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Old 22-11-2006, 08:27 PM   #1 (permalink)
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Default Civil servants to get 2.2 months year-end bonus



SINGAPORE : Singapore's civil servants will get a total of 2.2 months year-end bonus this year.

This means apart from the 13th month payment, they will also be getting a year-end annual variable component of one month and a special bonus of 0.2 months.

In July this year, the government paid civil servants a mid-year annual variable component of 0.5 month and a one-off payment of $220.

This in line with the call by the National Wages Council for employers to help low wage workers.

The total variable payment for this year is 2.7 months and $220 compared to 2005's 2.15 months and $200.

The Public Service Division (PSD) says the economy has shown better performance than anticipated this year.

The latest GDP growth forecast by the Ministry of Trade and Industry is 7.5 to 8.0%.

On the labour front, the unemployment rate has fallen from 3.2% last year to 2.7%.

A record high of 123,100 jobs were created in the first 9 months of this year, the highest number of jobs created in a decade.

And preliminary market data indicate that wages in some private sector jobs have shown a significant increase this year.

PSD adds that with steady economic growth expected next year, private sector salaries are expected to continue to rise and this trend is already having an impact on civil service recruitment and retention.

The year-end 2.2 months payout is therefore a reflection of this year's strong economic performance and the tighter labour market situation.

Meanwhile, NTUC's Assistant Secretary General, Mdam Halimah Yacob says the higher annual variable component augurs well for civil servants, especially the lower and middle-income civil servants.

She says it highlights the fact that a stronger economy will benefit workers as it translates into higher bonus payments.

Madam Halimah stresses that this will serve as a motivation for workers and the tripartite partners to work even closer together to boost Singapore's economy. - CNA

http://www.channelnewsasia.com/stori...242897/1/.html

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Old 22-11-2006, 10:05 PM   #2 (permalink)
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I am not under gov sector.. haiz

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Old 23-11-2006, 11:47 AM   #3 (permalink)
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me too.. not under gov sector.. dunno will have 2.2mth bounus or not..

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Old 23-11-2006, 12:08 PM   #4 (permalink)
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my ideal job is to work for the govt. and i haven't found it. *sigh*

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Old 24-11-2006, 01:10 PM   #5 (permalink)
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Perks of working for the govt, you're secured with a bonus. ;p

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Old 24-11-2006, 04:51 PM   #6 (permalink)
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Great news~~

I have got 1.5 mth bonus~ but compared to the government sector, haiz~

at least have something lah otherwise i will go bang wall de

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Old 24-11-2006, 04:55 PM   #7 (permalink)
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Quote:
Originally Posted by deedee
my ideal job is to work for the govt. and i haven't found it. *sigh*
bonus bigger.. but basic vy little le....so even out by per mth..
its e same as pte setor

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Old 24-11-2006, 04:58 PM   #8 (permalink)
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variable bonus 2.2mth alot?

i got 3mths variable bonus from my company in july =X

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Old 25-11-2006, 01:23 PM   #9 (permalink)
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Quote:
Originally Posted by eeyorex
variable bonus 2.2mth alot?

i got 3mths variable bonus from my company in july =X
so yaya hor...

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Old 26-11-2006, 06:37 PM   #10 (permalink)
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-sigh.. should hav join the govt sector...:disgust2:

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Old 26-11-2006, 08:05 PM   #11 (permalink)
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I going to get private qualification... cannot work for govt unless I start with diploma holder's pay. -_-

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