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Sands China Announces Salary Increase for All Employees

Travel News Asia Latest Travel News Podcasts Videos Thursday, 27 January 2011

Sands China has announced that all eligible Sands China full-time employees are entitled to a salary increase of 4.5% effective on 1 March 2011.

The move follows the salary review exercise of a 3.5% increase for all 14,500 full-time employees in the third quarter of 2010. The company has now completed two salary adjustments in less than 9 months which accounts for an 8% increase in less than a year.

“Our Chairman Mr. Sheldon Adelson and senior management of Sands China Ltd are extremely pleased with the dedication and commitment of our team members who contributed to the great success of the Company in the past year. With their selfless team effort, they offer the best service to our customers. These team members have made our three properties - The Venetian Macao, Sands Macao and The Plaza Macao - enjoyable and fantastic places to visit. The Company appreciates their efforts, and these salary adjustments demonstrate our recognition and commitment to all of them and to the community of Macau,” said Mr. Edward M. Tracy, President and Chief Operating Officer of Sands China Ltd.

In addition to the salary adjustments, the company has announced to all eligible employees that the bonus payout for the year of 2010 will be issued on 9 February 2011.

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