MGM, Wynn, Melco announce discretionary bonus to employees

Three gaming operators including MGM China, Wynn Macau and Melco Resorts & Entertainment yesterday announced that a discretionary bonus will be paid to eligible non-management team members.
Traditionally, gaming operators offer two discretionary bonuses each year, equivalent to one month’s salary per bonus period. The concessionaires usually announce these bonuses every January and July to all eligible full-time employees in recognition of their contributions to the company.
Under this bonus scheme, over 90% of MGM team members and 98.5% of Wynn’s employees can be rewarded.
At Wynn, the bonus payment will be a combination of both cash (70%) and a stored value ‘Wynn Care Macau Pass’ consumption card (30%).
Meanwhile, in a statement issued by MGM, Pansy Ho, co-chairperson and executive director of MGM China Holdings Limited, was quoted as saying, “2020 was a year full of challenges. We thank our team members from the bottom of our hearts for staying united, as well as being loyal and contributing their best to the company.”
Last year, due to the economic effect of Covid-19, payment of the second bonus, which is usually given in July and August, was suspended.
Since the beginning of the pandemic, the city’s casino workers have been propelled into financial hardship, with many workers being laid off or furloughed.
Meanwhile, Lawrence Ho, chairman and CEO of Melco Resorts & Entertainment, said, “The year 2020 has certainly been challenging; affecting businesses and communities all around the world. We appreciate our colleagues’ every contribution during this difficult time.”
Earlier this month, SJM handed its discretionary bonus to its eligible employees.