Monday, August 08, 2022

Wynn Macau announces 5 percent salary Increase


Wynn Macau announced a 5 percent salary increase, effective March 1, 2015, for all eligible employees of Wynn Macau and Wynn Palace, excluding senior management. Employees will receive a guaranteed annual bonus equating to two months’ salary, including their 13th month bonus paid in January and another bonus given in July. The bonus program will continue into 2017. “This increase is in addition to the 1,000 shares we granted to each of our employees, which now totals 8.3 million shares given since July 2014. These shares, including their annual dividends, represent an additional 10 percent increase in pay,” Steve Wynn added in a note. Wynn Macau was the first local operator to distribute shares across its workforce.  

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