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Old 24-01-2007, 09:14 PM   #1 (permalink)
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Hi all,

Interesting fact and I think that we have been short changed.

Let me tell you a story about 13-month bonus......


Why there is a 13-month bonus when it is really isn't a bonus?

The mystery is finally revealed! When the British were in Singapore , they were being paid weekly & they argued that Singaporeans were actually being cheated into believing that the 13th month pay is a bonus.

Singaporeans are being paid monthly which is equivalent to 4 weeks pay coz there are 4 weeks in a month. As the British were paid weekly, it worked out to the same. You see, there are 7 days in a week. 4 weeks in a month. 12 months in a year. Then 12 months should work out to 48 weeks only.

But 1 year actually has 52 weeks!!! Hence the 13th month is your own pay not bonus??!!). So, the British argued that there is in fact no
bonus at all???

It is a very simple calculation that stunned many!!!!
BONUS??? What bonus??? .

Now you understand ?

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Old 24-01-2007, 09:26 PM   #2 (permalink)
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Similar thread: http://www.sgclub.com/singapore/bonus_2666.html

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Old 24-01-2007, 09:28 PM   #3 (permalink)
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Quote:
Originally Posted by DJ Jabroni
Hi all,

Interesting fact and I think that we have been short changed.

Let me tell you a story about 13-month bonus......


Why there is a 13-month bonus when it is really isn't a bonus?

The mystery is finally revealed! When the British were in Singapore , they were being paid weekly & they argued that Singaporeans were actually being cheated into believing that the 13th month pay is a bonus.

Singaporeans are being paid monthly which is equivalent to 4 weeks pay coz there are 4 weeks in a month. As the British were paid weekly, it worked out to the same. You see, there are 7 days in a week. 4 weeks in a month. 12 months in a year. Then 12 months should work out to 48 weeks only.

But 1 year actually has 52 weeks!!! Hence the 13th month is your own pay not bonus??!!). So, the British argued that there is in fact no
bonus at all???

It is a very simple calculation that stunned many!!!!
BONUS??? What bonus??? .

Now you understand ?
GOSH! Now that you mentioned it, WE ARE INDEED SHORT-CHANGED!!! Damn!!! >.<

I think work part-time better lol...

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Old 25-01-2007, 12:51 PM   #4 (permalink)
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lol... blur.. hahah like that also can..

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Old 26-01-2007, 09:55 AM   #5 (permalink)
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hha i posted tis b4 liao :p

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Old 26-01-2007, 10:11 AM   #6 (permalink)
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Read this some time back...

Ever since then, I've always treated the 13 month bonus as a standard-to-have money. I never see it as a bonus anymore.

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Old 26-01-2007, 10:58 AM   #7 (permalink)
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haha ... icic
tts the reason ...
but i tot bonus is more den 1 month salary de ?

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Old 26-01-2007, 11:10 AM   #8 (permalink)
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The extra bonus is called a variable bonus.
But different companies have different terms and bonuses.

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