The company announced its support for the programs started by Macao University of Science & Technology (MUST) and Macao Technology Committee (CTT). Called the "Fast Track Promotional Program," the program looks to cultivate and develop local management talent.
Beginning this week, the schools have begun a three-month study program designed to equip its participants with valuable business skills and relevant technical knowledge, as well as provide comprehensive leadership and management training. Employees who successfully complete the program are guaranteed a promotion at City of Dreams or Crown Macau, the two properties owned by Melco Crown Entertainment.
The promotions will be based on management allocation, together with an increased salary on an annualized basis, the company said.
Lawrence Ho, co-chairman with James Packer in Melco, said, "Over the years, we have sought to develop innovative training opportunities for our staff. By training and promoting talent from the local workforce, we aim to localize our core management structure in the long run."