MGM China has announced it will pay a discretionary bonus equivalent to one month’s salary during the Chinese New Year period in 2024 in a move it says will benefit more than 95% of its team members.
The company revealed that in celebration of MGM’s 16th anniversary, it recently held an anniversary ceremony for its team at MGM Grande Praça to thank staff for their years of dedicated service.
“MGM also announced [at the ceremony] that a discretionary bonus equivalent to one month’s salary will be paid to eligible team members as a recognition for their continued hard work in the past year,” MGM China said. “The discretionary bonus will be paid around the Chinese New Year of 2024, and over 95% team members will be rewarded.”
Pansy Ho, MGM China Chairperson and Executive Director said, “Over the past 16 years, MGM has been making many great moments and pioneering countless breakthroughs in Macau. All these achievements could only be made possible through the devotion of around 12,000 members of the Golden Lion team.
“As we are going to rejoice the 75th anniversary of the founding of the People’s Republic of China and the 25th anniversary of Macau’s return to the motherland in 2024, we are set for more development potential.”
Bill Hornbuckle, CEO and President of MGM Resorts International and Co-Chairperson and Executive Director of MGM China, added, “in 2023, we welcomed a year of robust recovery with our market share soaring to a record high. The team’s high competence, along with their striving for excellence, have all contributed to our remarkable results and impressive growth in such a short period of time.
“We are confident in the Macau market and will stay dedicated to fulfilling our development commitments to boost the city’s non-gaming elements and to attract more international visitors.”