GGRAsia – Macao op SJM confirms 2022 staff living allowance


Macao op SJM confirms 2022 staff living allowance

SJM Resorts SA, the Macau business unit of Hong Kong-listed casino company SJM Holdings Ltd, has announced that it will pay its eligible employees an “annual living subsidy” equivalent to “two months or 1.5 months. “salary. The grants will be paid in two equal installments in January and July respectively, with “the first installment due on January 6, 2021,” the company said in a statement Friday.

The statement quoted Daisy Ho Chiu Fung, chairman of the board, as saying that “thanks to the concerted efforts” and “tremendous support” from the group’s staff, “SJM has continued to make significant progress amid the pandemic.”

She added, “As a company firmly anchored in Macau, SJM stands in solidarity with the local community in opening a new chapter for Macau’s growth and development in the year to come.

The SJM press release did not specify which categories of employees were eligible for living allowances. The company operates the Casino Grand Lisboa (pictured) and the Lisboa Hotel-Casino on the Macau Peninsula and opened its Grand Lisboa Palace casino complex in Cotai on July 30.

A number of other Macau casino operators have also publicly pledged to provide some form of additional payment to the majority of their employees.

Wynn Macau Ltd announced on Friday a “Special allowance” to most of its 12,000 employees, payable Jan. 28.

Galaxy Entertainment Group Ltd said on Monday it would grant a “one-time special payment equivalent to one month’s salary ”to most of its staff.

Last week, MGM China Holdings Ltd announced a “one-off discretionary”Bonus to be paid to the majority of the group’s employees.

Sands China Ltd said in early December that it would give a “Discretionary allowance” equal to one month’s salary respectively to “over” 25,000 eligible “full-time team members”.


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