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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 |
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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 |
Bonus
1.0 + 13mth
4 eye treasurer... |
Where are those chopping hero?
On the serious note, shouldn’t exceed 1.5 which 0.5 June + 1 |
Hope it wont get delay like last year.
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what chopping hero?? Mind your words....
Confirm Dec Pay + 13mth + 1 month . After deducting 0.5mth in July. |
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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. |
This year trend seems to be donating eyeballs, so chopping heroes all MIA.
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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. |
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 |
You know 2.2% GDP is quarter right? The real year end GDP is full year, right?
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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” |
Was the announcement delayed last year that's why it was on Monday? Usually would be Friday?
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if get 1.0 for dec AVC, I will chop of my d***, take a photo and upload here.
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Dec Bonus
Bro,
Prepare to chop .. bro. Lol 1.0 + 13 th mth |
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0.7 months
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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
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Look out for news at 5pm today. Pls prepare ur chopper...😅
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5pm coming prepare to chop chop chop
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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. |
“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 |
Hearsay the announcement is next tue
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Confirm 1..
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Most likely 0.8 to 1
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All chop lor
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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/ |
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Just saying. :) |
News is out!!! 🙊
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