SUBSCRIBE: Newsletter

Human Resources

Toggle

Article

Year-end bonus for civil servants

Year-end bonuses: Singapore’s civil servants to get a month’s worth



Uncover and learn about complex HR innovation tools and strategies at Accelerate HR from Thailand's largest employers including Agoda, DKSH, Fonterra, FWD, Kasikornbank, Minor Food, Nissan Motor and more.
Happening in Bangkok on 26-27 November, early-bird tickets are still available.

Singapore’s civil servants are to get a year-end annual variable component (AVC) of one month, in the backdrop of the economy growing at a faster pace of 3.5% in the first three quarters of 2017 compared to 1.7% over the same period a year ago.

Further, for lower-wage civil servants, the minimum bonus amount has been pegged at S$1,800, which will benefit about 1,490 persons who earn less than $1,800 per month. For example, an officer earning a monthly salary of $1,500 will get a year-end AVC of $1,800, rather than just $1,500.

ALSO READ: Changes to security industry wages and overtime policies to benefit 34k staff

Together with the mid-year AVC of 0.5 month in July 2017, civil servants will receive a full-year AVC of 1.5 months in 2017. The payment (including the minimum payment) was decided in consultation with the public sector unions.

All civil servants will also get the non-pensionable annual allowance (NPAA) of one month, to be paid in December together with the AVC.

Photo / 123RF



Mark your calendars as the crowd's favourite candidate and employee experience conference, Talent Experience Forum is back!
Happening only in KL, Malaysia on 5 November. Register your seat early because you will be hearing top insights from C-suite and senior HR leaders from Dell, Digi, GoCar, IPG Mediabrands, Nestle, Tesco, Unilever and more.

Read More News

Trending