Sands China Announces Bonus and Wage Increase for Team Members
(Macao,
Jan
18, 2019) –
Sands China Ltd. (HKEx:
1928) will pay a discretionary bonus to all
eligible full-time team members on Jan. 31,
2019, in recognition of their contributions
in 2018.
In addition, the company is adjusting the
wages of eligible team members effective
March 1, 2019, benefiting 99 per cent of
Sands China’s approximately 28,000 team
members.
On January 31, 2019, a discretionary bonus
equivalent to one month’s pay will be paid
to non-management team members who have been
with the company for one year or more. A
discretionary bonus will also be paid to all
management team members based on the
company’s Management Incentive Plan. Those
who have worked for Sands China for less
than one year will receive prorated bonuses
if they joined the company before October 1,
2018, and are still employed on January 31,
2019.
Effective March 1, 2019, an increase in
wages of MOP 600 per month will be paid
to eligible full-time team members who
earn MOP 13,000 or less per month
(before tax). This will result in an
effective pay increase for those team
members of between 4.6 and 6 per cent.
Eligible full-time team members earning
monthly salaries above MOP 13,000 will
receive a 2.5 per cent pay rise.
“Sands China is very pleased to announce
this discretionary bonus and wage adjustment
for our team members,” said Dr. Wilfred
Wong, president of Sands China Ltd. “Our
team members are the company’s greatest
asset and the key to our success, and each
and every one of them has my sincere
gratitude for their contributions in 2018.
As we mark the 15th anniversary of Sands
Macao later this year, I look forward to
working together with all our team members
to continue delivering outstanding guest
experiences and achieving more milestones.”
Photo caption:
Sands China
Ltd. is paying a discretionary bonus on Jan. 31, 2019, to
all eligible full-time team members. In addition, the
company is planning to adjust the wages of the majority of
its team members effective March 1, 2019.