I am afraid of my boss or watching the clock.”
This month New Zealand Labour Party leader Andrew Little visited Dunedin and said if Labour was elected to government in the September elections it would invest US$10 million in the Dunedin gaming industry, with the goal of eventually making it a US$1 billion industry.
SEMICONDUCTORS: The German laser and plasma generator company will expand its local services as its specialized offerings support Taiwan’s semiconductor industries Trumpf SE + Co KG, a global leader in supplying laser technology and plasma generators used in chip production, is expanding its investments in Taiwan in an effort to deeply integrate into the global semiconductor supply chain in the pursuit of growth. The company, headquartered in Ditzingen, Germany, has invested significantly in a newly inaugurated regional technical center for plasma generators in Taoyuan, its latest expansion in Taiwan after being engaged in various industries for more than 25 years. The center, the first of its kind Trumpf built outside Germany, aims to serve customers from Taiwan, Japan, Southeast Asia and South Korea,
Gasoline and diesel prices at domestic fuel stations are to fall NT$0.2 per liter this week, down for a second consecutive week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to drop to NT$26.4, NT$27.9 and NT$29.9 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to fall to NT$24.8 per liter at CPC stations and NT$24.6 at Formosa pumps, they said. The price adjustments came even as international crude oil prices rose last week, as traders
SIZE MATTERS: TSMC started phasing out 8-inch wafer production last year, while Samsung is more aggressively retiring 8-inch capacity, TrendForce said Chipmakers are expected to raise prices of 8-inch wafers by up to 20 percent this year on concern over supply constraints as major contract chipmakers Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and Samsung Electronics Co gradually retire less advanced wafer capacity, TrendForce Corp (集邦科技) said yesterday. It is the first significant across-the-board price hike since a global semiconductor correction in 2023, the Taipei-based market researcher said in a report. Global 8-inch wafer capacity slid 0.3 percent year-on-year last year, although 8-inch wafer prices still hovered at relatively stable levels throughout the year, TrendForce said. The downward trend is expected to continue this year,
POWERING UP: PSUs for AI servers made up about 50% of Delta’s total server PSU revenue during the first three quarters of last year, the company said Power supply and electronic components maker Delta Electronics Inc (台達電) reported record-high revenue of NT$161.61 billion (US$5.11 billion) for last quarter and said it remains positive about this quarter. Last quarter’s figure was up 7.6 percent from the previous quarter and 41.51 percent higher than a year earlier, and largely in line with Yuanta Securities Investment Consulting Co’s (元大投顧) forecast of NT$160 billion. Delta’s annual revenue last year rose 31.76 percent year-on-year to NT$554.89 billion, also a record high for the company. Its strong performance reflected continued demand for high-performance power solutions and advanced liquid-cooling products used in artificial intelligence (AI) data centers,