There are now four casino operators that will give their employees a pay rise this year.
Macau.- SJM Resorts and Melco Resorts & Entertainment have announced a salary increase for their employees, which will take effect on April 1.
SJM Resorts said the increase will benefit approximately 99 per cent of the workforce. Employees earning a monthly salary of MOP16,000 (US$1,995) or below will receive a salary increase of MOP600 (US$75), and those earning above MOP16,000 (US$1,995) will get a 2.5 per cent salary boost.
Daisy Ho, managing director of SJM, said: “SJM progressed steadily throughout 2024. We deeply appreciate the dedication and hard work of our team members and are pleased to announce a salary increase for all eligible employees.
“As we step into the new year, SJM will continue working hand in hand with our team to pursue high-quality development, achieve new milestones across various domains, support Macau’s moderate economic diversification and create value for the community.”
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Melco Resorts’ eligible full-time non-management employees who are currently earning a monthly base salary (including tips) of up to MOP16,000 (US$1,995) will receive a monthly pay increase of MOP600 (US$75), which represents an increase of 3.8 per cent to 6.5 per cent. Meanwhile, those earning over MOP16,000 will earn a 2.5 per cent salary increase.
Lawrence Ho, Melco’s chairman and CEO, said: “We sincerely appreciate the dedication and continuous hard work of our Colleagues. In recognition of their efforts, we are pleased to reward the team by sharing the gains to express our gratitude for their unwavering support. We look forward to reaching new heights together in the future.”
Last week, Galaxy Entertainment Group (GEG) also announced a pay raise set to take effect from April 1, extending to eligible team members at the senior manager grade and below. According to the company, the salary hike will benefit approximately 98 per cent of GEG’s workforce.
The casino operator revealed those eligible, and who joined the company before January 1 this year, will get MOP600 (about US$75) extra if their monthly base salary and guaranteed tips – where applicable – are MOP16,000 or below. Qualifying recipients with a monthly base salary above MOP16,000 (about US$1,990) will receive a 2.5 per cent salary increase.
Sands China also announced a salary increase for employees. Starting on March 1, salaries will increase by 2.5 to 5 per cent, depending on pre-tax monthly wages. Those earning up to MOP16,000 will receive a pay rise of MOP600. Those with higher salaries will see a 2.5 per cent increase. Employees who have been with the company for one year or more will receive a discretionary bonus equal to one month’s pay. This bonus will be paid on January 27 to non-management team members.
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There are now four casino operators that will give their employees a pay rise this year. Macau.- SJM Resorts and Melco Resorts & Entertainment have announced a salary increase for…
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