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18-05-2011, 01:04 AM
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Quote:
Originally Posted by uturn
which are the companies that give out >3 months of bonuses? Come, lets share.
I know of Keppel and SIA |
my fren sembcorp marine 8.5 mths
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18-05-2011, 11:25 AM
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I'm management in a local bank. Got 11 months, up from 6 months last year. Before I was retrenched from a foreign bank in 2008, got 18 months some years.
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19-05-2011, 01:27 PM
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Don't join German coy if you can avoid it. The one I'm working for despite a booming economy last year paid only 1.5months on top of AWS. The year before that in 2009 0month, only AWS. Mind you, even in a recession year, company was still profitable and business volume grew 30% in 2009. The best ever was 2.5months in 2008. Sad story.
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19-05-2011, 02:01 PM
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ST Marine paid an average of 6.5 month bonus for year 2010. However, they only pay first year employees a fixed quantum and only pay the 2010 bonus in March 2011, meaning January, February and March 2011 have no bonus.
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19-05-2011, 03:42 PM
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Quote:
Originally Posted by Unregistered
ST Marine paid an average of 6.5 month bonus for year 2010. However, they only pay first year employees a fixed quantum and only pay the 2010 bonus in March 2011, meaning January, February and March 2011 have no bonus.
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Eg
if you join ST marine on 1st sept 2010, mean in march 2011, you will get the bonus, a pro-rated one.
1st sept till 31 dec 2010 = u work 3 months out of 12 months(full year), mean your bonus will be 3/12 or 25% of the average bonus pay out ie 25% of 6.5 month = 1.625 months of bonus.
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19-05-2011, 07:49 PM
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Quote:
Originally Posted by Unregistered
Eg
if you join ST marine on 1st sept 2010, mean in march 2011, you will get the bonus, a pro-rated one.
1st sept till 31 dec 2010 = u work 3 months out of 12 months(full year), mean your bonus will be 3/12 or 25% of the average bonus pay out ie 25% of 6.5 month = 1.625 months of bonus.
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thats common for ppl less than 1 yr of service... my coy also like that.
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22-05-2011, 04:54 AM
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Verified Member
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Join Date: May 2011
Posts: 12
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I know NOL bonus is minimum 10% of total annual package (13 month).
I think it comes out to less than 2months.
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Bonuses !!
