Quote:
Originally Posted by Unregistered
Hihi noticed some posts mentioning compensation include bonuses. Do ministries or stat boards usually offer packages including bonuses in their offers? Curious to know as not from public sector...
Also, are there variations across the different stat boards based on latest info?
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If you read through this thread, you'll find the info quite easily. In short, the HR of public agencies usually ask candidates to see the offered pay as a 16 month package. I.e. if you are offered 5k, your annual will be about 16 x 5. This is because bonuses in the civil/public sector are more predictable than the private section, as govt-entities do not depend on profitability. Why 16 months?
12 months - regular monthly pay
1 month - AWC (confirmed)
Performance bonus - 1-4 months, depending on performance grade (A/B/C) and substantive grade (Manager, senior manager etc).
Mid-year bonus: 0 - 0.5 month
End-year bonus: 0 - 1 month
The annual package may differ for specialised/professional schemes like lawyers, engineers, bankers. But by and large, for general/non-profession, non-tech, the 16 month benchmark is quite a reliable gauge.
Hope this helps.