Wynn announces 5 percent salary increase

Wynn Resorts Ltd. Chief Executive Officer and Billionaire Steve Wynn News ConferenceWynn Macau has announced a 5 percent salary increase, effective March 1, for all eligible employees (excluding senior management) of Wynn Macau and Wynn Palace. According to a press release issued by the company, those who benefit from the wage increase represent close to 98 percent of the current 8,100-strong workforce. Employees will also receive a guaranteed annual bonus worth two months’ salary, including their 13th month bonus paid in January and another bonus given in July. This bonus program will continue into 2017. “While the market has recently come under some pressure, we believe that with the  cooperation and support of the Macau SAR Government, the future of Macau will be even brighter than the past,” said Steve Wynn, chairman and CEO of Wynn Resorts.

Categories Macau