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)
7,450 Replies, 4,313,421 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
217 Replies, 66,829 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
961 Replies, 759,301 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
1,908 Replies, 724,606 Views
Career as Teacher ( 1 2 3... Last Page)
1,319 Replies, 978,643 Views
Lawyer Salary ( 1 2 3... Last Page)
4,073 Replies, 1,398,465 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,079 Replies, 1,353,494 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
2,249 Replies, 1,070,979 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
499 Replies, 245,356 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
782 Replies, 556,813 Views
UBS Graduate Talent Program ( 1 2 3)
21 Replies, 12,348 Views
How is life as a doctor in... ( 1 2 3... Last Page)
511 Replies, 602,389 Views
Associate in DBS ( 1 2 3... Last Page)
145 Replies, 189,982 Views
Salaries of Professors in SG ( 1 2 3... Last Page)
127 Replies, 193,591 Views
Constituency Manager (People... ( 1 2 3... Last Page)
679 Replies, 330,612 Views
Top paying companies in SG for... ( 1 2 3... Last Page)
70 Replies, 56,668 Views
UOB Management Associate Program ( 1 2 3... Last Page)
190 Replies, 107,124 Views
Queries about Cpib application ( 1 2 3... Last Page)
915 Replies, 366,641 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,400 Replies, 354,255 Views
Really that bad for engineers? ( 1 2 3... Last Page)
1,213 Replies, 798,230 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,255 Replies, 431,336 Views
Exxonmobil ( 1 2)
14 Replies, 11,658 Views
GIC career ( 1 2 3... Last Page)
185 Replies, 242,715 Views
Commercial Affairs Officer ( 1 2 3... Last Page)
79 Replies, 46,255 Views
Foreigner in Banking Industry
4 Replies, 453 Views
Govtech bonus ( 1 2 3)
22 Replies, 2,669 Views
Enterprise Singapore hiriing... ( 1 2)
15 Replies, 3,649 Views
Asset Management Salary and... ( 1 2 3)
20 Replies, 6,597 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
1,170 Replies, 571,280 Views
anyone working at NCS ? ( 1 2 3... Last Page)
269 Replies, 202,586 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 08:56 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2