Just a day after implementing a major reshuffle of its board following the resignation of Chairman and CEO Steve Wynn, Wynn Macau has announced a salary increase for almost 98% of its staff.
The increase will see all employees earning MOP$16,000 (US$1,986) and below given a MOP$600 pay rise, equivalent to between 3.8% and 7.2%, while those earning more than MOP$16,000 will receive an average pay rise of 2.5%. Senior executives will not be eligible.
On Wednesday, Wynn Macau announced a board reshuffle that will see Wynn Resorts boss Matthew Maddox become CEO and Dr Allan Zeman appointed Non-executive Chairman following the resignation of founder Steve Wynn amid allegations of sexual misconduct.
As part of the newly arranged board, Executive Director and President Ian Coughlan and Chief Operating Officer Linda Chen retain their board positions while President of Wynn Las Vegas, Maurice Wooden, joins as a Non-executive Director.
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