Macau casino operator Wynn Macau Ltd on Thursday announced a salary increase for all eligible employees, excluding the company’s senior management. The pay rise is effective from March 1 and covers nearly 98 percent of the company’s 12,400 workforce, the firm said in a press release.
Eligible employees earning a maximum of MOP16,000 (US$2,000) per month will receive a pay increase of MOP500 per month, equivalent to an increment of between 3 percent and 6.5 percent, said Wynn Macau Ltd. Team members earning above MOP16,000 per month will receive an average increase of 2.5 percent, the firm added.
Wynn Macau Ltd currently operates two properties in the Macau market, namely the Wynn Macau property (pictured) on the city’s peninsula and the Wynn Palace gaming resort in the city’s Cotai district.
“Our success as a company is entirely made possible by our exceptional and talented colleagues, and as part of the community we take seriously our responsibility to offer competitive wages and benefits that reflect their contribution,” said Steve Wynn, chairman and chief executive of Wynn Macau Ltd, in a prepared statement.
Wynn Macau Ltd was the fifth Macau casino operator to announce publicly a pay rise in 2017.
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Spending on purchase of goods, commissions paid and customer rebates in Macau's gaming industry in 2018