Better than nothing

For anyone lesser than 4k, the 200 payment makes it lore than 0.5x bonus! Huat ah!!

Civil Service Bonus Mid-2019
 

Every civil servant will get a mid-year AVC bonus of 0.45 month along with a lump sum payment of $200 for all civil servants. AVC is the acronym for Annual Variable Component.

See also:
https://www.salary.sg/2019/civil-ser...onus-mid-2019/

So so lor.

pl dont say 'so so. you should thank your lucky stars, it is not nothing

last year is 0.5mth + $300

Is quite high considering the GDP numbers and retrenchment numbers. Elections coming.

People in the banking are getting so much more.

No lah. Banking quite jia lat. Retrenchment on the horizon.

Private sector is the place to go for big money and bonuses. MD in bank vs civil service super scale, MD wins hands down.

Year end bonus will revise down one. Mid year is not indicative of the true picture.

This is true for most private sector jobs you get into the right company and role.

Some people will argue that civil service is stable and you dont have to worry about retrenchment in your 30s to 50s.

My personal opinion is not to start off at civil service when you are young. Your earning potential is the greatest from 20s to 40 yrs old.

It is important take some risks and not be fearful of retrenchment.

My company pays well but is always restructuring. Redundancy package is also good.

if election is coming n they cant even maintain from last year.. shows alot lol

Bro if too high then opposition will say now ordinary citizen austerity Liao, you civil servant still dare to 0.5 mth in such a grim outlook?

If you put at 0.3 mth then the civil servant not happy.
0.4 to 0.45 is optimal.

Say got decreased growth, but still confident of future.

Very well thought out.

Just to further clarify. If a person resign in first week of July , and last day of service is 2 August, will he/she be eligible for mid-year bonus?

My hr portal document say that service needs to be till end 31st July.
Not sure if it's different for other stat bds

There are so many super scalers. Each company has one MD right? You should compare MD with PS. Entry level superscalers should be compared with department head. Eg VP of Marketing, VP of Sales etc.

Best job is non-head super scalers. Those "2Director", "Senior Advisor", "Senior DD". Remuneration vs responsibility really mismatch.

How about Ministries?

my ministry also has a memo on it that says MYB will come in july's paycheque and need to stay until 31 july.

SOP is tender on 1 Aug. 100% safe.

Tender on 1 August means last day on 1 September? or do you mean last day of service is 1 August?

Mid year bonus .
 

Am working for singhealth .everyyear mid year bonus in June but this year in July.anyone else have same changes.

End of year bonus 2019
 

Any guesses what end of year bonus will be like?

I have 2 conflicting guesses.

Bad bonus cos of recent economic collapse in Singapore;
Good bonus cos of soon election.

You think?

I think you think too much.

Tiagong 0.2 month

Likely to be 0.5

Chia lat.

Straits Times just reported 2019 growth cut to 0.5% by IMF. Last year it was 3+% and year end bonus was 1mth.

For 0.5% growth, if you divide 1month by 6 or 7, you get 0.1 to 0.16 months of year end bonus.

Sorry no Christmas presents for friends and family this year.

Prolly ard 0 6 to 0.7

Totally wrong. I got insider news, they are looking at 0.6-0.7

You could be right. Its a reasonable estimate. Even during the last recession in 2009, we got 0.25, so a 0.1 is highly unlikely

Don't overspend

Will the merit increment and merit bonus be affected by the weak economy? Sorry for asking such a newbie question.

Most likely

When will announcement be out?

Should be end of nov

Hi
 

Should be third week of nov. anyway is lower than last yr end bonus by .5%

0.95? A tad too high i think. But wouldnt complain if it turns out to be true.

Ok lo, 0.95 vote incumbent. Below that vote any alternatives.

likely 0.5 months