Also Free Radical might be paying overtime, but you might want to read the small print.
Free Radical used to pay a 10% salary completion bonus to the staff. Now this is replaced with overtime pay. So, on completion in order to get the bonus you would have previously got, you are required to work 10% longer than you were, so you’re probably worse off… Promises of overtime pay aren’t always good…
The problem is that there is no incentive in most studios *not* to have people in until all hours. As Kentaree suggested, it might discourage managers from keeping people in for no good reason… or to manage their projects in a vaguely structured manner. I don’t know exactly how this bonus thing works, but from my experience I have spent at least 10% of my time doing unpaid overtime.