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



"Informative, Interactive, Inspiring. The conference brings new ideas and insights about current issues in talent and HR management"
Join the seventh annual Talent Management Asia, Asia's leading HR strategy conference.
Register now for early-bird savings!

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

HR Masterclass from Human Resources magazine: High-level HR strategy training workshops
led by the world's most respected HR thought leaders & strategists.
Review the 2019 programme here »

Read More News

Trending