Salary.sg Forums

Salary.sg Forums (https://forums.salary.sg/)
-   Income and Jobs (https://forums.salary.sg/income-jobs/)
-   -   Civil Service Year End Bonus. (https://forums.salary.sg/income-jobs/4726-civil-service-year-end-bonus.html)

temp111 25-11-2014 01:11 AM

Quote:

Originally Posted by Unregistered (Post 59208)
Ok, heard from my source...Dec is 3.5 incl salary so variable is 1.5. Tmr will announce.

Ur source from where one??? Lol

Unregistered 25-11-2014 07:23 AM

Quote:

Originally Posted by Unregistered (Post 59213)
it is good to have dream but sometimes ridiculous dream hurts when one is awake in the morning :D

We will find out today lor...wait and see

Unregistered 25-11-2014 08:03 AM

Quote:

Originally Posted by Unregistered (Post 59217)
dun bruff me leh

Minus 0.5 July payout . Dec will be 1 month confirmed.

Total will be 0.5+1 + 1 = 2.5mth for civil servant

Good luck

Unregistered 25-11-2014 10:34 AM

553
 
Quote:

Originally Posted by Unregistered (Post 59225)
Minus 0.5 July payout . Dec will be 1 month confirmed.

Total will be 0.5+1 + 1 = 2.5mth for civil servant

Good luck

3 Qtr GDP is out this morning.

Most likely the AVC will between 0.8-1 month.

Unregistered 25-11-2014 11:38 AM

1.1 confirmed

Unregistered 25-11-2014 11:47 AM

Quote:

Originally Posted by Unregistered (Post 59230)
1.1 confirmed

you did not put a guarantee plus chop. how you expect others to believe you. or next time, you can just put 'I guess' mah.

Unregistered 25-11-2014 12:23 PM

Based on historical trend, announcement will be made on a Thursday.

Unregistered 25-11-2014 12:40 PM

Everybody here bull ****.
What is "confirmed"? All speculations.

There's not direct correlation between GDP and your bonus.
There are other factors.

Confirmed? Chop? All bull ****.

Unregistered 25-11-2014 01:10 PM

Quote:

Originally Posted by Unregistered (Post 59232)
you did not put a guarantee plus chop. how you expect others to believe you. or next time, you can just put 'I guess' mah.

Yeah lor, you dunno meh? no chop no count!

Unregistered 25-11-2014 01:12 PM

lol... im the one that said 1.1 and 1.5 confirmed,and im not even in civil services.

jus think this thread is incredibly stupid. y would anyone bother to speculate the year end bonus that nobody is supposed to know until it is announced? whats worst, from some anonymous poster on the internet.

Unregistered 25-11-2014 02:25 PM

rumours in PSD that it will be ~1.5 this year

Unregistered 25-11-2014 02:30 PM

Rumours from finance and top mgmt is also 1.5 over at my end.

Unregistered 25-11-2014 02:46 PM

Have a feeling, 3months for the whole year. Hopefully, a growth bonus to add in also.

Unregistered 25-11-2014 03:25 PM

just checked with my.. umm.. sources..
1.8.. confirm guarantee chop

believe this. cuz its on the internet.

Unregistered 25-11-2014 03:36 PM

just checked with my SLT. Possibility of 2.25 months.

Unregistered 25-11-2014 03:42 PM

Neyworse the
 
What rubbish

All these ppl anyhow chop

Unregistered888 25-11-2014 03:46 PM

Just check with my PM, 8 months all in. swee la!

Unregistered 25-11-2014 03:47 PM

My father said it'll be about 1.736 months year end bonus ex. 13th month. My father is lee hsien yang.

Unregistered 25-11-2014 03:47 PM

My mother is anwar, she said it'll be lower than malaysia's which is 2.012 months.

Unregistered 25-11-2014 04:23 PM

$$$
 
Civil Service Payments


Year End Annual Variable Component of 2.0-month for all civil servants

The Singapore economy grew by 4.9% on a year-on-year basis in the fourth quarter of 2014, unchanged from the growth recorded in the preceding quarter. Global economic growth is expected to improve in 2015, supported by continued recovery in the US and the Eurozone.

In Asia, while the ASEAN economies are likely to remain resilient, China’s growth is expected to moderate slightly in 2014. Amidst this global backdrop, the Ministry of Trade and Industry forecasts GDP growth of 2% to 4% for 2014. Nevertheless, downside risks remain, such as monetary conditions in the US tightening faster than expected. The overall unemployment rate in Singapore remained low at 2.1% in March 2014.

Against this backdrop, the Government has decided to pay a year-end Annual Variable Component (AVC) of 2.0-month.

The Government also supports the National Wages Council’s (NWC) recommendation to grant a dollar-for-dollar Growth Bonus to all civil servants. This is over and above the 13th month wage supplement.

The AVC and the Growth Bonus will be paid in December 2014.

The year-end payments were decided in consultation with the public sector unions.

Unregistered 25-11-2014 04:36 PM

saybrook aciabod
 
Quote:

Originally Posted by Unregistered (Post 59257)
Civil Service Payments


Year End Annual Variable Component of 2.0-month for all civil servants

The Singapore economy grew by 4.9% on a year-on-year basis in the fourth quarter of 2014, unchanged from the growth recorded in the preceding quarter. Global economic growth is expected to improve in 2015, supported by continued recovery in the US and the Eurozone.

In Asia, while the ASEAN economies are likely to remain resilient, China’s growth is expected to moderate slightly in 2014. Amidst this global backdrop, the Ministry of Trade and Industry forecasts GDP growth of 2% to 4% for 2014. Nevertheless, downside risks remain, such as monetary conditions in the US tightening faster than expected. The overall unemployment rate in Singapore remained low at 2.1% in March 2014.

Against this backdrop, the Government has decided to pay a year-end Annual Variable Component (AVC) of 2.0-month.

The Government also supports the National Wages Council’s (NWC) recommendation to grant a dollar-for-dollar Growth Bonus to all civil servants. This is over and above the 13th month wage supplement.

The AVC and the Growth Bonus will be paid in December 2014.

The year-end payments were decided in consultation with the public sector unions.


applauded....in your dream

Unregistered 25-11-2014 04:45 PM

Wow gahmen so generous this year?

We all huat big big!!!!!!

HUAT AH!!!!!

Unregistered 25-11-2014 04:45 PM

Civil Service Year-end Payments



Civil Servants to get year-end AVC of 1.5 months with lower-wage officers getting at least $1,800


The Singapore economy grew by 2.8 per cent on a year-on-year basis in the
third quarter, higher than the 2.3 per cent growth in the preceding quarter. On
a quarter-on-quarter seasonally-adjusted annualised basis, the economy
expanded by 3.1 per cent, a reversal from the 0.3 per cent decline in the
previous quarter.

Against this economic backdrop, civil servants will get a year-end Annual Variable Component (AVC) of 1.0 months, with lower-wage officers getting an AVC of at least $1,500. This signals the Government’s continued commitment to help lower-wage workers.

The year-end AVC payment was decided in consultation with the public sector unions.

All civil servants will also get the Non-Pensionable Annual Allowance (NPAA) of 1 month, to be paid in December along with the AVC.

Unregistered 25-11-2014 05:00 PM

Quote:

Originally Posted by Unregistered (Post 59260)
Civil Service Year-end Payments



Civil Servants to get year-end AVC of 1.5 months with lower-wage officers getting at least $1,800


The Singapore economy grew by 2.8 per cent on a year-on-year basis in the
third quarter, higher than the 2.3 per cent growth in the preceding quarter. On
a quarter-on-quarter seasonally-adjusted annualised basis, the economy
expanded by 3.1 per cent, a reversal from the 0.3 per cent decline in the
previous quarter.

Against this economic backdrop, civil servants will get a year-end Annual Variable Component (AVC) of 1.0 months, with lower-wage officers getting an AVC of at least $1,500. This signals the Government’s continued commitment to help lower-wage workers.

The year-end AVC payment was decided in consultation with the public sector unions.

All civil servants will also get the Non-Pensionable Annual Allowance (NPAA) of 1 month, to be paid in December along with the AVC.


u best man. starting of paragraph avc 1.5...ending become 1.0. lucky u nt govt.

Unregistered 25-11-2014 05:02 PM

Civil Service Year-End Payment

Civil servants to get year-end AVC of 0.8 month with lower-wage officers getting at least $1,200

The Ministry of Trade and Industry has forecast that GDP growth will come in at around 3.0% for the full year. This represents a narrowing of the previous GDP forecast of 2.5% to 3.5% announced in August. Growth for the year is expected to be supported primarily by externally-oriented sectors such as manufacturing, wholesale trade and finance & insurance services, while domestically-oriented sectors such as business services are expected to remain resilient. The job market remained tight in the third quarter of 2014, as unemployment stayed low and steady, with employment growth matching the previous quarter.

Against this backdrop, civil servants will be paid a year-end Annual Variable Component (AVC) of 0.8 month, with lower-wage officers getting an AVC of at least $1,200. This signals the Government’s continued commitment to help lower-wage workers.

Some 980 civil servants will benefit from the minimum AVC payment of $1,200. For example, an officer earning a monthly salary of $1,200 will get a year-end AVC of $1,200. This is $240 more than what he would get at 0.8 month of his monthly salary (which would have been $960).

The year-end AVC payment was decided in consultation with the public sector unions.

All civil servants will also get the Non-Pensionable Annual Allowance (NPAA) of 1 month, to be paid in December together with the AVC.

Unregistered 25-11-2014 05:06 PM

0.8 (guess all the so called sources are faked)


Quote:

Originally Posted by Unregistered (Post 59263)
Civil Service Year-End Payment

Civil servants to get year-end AVC of 0.8 month with lower-wage officers getting at least $1,200

The Ministry of Trade and Industry has forecast that GDP growth will come in at around 3.0% for the full year. This represents a narrowing of the previous GDP forecast of 2.5% to 3.5% announced in August. Growth for the year is expected to be supported primarily by externally-oriented sectors such as manufacturing, wholesale trade and finance & insurance services, while domestically-oriented sectors such as business services are expected to remain resilient. The job market remained tight in the third quarter of 2014, as unemployment stayed low and steady, with employment growth matching the previous quarter.

Against this backdrop, civil servants will be paid a year-end Annual Variable Component (AVC) of 0.8 month, with lower-wage officers getting an AVC of at least $1,200. This signals the Government’s continued commitment to help lower-wage workers.

Some 980 civil servants will benefit from the minimum AVC payment of $1,200. For example, an officer earning a monthly salary of $1,200 will get a year-end AVC of $1,200. This is $240 more than what he would get at 0.8 month of his monthly salary (which would have been $960).

The year-end AVC payment was decided in consultation with the public sector unions.

All civil servants will also get the Non-Pensionable Annual Allowance (NPAA) of 1 month, to be paid in December together with the AVC.


Unregistered 25-11-2014 05:08 PM

https://www.psd.gov.sg/content/psd/e...ember2014.html

Unregistered 25-11-2014 05:11 PM

I heard could be $50, in view of SG50 celebration.

admin 25-11-2014 05:14 PM

1.8 months this year end. Total this year is 2.3 months.

See:
Civil Service Bonus End-2014 | Salary.sg - Your Salary in Singapore

Unregistered 25-11-2014 05:32 PM

Haha

Worse than expected. We in the pte sector can get much more.

Unregistered 25-11-2014 05:43 PM

Quote:

Originally Posted by Unregistered (Post 59269)
Haha

Worse than expected. We in the pte sector can get much more.

How much can u get?

Unregistered 25-11-2014 06:19 PM

They owe us 0.2 months this year. Next year, unless it is paid back as year old no variable bonus = 1 month + 0.2 (owed from 2014) + 0.2 months (2016 election sweetener), we should help to ensure aljuneid remains "unrepentant".

Unregistered 25-11-2014 06:36 PM

entering my 2nd interview with a stat board.
just curious, do these bonuses apply to stat boards?

Unregistered 25-11-2014 08:46 PM

Quote:

Originally Posted by Unregistered (Post 59277)
They owe us 0.2 months this year. Next year, unless it is paid back as year old no variable bonus = 1 month + 0.2 (owed from 2014) + 0.2 months (2016 election sweetener), we should help to ensure aljuneid remains "unrepentant".

this is one of the dumbest post I've ever seen. the usual avc is 1 mth. just because 2013 was 1.5 and 2014 1.3 the govt owes u 0.2? why not say that u owe the govt 0.8?

Unregistered 25-11-2014 10:26 PM

Quote:

Originally Posted by Unregistered (Post 59279)
entering my 2nd interview with a stat board.
just curious, do these bonuses apply to stat boards?

Yes. Stat Board falls under the respective ministries and they follow whatever the civil service dishes out.

Unregistered 25-11-2014 11:58 PM

Quote:

Originally Posted by Unregistered (Post 59281)
this is one of the dumbest post I've ever seen. the usual avc is 1 mth. just because 2013 was 1.5 and 2014 1.3 the govt owes u 0.2? why not say that u owe the govt 0.8?

i agree. why got such a dumb civil servant being employed and passed interview some more? there are so many ppl out there trying hard to enter public sector.

If you dislike the bonus payout, just leave and try private sector to find job with higher bonus.

Unregistered 26-11-2014 12:46 AM

Quote:

Originally Posted by Unregistered (Post 59289)
i agree. why got such a dumb civil servant being employed and passed interview some more? there are so many ppl out there trying hard to enter public sector.

If you dislike the bonus payout, just leave and try private sector to find job with higher bonus.

Yes. Come and work for me. Next year I give you 3 months bonus.

Unregistered 26-11-2014 08:39 PM

Sorry I'm not too familiar with civil service bonus, can someone help out?

So does that mean this year there is 1 mth AWS + 1.8 mth AVC + 3mth PB (assume average B- performer)? So in total civil service is paying out 5.8 mth bonus for normal performerer?

This is really fantastic if true, makes me want to try my luck applying for a public sector job next year also.

Unregistered 26-11-2014 09:08 PM

Quote:

Originally Posted by Unregistered (Post 59334)
Sorry I'm not too familiar with civil service bonus, can someone help out?

So does that mean this year there is 1 mth AWS + 1.8 mth AVC + 3mth PB (assume average B- performer)? So in total civil service is paying out 5.8 mth bonus for normal performerer?

This is really fantastic if true, makes me want to try my luck applying for a public sector job next year also.

average (C grade, about 75%) PB is 1.5. civil service is standard 15.5-16 Mth package

Unregistered 26-11-2014 10:29 PM

Quote:

Originally Posted by Unregistered (Post 59281)
this is one of the dumbest post I've ever seen. the usual avc is 1 mth. just because 2013 was 1.5 and 2014 1.3 the govt owes u 0.2? why not say that u owe the govt 0.8?

You have heard of the "New Normal"?

I agree with the earlier post. We work for money and a livelihood. Why should we get short changed?


All times are GMT +8. The time now is 07:08 PM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2