Asian casino giant Wynn Macau Limited has reportedly declared that it will be rewarding eligible employees at its Wynn Palace Cotai and Wynn Macau integrated casino resorts with a ‘winter bonus’ set to be equivalent to a full month’s salary.
Rewarding hard work:
According to a Tuesday report from GGRAsia, the Hong Kong-listed firm used an official filing to state that the payment is to be handed out later in the year to ‘nearly 96%’ of its 13,500-strong Macau workforce as a way to reward these staff members for all of their hard work during the second half of 2018.
Reportedly read the filing from Wynn Macau Limited…
“This bonus is being awarded to show the company’s appreciation to all team members for their hard work, commitment and loyalty during what has been a successful second half of 2018.”
Payment follows protests:
The revelation follows several union-organized protests in the former Portuguese enclave while Wynn Macau Limited, which is a subsidiary of Las Vegas-headquartered Wynn Resorts Limited, moreover reportedly explained that the upcoming payment will not apply to members of its senior management teams.
Wynn Resorts Limited has yet to release its full-year and fourth-quarter financial results while GGRAsia reported that the firm’s decision means that it has now become the third of the six licensed casino operators in Macau to announce details regarding a one-off monetary reward for non-management staff. MGM China Holdings Limited, which is a subordinate of MGM Resorts International and responsible for the MGM Macau and MGM Cotai venues, purportedly proclaimed earlier this week that it intends to pay out a ‘discretionary bonus’ to its own workers while rival Melco Resorts and Entertainment Limited prefaced this by heralding a one-month windfall that is due to be processed before the start of next month’s Chinese New Year.