Galaxy Entertainment Group has announced a pay raise for over 95 per cent of its team members, effective from April 1.<\/p>\n\n\n\n\n\n\n\n
Macau.- Galaxy Entertainment Group (GEG)<\/strong> has formally 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, this salary hike will benefit approximately 98 per cent of GEG\u2019s workforce<\/strong>. <\/p>\n\n\n\n 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 \u2013 where applicable \u2013 are MOP16,000 or below. Qualifying recipients with a monthly base salary above MOP16,000 (about US$1990) will receive a 2.5 per cent salary increase.\u00a0<\/p>\n\n\n\n \u201cGalaxy Entertainment would like to thank all its team members for their efforts and contributions in the past year, and looks forward to working together with them to achieve another success,\u201d the company said.\u00a0<\/p>\n\n\n\n Last December, GEG appointed Francis Lui Yiu Tung as chairman of the board<\/a>. He succeeded his father, Lui Che Woo<\/strong>, the founder and chairman of GEG, who died on November 7<\/a> at the age of 95. Lui resigned from his role as deputy chairman, which he was appointed to in February 1997.<\/p>\n","protected":false},"excerpt":{"rendered":" Galaxy Entertainment Group has announced a pay raise for over 95 per cent of its team members, effective from April 1.<\/p>\n","protected":false},"author":226,"featured_media":26454,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Galaxy Entertainment Group (GEG), a Macau-based casino operator, has announced a pay raise for approximately 98% of its eligible workforce, effective April 1. This compensation adjustment, impacting team members at the senior manager grade and below, includes a fixed MOP600 increase for lower-earning staff and a 2.5% raise for those above MOP16,000 monthly. The move follows recent leadership changes within GEG.","focusai_entities":"Galaxy Entertainment Group, GEG, Francis Lui Yiu Tung, Lui Che Woo","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Financial Impact Analysis","query":"What is the projected impact of this compensation adjustment on Galaxy Entertainment Group's Q2 EBITDA margins and overall operational expenditure, considering the scale of the workforce affected and the competitive Macau market?"},{"label":"Competitive Labor Strategy","query":"How does this significant compensation adjustment by GEG influence the broader talent acquisition and retention strategies for other integrated resort operators within the highly competitive Macau labor market?"}],"footnotes":""},"categories":[157,16338],"tags":[29,229,23906],"class_list":["post-777022013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-casino","tag-gambling","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022013","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777022013"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022013\/revisions"}],"predecessor-version":[{"id":777022021,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022013\/revisions\/777022021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26454"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777022013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777022013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777022013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}