SJM Holdings Ltd. has announced a pay rise for next year of 5 percent to 10 percent.

The percentage of the increase is based on salaries, with employees with lower salaries getting higher raises. All SJM workers are entitled to the salary increase.

All employees will also receive a bonus for the year of 2011.

Those with a monthly salary of MOP10,000 or below will receive 150 percent of a month’s salary. Other employees will receive a bonus of one month salary which will not be less than MOP15,000.

Other welfare optimization measures and a new rewarding system will also be implemented starting next month.

Those include an increase in annual leave entitlement, meal allowance and rewarding employees that don’t take any sick leave.

“With the implementation of the salary increase, bonus payout, welfare optimization and new rewarding system, we express our gratitude towards our employees and enhance the team spirit and loyalty,” said Louis Ng, SJM’s director and chief operating officer.