Wynn Macau follows its rival operators in rewarding non-senior management staff with a bonus .<\/p>\n\n\n\n\n\n\n\n
Macau.- Macau casino operator Wynn Macau Ltd will pay a \u201cwinter bonus\u201d to its non-senior management employees, a measure already taken by other operators in the industry<\/strong><\/em><\/a>. The bonus is equivalent to one month\u2019s gross salary, according to information provided to local press.<\/p>\n\n\n\n More than 97 percent of the firm\u2019s 13,700 workforce employed at both properties Wynn Macau, on the peninsula, and Wynn Palace, in the city\u2019s Cotai district, will receive the winter bonus.<\/p>\n\n\n\n \u201cThe bonus is being awarded to show the company\u2019s appreciation to all team members for their hard work and commitment during the second half of 2019,\u201d the casino operator said.<\/p>\n\n\n\n Casino operators Galaxy Entertainment Group Ltd<\/strong><\/em><\/a> and the Macau unit of SJM Holdings Ltd have also announced bonuse<\/a><\/strong><\/em>s<\/strong><\/em><\/a> for eligible employees.<\/p>\n","protected":false},"excerpt":{"rendered":" Wynn Macau follows its rival operators in rewarding non-senior management staff with a bonus .<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Wynn Macau Ltd is awarding a 'winter bonus' equivalent to one month's gross salary to over 97% of its non-senior management workforce, encompassing approximately 13,700 employees across its Wynn Macau and Wynn Palace properties. This compensation initiative follows similar actions by other prominent Macau casino operators, including Galaxy Entertainment Group and SJM Holdings. The company states the bonus is an appreciation for employee commitment during the second half of 2019.","focusai_entities":"Wynn Macau Ltd, Galaxy Entertainment Group Ltd, SJM Holdings Ltd, Wynn Macau, Wynn Palace","focusai_location":"Macau, Cotai","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.95), investor_analyst (0.9), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Bonus Impact on Margins","query":"What is the projected aggregate impact of these sector-wide bonus payouts on the Q4 2019 and Q1 2020 EBITDA margins for Macau's integrated resort operators?"},{"label":"Labor Market Implications","query":"How do these employee compensation strategies reflect the current labor market dynamics and talent retention challenges within the Macau gaming vertical?"}],"footnotes":""},"categories":[160,28,16338],"tags":[29,257],"class_list":["post-2179","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-east-asia-news","tag-casino","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=2179"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2179\/revisions"}],"predecessor-version":[{"id":2215,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2179\/revisions\/2215"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=2179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=2179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=2179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}