Half-month bonus for civil servants - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Half-month bonus for civil servants

Reply
 
Thread Tools
  #1 (permalink)  
Old 02-06-2007, 12:00 AM
Salary.sg
Guest
 
Posts: n/a
Default Half-month bonus for civil servants

The Public Service Division just made a press release announcing a half-month bonus for civil servants.

Civil service employees will receive a mid-year Annual Variable Component (AVC) of half a month, and an additional payment of $220 in July 2007.

The AVC, as its name implies, is a variable salary component. It varies according to the economic conditions of Singapore, and is paid out twice every year, once in July and once in December.

The press release said:
Quote:
"The economy grew by 6.1% in the first quarter of 2007, compared to 6.6% in the last quarter of 2006."
The $220 payment is designed to help low wage workers, as it forms a bigger proportion of their pay (as opposed to it being a smaller proportion for workers with higher pay). This payment "is in line with the call by the National Wages Council for employers to help low
wage workers."

I note that the current mid-year AVC is exactly the same as last year's. In fact, the press releases from both years are identical except for dates and GDP-related values:

This year's press release

Last year's press release

http://www.salary.sg/2007/half-month...ivil-servants/

Reply With Quote
  #2 (permalink)  
Old 21-05-2008, 05:41 PM
Philadelphia---
Guest
 
Posts: n/a
Default 1696

Eat a third and drink a third and leave the remaining third of your stomach empty. Then, when you get angry, there will be sufficient room for your rage.



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Civil Service Bonus 2007 Salary.sg Income and Jobs 9 18-03-2010 12:42 PM
Civil Service Bonus 2008, and pay cut for ministers Salary.sg Income and Jobs 10 20-01-2009 11:22 PM
Higher starting pay for civil servants Salary.sg Income and Jobs 3 21-11-2008 11:58 PM
Civil Service Bonus mid-2008 Salary.sg Income and Jobs 6 15-07-2008 01:40 AM
Case Study 2 - How Engineer made Half Million Salary.sg Investments and Net Worth 4 10-02-2008 11:38 PM

» 30 Recent Threads
Queries about Cpib application ( 1 2 3... Last Page)
1,206 Replies, 595,387 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,562 Replies, 1,521,292 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
119 Replies, 8,104 Views
Income of Hairdresser ( 1 2)
11 Replies, 7,963 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
2,590 Replies, 1,909,072 Views
Compare civil service salary ( 1 2 3... Last Page)
12,057 Replies, 6,890,204 Views
Benefits, Insurance, Annual Leave... ( 1 2)
17 Replies, 884 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,753 Replies, 1,038,830 Views
What house should I buy after... ( 1 2 3)
23 Replies, 22,498 Views
Lawyer Salary ( 1 2 3... Last Page)
12,259 Replies, 4,033,067 Views
Commercial Affairs Officer ( 1 2 3... Last Page)
171 Replies, 125,246 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
629 Replies, 148,007 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,302 Replies, 1,255,534 Views
Singtel Management Associate... ( 1 2 3... Last Page)
254 Replies, 130,530 Views
Lendlease Graduate Program 2021... ( 1 2 3... Last Page)
66 Replies, 6,175 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
2,024 Replies, 498,955 Views
Roles in accenture singapore ( 1 2 3... Last Page)
1,620 Replies, 411,158 Views
What is Capgemini senior analyst ? ( 1 2)
18 Replies, 520 Views
Job with travel opportunities and... ( 1 2)
12 Replies, 4,535 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,805 Replies, 2,334,484 Views
Banking Tech vs Consulting ( 1 2 3... Last Page)
42 Replies, 1,020 Views
Career as Teacher ( 1 2 3... Last Page)
3,630 Replies, 2,254,993 Views
Civil Service Pay - Director level ( 1 2 3... Last Page)
149 Replies, 256,196 Views
DBS tech seed programme ( 1 2 3... Last Page)
737 Replies, 150,146 Views
SATS Security Services - $20k...
6 Replies, 1,120 Views
Dentist Salary ( 1 2)
17 Replies, 16,747 Views
31 yo liao no a levels/poly dip,... ( 1 2 3... Last Page)
149 Replies, 41,060 Views
ITE lecturer ( 1 2 3... Last Page)
242 Replies, 191,047 Views
Facilities management
2 Replies, 1,461 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:16 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2