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-   -   Civil Service Year End Bonus 2018 (https://forums.salary.sg/income-jobs/11062-civil-service-year-end-bonus-2018-a.html)

Unregistered 22-11-2018 09:57 AM

Quote:

Originally Posted by Unregistered (Post 111803)
guess times have changed since the last few crises. recall 2007 being a good year. AWS was 2.5 that year.

errr. There is nothing wrong with that. AVC does not include AWS. I just went to track the bonuses. In 2007, mid year avc 0.5 + end year avc 1.0 + aws 1.0 = 2.5

The 1.5 ceiling i meant earlier was only for AVC, does not include AWS. The whole year bonus for civil servant is still 2.5, with 1.5 AVC ceiling and 1.0 AWS.

Source.
1) s://.psd.gov.sg/docs/default-source/module/press-release/press-release---2007-civil-service-mid-year-payment.pdf
2) s://.psd.gov.sg/docs/default-source/module/press-release/press-release---27-nov-2007-civil-servants-to-get-2-month-year-end-payment.pdf

Unregistered 22-11-2018 10:52 AM

Quote:

Originally Posted by Unregistered (Post 111800)
s://.straitstimes.com/business/economy/singapore-economy-grew-22-in-q3-less-than-expected-full-year-growth-forecast-at-3?utm_medium=Social&utm_campaign=STFB&utm_source=F acebook#Echobox=1542845211

2.2% growth on 3rd quarter.

0.6, min $1800 for low wage.

Unregistered 22-11-2018 11:02 AM

Quote:

Originally Posted by unregistered (Post 111810)
0.6, min $1800 for low wage.

🙄🙄🙄🙄 🙄🙄🙄🙄🙄🙄🙄

Unregistered 22-11-2018 11:06 AM

Quote:

Originally Posted by Unregistered (Post 111810)
0.6, min $1800 for low wage.

Lucky this is my first year, will get pro rated. It won't affect me so much. phew.

Unregistered 22-11-2018 12:40 PM

last year no sg bonus, this year got sg bonus also give less than last year ah. this year shld have more than last year what since sg bonus is because of having surplus..

so last year 1.0 this year at least 1.0 pls

Unregistered 22-11-2018 03:10 PM

Bonus
 
1.0 + 13mth
4 eye treasurer...

Unregistered 22-11-2018 03:15 PM

Where are those chopping hero?

On the serious note, shouldn’t exceed 1.5 which 0.5 June + 1

Unregistered 22-11-2018 03:17 PM

Hope it wont get delay like last year.

Unregistered 22-11-2018 03:48 PM

Quote:

Originally Posted by Unregistered (Post 111820)
Where are those chopping hero?

On the serious note, shouldn’t exceed 1.5 which 0.5 June + 1

got nothing to chop already that why all quiet :D

Unregistered 22-11-2018 04:00 PM

what chopping hero?? Mind your words....
Confirm Dec Pay + 13mth + 1 month . After deducting 0.5mth in July.

Unregistered 22-11-2018 05:52 PM

Quote:

Originally Posted by Unregistered (Post 111823)
what chopping hero?? Mind your words....
Confirm Dec Pay + 13mth + 1 month . After deducting 0.5mth in July.

lol @ confirm. Nothing is confirm until PSD releases its statement. If you refer to the MTI report published this morning, growth is only 2.2%. It is actually quite bad.

Unregistered 22-11-2018 09:41 PM

Quote:

Originally Posted by Unregistered (Post 111827)
lol @ confirm. Nothing is confirm until PSD releases its statement. If you refer to the MTI report published this morning, growth is only 2.2%. It is actually quite bad.

"Against this backdrop, the Singapore economy performed broadly in line with
expectations in the third quarter, with growth primarily supported by the finance &
insurance, manufacturing and business services sectors. Taking into account
Singapore’s GDP performance in the third quarter, GDP growth in the first three
quarters of the year came in at 3.6 per cent on a year-on-year basis.
For the remaining quarter of the year, Singapore’s GDP growth is expected to
moderate but remain firm. In particular, outward-oriented sectors such as the
manufacturing and finance & insurance sectors are expected to continue to expand,
albeit at a more moderate pace, and support GDP growth for the rest of the year.
Taking these factors into consideration, the 2018 GDP growth forecast for
Singapore is narrowed upwards to “3.0 to 3.5 per cent”, from “2.5 to 3.5 per cent”. "

Read the whole MTI report properly. It has narrowed up its GDP growth forecast. Means economy is maintained. Your bonus is paid by year, not quarter. A drop from quarterly 4.1% to 2.2% growth do not equate a bad year. The first half of the FY was very strong.

Unregistered 22-11-2018 10:01 PM

This year trend seems to be donating eyeballs, so chopping heroes all MIA.

Unregistered 22-11-2018 11:54 PM

I think the quantum is 0.8 month.

Reason: MTI's economic survey issued this morning project the whole year's growth as "between 3-3.5%". If one looks back at 2014, the same MTI's economic survey's projection also issued in November, it was quite close to the projection this time. In 2014 the AVC was 0.8 month

Of course, I hope the PSD announcement (coming out either tomorrow (Friday) or next Monday) proves me wrong and maintain 1 month AVC.

Bingo 23-11-2018 12:19 AM

2018 year end bonus
 
Year Mid bonus End year Forecast GDP End year Real GDP End year bonus
2014|0.5 2.1 2.9 0.8
2015|0.5 + 500 SG50 2 2.2 0.65
2016|0.45 2 1.5 0.5
2017|0.5 3.5 5 1
2018|0.5 2.5-3.5 2.2 Comfirm 0.5 or less

Unregistered 23-11-2018 07:35 AM

You know 2.2% GDP is quarter right? The real year end GDP is full year, right?

Unregistered 23-11-2018 08:36 AM

Quote:

Originally Posted by Unregistered (Post 111840)
You know 2.2% GDP is quarter right? The real year end GDP is full year, right?

For the quarter is 3%

Unregistered 23-11-2018 08:47 AM

Quote:

Originally Posted by Unregistered (Post 111823)
what chopping hero?? Mind your words....
Confirm Dec Pay + 13mth + 1 month . After deducting 0.5mth in July.

what is given is past, what deducting 0.5 rubbish are you talking about?
people are keen to know what is in their payroll in dec
mid year bonus is already given, how the gov want to phrase it to make it sounds good that it is a good payout to the world, seriously nobody will give a damn about it.
end of the day is what’s in for “me”

Unregistered 23-11-2018 11:10 AM

Was the announcement delayed last year that's why it was on Monday? Usually would be Friday?

Unregistered 23-11-2018 11:12 AM

if get 1.0 for dec AVC, I will chop of my d***, take a photo and upload here.

Unregistered 23-11-2018 11:33 AM

Dec Bonus
 
Bro,

Prepare to chop .. bro.

Lol

1.0 + 13 th mth

Unregistered 23-11-2018 11:42 AM

Quote:

Originally Posted by Unregistered (Post 111846)
Bro,

Prepare to chop .. bro.

Lol

1.0 + 13 th mth

******** lah bro. i dun tink is 1.0 leh last year Dec alrd 1 0. u tink they so nice want to give 1.0 twice in a row? somemore this year govn giving out SGbonus $$ alrd leh to all sporeans.

Unregistered 23-11-2018 12:42 PM

0.7 months

Unregistered 23-11-2018 01:25 PM

Quote:

Originally Posted by Unregistered (Post 111850)
0.7 months

Possible, but my guess is 0.8 :)

Unregistered 23-11-2018 02:32 PM

Quote:

Originally Posted by Unregistered (Post 111847)
******** lah bro. i dun tink is 1.0 leh last year Dec alrd 1 0. u tink they so nice want to give 1.0 twice in a row? somemore this year govn giving out SGbonus $$ alrd leh to all sporeans.

So many wanna chop, still got enough Dxxk to chop bo? talk like 100% sure.

Unregistered 23-11-2018 02:45 PM

The bonus always depends on the forecasted and the 3/4 real gdp. 3/4 real gdp is only 2.2% while the forecast was 2.5-3.5. And the bonus also depends on how much they have given in the mid year. The end year plus the mid year will not go above 1 if the real gdp for 3/4 is below the forecast gdp. So expect it to be 0.5 not more

Unregistered 23-11-2018 03:30 PM

Look out for news at 5pm today. Pls prepare ur chopper...😅

Quote:

Originally Posted by Unregistered (Post 111845)
if get 1.0 for dec AVC, I will chop of my d***, take a photo and upload here.


Unregistered 23-11-2018 03:40 PM

5pm coming prepare to chop chop chop

Unregistered 23-11-2018 03:56 PM

If it is 1.0, I will donate my foreskin.

If it is anything more than 1.0, I will chop my dick and donate to SPCA to feed the dogs.

Unregistered 23-11-2018 04:02 PM

“The bonus always depends on the forecasted and the 3/4 real gdp. 3/4 real gdp is only 2.2% while the forecast was 2.5-3.5. And the bonus also depends on how much they have given in the mid year. The end year plus the mid year will not go above 1 if the real gdp for 3/4 is below the forecast gdp. So expect it to be 0.5 not more”

2.2% is the actual quarter GDP. Forecast of 2.5 to 3.5 is the full year. They are 2 different things

Unregistered 23-11-2018 04:10 PM

Hearsay the announcement is next tue

Unregistered 23-11-2018 04:47 PM

Confirm 1..

Unregistered 23-11-2018 05:03 PM

Most likely 0.8 to 1

Unregistered 23-11-2018 05:04 PM

Quote:

Originally Posted by Unregistered (Post 111858)
5pm coming prepare to chop chop chop

Already 5pm liao... No news.

Unregistered 23-11-2018 05:05 PM

All chop lor

Unregistered 23-11-2018 05:09 PM

https://www.psd.gov.sg/press-room/pr...d-payment-2018

Unregistered 23-11-2018 05:17 PM

Quote:

Originally Posted by Unregistered (Post 111845)
if get 1.0 for dec AVC, I will chop of my d***, take a photo and upload here.

Quick! I want to see chopped d**k!

admin 23-11-2018 05:44 PM

All civil servants will get a total of 2 months of bonus at this year end. Read article here:

https://www.salary.sg/2018/civil-ser...2018-year-end/

Unregistered 23-11-2018 06:00 PM

Quote:

Originally Posted by Unregistered (Post 111845)
if get 1.0 for dec AVC, I will chop of my d***, take a photo and upload here.

https://www.channelnewsasia.com/news...-2018-10962350

Just saying. :)

Unregistered 23-11-2018 06:14 PM

News is out!!! 🙊


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