- Lego is having a great year: Consumer sales as of September were up over 35% and operating profits “more than doubled.”
- As a result, the toy production company is giving its entire staff additional days off and bonus pay.
- The Lego Group employs more than 20,000 people, and is the world’s largest toy maker.
The world’s largest toy maker, Lego, had a huge first half of 2021: Consumer sales were up over 35% and operating profits “more than doubled,” the company said in September.
Now, Lego is passing on some of that success to its over 20,000 employees: The company is giving staff three additional days off and annual bonuses “will get a top-up in April,” Bloomberg reported.
Lego spokesperson Benjamin Hjorth told Bloomberg the move is intended as a token of appreciation for employees who have worked throughout “an extraordinary year” and during the coronavirus pandemic.
Though many business sectors faced significant declines during lockdown, companies like Nintendo and The Lego Group experienced major sales spikes across the last 18 months.
That’s due in part to major releases, like “Animal Crossing” from Nintendo, which spurred sales. But that sales success is primarily due to the nature of their businesses: With so many people stuck indoors, looking for something to do, playing video games and building Lego sets was more attractive than ever.
The Lego Group has a history of awarding companywide bonuses based on earnings, and a previous bonus was a full month’s salary, according to Bloomberg. It’s unclear how large of a bonus employees will get this time around.
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