{"id":777012439,"date":"2024-01-16T09:57:59","date_gmt":"2024-01-16T12:57:59","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777012439"},"modified":"2026-04-22T13:59:34","modified_gmt":"2026-04-22T16:59:34","slug":"mgm-china-announces-a-salary-hike-for-employees","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/mgm-china-announces-a-salary-hike-for-employees","title":{"rendered":"MGM China announces a salary hike for employees"},"content":{"rendered":"\n<p>MGM China has decided to reward 99 per cent of its team with salary hikes, effective from March 25.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-&nbsp;<strong>MGM Chin<\/strong>a has issued a company filing announcing a salary adjustment plan, set to take effect on March 25, to recognize the workforce&#8217;s dedication and valuable contributions to the organization.<\/p>\n\n\n\n<p>According to the company, 99 per cent of its team members are poised to reap the benefits of the salary increment.<\/p>\n\n\n\n<p>For team members earning a monthly salary of MOP16,000 or less, a standard salary adjustment of MOP600 will be applied. Simultaneously, those earning above MOP16,000 monthly are in line for a 2.5 per cent pay raise. Notably, the percentage increase is scaled, ranging from 2.5 per cent to 6.5 per cent, contingent upon the individual&#8217;s base salary.<\/p>\n\n\n\n<p>Earlier this month,\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/mgm-china-grants-annual-bonuses-for-staff\" target=\"_blank\" rel=\"noreferrer noopener\">MGM China<\/a>\u00a0announced it would give a one-time discretionary bonus equivalent to a month\u2019s salary to<strong>\u00a0more than 95 per cent of its employees<\/strong>. The payout is scheduled for around the Chinese New Year on February 10.<\/p>\n\n\n\n<p><strong>See also:<\/strong>&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/mgm-china-denies-rumours-of-shareholding-reduction\" rel=\"noreferrer noopener\">MGM China denies rumours of shareholding reduction<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MGM China has decided to reward 99 per cent of its team with salary hikes, effective from March 25.<\/p>\n","protected":false},"author":176,"featured_media":17968,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"MGM China has announced a comprehensive salary adjustment plan, effective March 25, benefiting 99% of its workforce in Macau. This follows an earlier announcement of a one-time discretionary bonus equivalent to a month's salary for over 95% of employees, scheduled for payout around Chinese New Year.","focusai_entities":"MGM China","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), investor_analyst (0.95), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Impact on EBITDA Margins?","query":"What is the projected impact of these salary adjustments and bonuses on MGM China's Q1\/Q2 EBITDA margins and overall operational expenditure for FY2024?"},{"label":"Competitor Response Analysis?","query":"How might this compensation strategy influence the competitive landscape for talent acquisition and retention among other Macau concessionaires, potentially triggering similar industry-wide adjustments?"}],"footnotes":""},"categories":[157,16338],"tags":[1618],"class_list":["post-777012439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-mgm-china"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012439","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777012439"}],"version-history":[{"count":1,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012439\/revisions"}],"predecessor-version":[{"id":777012440,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012439\/revisions\/777012440"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17968"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}