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, 01:00 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, 06:41 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 01:42 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 02:40 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
Compare civil service salary ( 1 2 3... Last Page)
8,917 Replies, 5,127,572 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
867 Replies, 694,916 Views
Dates of employment indicate...
3 Replies, 858 Views
Singtel Management Associate... ( 1 2 3... Last Page)
115 Replies, 75,473 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,064 Replies, 471,256 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
158 Replies, 51,845 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
1,139 Replies, 196,572 Views
Constituency Manager (People... ( 1 2 3... Last Page)
812 Replies, 412,243 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,860 Replies, 1,727,299 Views
Job search for returning...
0 Replies, 136 Views
Working at Changi Business Park
5 Replies, 322 Views
Whats your net worth ( 1 2 3... Last Page)
2,687 Replies, 750,349 Views
Schneider Electric - EGP (Grad... ( 1 2 3... Last Page)
36 Replies, 12,983 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
611 Replies, 307,553 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,369 Replies, 533,836 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,689 Replies, 479,257 Views
Met a girl from dating app
1 Replies, 276 Views
Shell TDP ( 1 2 3... Last Page)
146 Replies, 42,684 Views
Lawyer Salary ( 1 2 3... Last Page)
4,845 Replies, 2,073,333 Views
Gap year, Sabbatical
4 Replies, 278 Views
UOB Management Associate Program ( 1 2 3... Last Page)
240 Replies, 149,182 Views
OCBC Young Bankers Programme ( 1 2 3... Last Page)
96 Replies, 70,425 Views
Career switches - job options and... ( 1 2)
12 Replies, 2,006 Views
What course should I undertake?
3 Replies, 2,085 Views
is it crazy to give up a 100k P.A... ( 1 2 3)
26 Replies, 20,898 Views
Career as Teacher ( 1 2 3... Last Page)
2,010 Replies, 1,362,070 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,007 Replies, 804,467 Views
SPF (Direct-Entry Inspector)
8 Replies, 902 Views
ST Electronics ( 1 2 3... Last Page)
371 Replies, 166,225 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 01:18 AM.


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