COMP NEWS – Several major commercial gaming operators have announced new year-end bonuses for nonmanagerial staff.
Five of the six commercial gaming operators have confirmed 2023 bonuses for eligible nonmanagerial staff. Employees at resorts operated by Sands China Limited, Wynn Macau Limited, MGM China Holdings, Galaxy Entertainment, and Melco Resorts have been confirmed for year-end bonuses. Sands and Melco have additionally announced pay increases for the year ahead.
The 2023 bonuses include a month’s salary for eligible employees. The funds will be issued to the employees before the Chinese New Year, which falls on February 10.
Sands’ bonus will be delivered to about 99% of its 26K employees in Macau. Of Galaxy’s 18,600 staffers, about 98% will receive a 2023 bonus. Nearly all (99%) of Melco’s 16K employees will receive bonuses, as will “over 95%” of MGM’s 12K-person workforce.
Additionally, several are increasing their employees’ base salaries to retain staff in a competitive environment.
Sands, in seeking to protect its workforce from being poached by rival operators, additionally announced a salary increase for full-time employees earning up to MOP13,000 (US$1,618) a month. The pay increases will become effective from March 1 and will increase pay by as much as 5.4%.
Melco is also increasing pay by 2.5% from April 1 for the City of Dream’s “nonmanagement colleagues.”
The bonus payout and base salary increase recognize the dedication, loyalty, and hard work of our eligible nonmanagement colleagues,” said Lawrence Ho, the billionaire founder, chair, and CEO of Melco Resorts. “We are thankful for all of our colleagues’ commitment and efforts in maintaining Melco’s service excellence, and for their delivery of the most memorable experiences to our guests.”
The Sands pay increases equate to MOP600 (US$75) a month, or $900 a year.
“Our team members’ resilience and collective spirit have not only guided us through the trials of recent years, but also propelled us into a period of rejuvenation,” commented Wilfred Wong, president and executive director of Sands China.
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