Wynn executives cut their salaries by 20% for 3 months

Wynn executives cut their salaries by 20% for 3 months your salary account. The COO, President/CFO and Vice President of Wynn voluntarily agreed to a 20% pay cut in the first three months of 2021. This should save a lot of money.fast pay casino The decrease will affect the annual salary, as a result of which the above executives will be entitled to $ 1,900,000 per annum, $ 1,140,000 and $ 665,000, respectively. These measures were taken in order to enable the company to recover from the negative effects of the coronavirus. A wave of refusals from part or all of the salaries by the heads of land-based casinos swept in the spring of 2020, when gambling establishments began to close. In March, Wynn already resorted to a similar measure, when, by cutting the salaries of the board of directors and top managers by 33% -100%, it was decided to compensate employees during downtime %s... Although then, in exchange for the lost funds, they received shares in the company.fastpay casino