![]() ![]() Suspend the employer match to 401(k) accounts. Reduce workweek hours for full-time, hourly employees to 32 hours weekly. Reduce pay for all salaried employees by 10 percent to 15 percent. "Everybody makes a little less money but everybody keeps their jobs," Wynn said.Īccording to a written statement, the company plans to: The decision affects employees at Wynn Las Vegas and Encore, a $2.25 billion resort that opened just six weeks ago.ĭuring a conference call, Wynn said the company will reduce spending on everything from energy to floral arrangements if it results in preserving existing jobs and insurance benefits. ![]() ![]() Luxury casino operator Steve Wynn on Tuesday announced plans to cut hours, salaries, bonuses and 401(k) contributions for thousands of his Las Vegas employees in an effort to stave off layoffs. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |