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.

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
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,051 Replies, 833,458 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,090 Replies, 3,883,966 Views
HSBC Graduate Programme 2021 ( 1 2 3)
21 Replies, 2,742 Views
Mid-Year Civil Servant Bonus 2020 ( 1 2 3... Last Page)
155 Replies, 36,006 Views
Bunker trader ( 1 2 3... Last Page)
47 Replies, 24,232 Views
Compare civil service salary ( 1 2 3... Last Page)
10,895 Replies, 6,026,359 Views
Career as Teacher ( 1 2 3... Last Page)
2,954 Replies, 1,811,487 Views
How much does a typical FP&A... ( 1 2 3)
24 Replies, 2,177 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,659 Replies, 1,369,036 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,458 Replies, 2,049,060 Views
ST Electronics ( 1 2 3... Last Page)
1,045 Replies, 281,160 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,515 Replies, 1,003,025 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
359 Replies, 124,842 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,800 Replies, 1,179,207 Views
Engineer Pay ( 1 2 3... Last Page)
146 Replies, 54,405 Views
Civil Service Bonus 2020 Year End
2 Replies, 289 Views
DBS tech seed programme ( 1 2 3... Last Page)
161 Replies, 16,957 Views
Any advice for a final year...
3 Replies, 3,511 Views
Advice for a troubled Designer ( 1 2)
13 Replies, 4,798 Views
Insurance Management Associate... ( 1 2 3... Last Page)
63 Replies, 20,629 Views
GovTech Tech Associate Program... ( 1 2)
16 Replies, 3,864 Views
anyone work as trainer with...
3 Replies, 2,076 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,786 Replies, 533,673 Views
I need advice
4 Replies, 831 Views
Job offer from Apple ( 1 2 3... Last Page)
492 Replies, 108,432 Views
Business / System Analyst
1 Replies, 1,067 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
234 Replies, 145,539 Views
Lawyer Salary ( 1 2 3... Last Page)
9,724 Replies, 3,172,559 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 04:23 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2