Macau’s Secretary for Economy and Finance, Lionel Leong Vai Tac (pictured), said the government does not want casino operators to force employees to take unpaid leave. His comments were made after it was reported that some operators are encouraging staff to take leave following the Chinese New Year holiday last month.
“We require gaming operators to provide more vocational training and not force employees to go on unpaid leave,” Mr Leong said, according to public broadcaster TDM.
“We want them [casino operators] to pay a salary while they [employees] are being trained, as this can boost employees’ upward mobility,” he was quoted saying.
Hong Kong newspaper The Standard on Thursday reported that casino operator Wynn Macau Ltd was encouraging staff to take no-pay leave for the first time since 2008. It cited a text message sent to an employee of the firm that said there was “a few quota left for no-pay leave or annual leave from March 9-15”.
“Like all operators during seasonally quieter periods, we encourage our team members to take vacation time, whether paid or unpaid,” a spokesperson for Wynn Macau told GGRAsia.
Labour costs for Macau casino operators are expected to grow this year as companies gear up for new property openings and to hire thousands of workers.
A report by Morgan Stanley Research Asia Pacific in January said operators were taking various cost-cutting measures, following several months of gaming revenue falls.
“Some operators started encouraging employees to take no-pay leaves, which is generally welcomed by the employees – most of them hardly took breaks in the last few years when demand was booming,” said the report by Praveen Choudhary, Alex Poon and Thomas Allen. “The companies could follow the same drill as in 2008/09 to cut pension plans in order to reduce costs,” they added.
Macau’s casino gross gaming revenue in February fell by 48.6 percent year-on-year to MOP19.5 billion (US$2.4 billion), extending to nine months the period of consecutive monthly year-on-year decline in Macau gaming revenue.
Average earnings of Macau’s full-time gaming employees in December, excluding bonuses and allowances, rose by 8.2 percent year-on-year to MOP20,680, with resident and non-resident employees earning an average of MOP20,700 and MOP20,330 respectively.
Full-time employees in the gaming industry totalled 57,757 at the end of the fourth quarter of 2014, an increase of 3.5 percent from a year earlier, according to the latest Statistics and Census Service’s Survey on Manpower Needs and Wages of the Gaming Sector.
As new casinos are set to open this year, job vacancies in the sector fell to 841 as of December 31, down by 1,145 year-on-year. Vacancies for dealers dropped notably by 83.1 percent, showed the official data.
There were 25,752 dealers in the city’s casinos as at the end of 2014, up by 2.0 percent from a year earlier. Dealers – a position open only to Macau permanent residents – accounted for 44.6 percent of all employees in the gaming industry, the figures showed.
The average monthly earnings for dealers at Macau casinos increased by 7.7 percent year-on-year to MOP18,000 at the end of December.
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”Assuming that our [Tigre de Cristal] phase two project and the other future operators’ development plans remain on track, we may see the benefits of a ‘cluster’ effect [in the Primorye Integrated Entertainment Zone] as early as 2021”
Summit Ascent, lead developer of Tigre de Cristal