MINDEF and SAF Sign-On Bonuses - 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




MINDEF and SAF Sign-On Bonuses

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #1 (permalink)  
Old 17-09-2007, 09:50 PM
Salary.sg
Guest
 
Posts: n/a
Default MINDEF and SAF Sign-On Bonuses

To retain talent in the Ministry of Defence and the Singapore Armed Forces, MINDEF has announced the following monetary incentives:

- "Recruitment bounty" from $16,000 to $25,000. This is an increase of $10,000. If you are a polytechnic graduate and join as a Combat Specialist, you will receive $25,000 as sign-on bonus.
- A new pay component called the "Variable Market Bonus", to be paid on top of existing bonuses to all SAF officers and Defence Executive Officers (DXOs). Paid out in 2 portions - once in April and once in October - the bonus quantum depends on 2 factors: economic performance with GDP growth exceeding 4% and the officer's individual performance. The "Variable Market Bonus" can be as much as two months' salary.
- "Full Savings Vesting Bonus" will be introduced in October 2007 to enhance the existing SAVER package. Defence Minister Teo Chee Hean said, "This bonus, which is earned at the end of the first 10 years of service, is pegged at five times of the last-drawn monthly salary for new officers who join us." Officers can also withdraw an advance of up to $20,000 from this bonus once they are eligible.
- Partial sponsorships for non-graduate officers to get a local part-time degree.

Just 3 months ago, MINDEF announced higher starting pay for new entrants.

See this asiaone news article, this channelnewsasia article and the Minister's speech for more info on the new monetary incentives.

http://www.salary.sg/2007/mindef-and...gn-on-bonuses/

Reply With Quote
  #2 (permalink)  
Old 18-11-2007, 09:22 PM
Jazz---
Guest
 
Posts: n/a
Default 566

yup. the one-time bonus is attractive. but does that mean these poly graduates will be stuck with a poly qualification for the rest of their lives? does the army encourage further studies, like those done in private sector, for these servicemen?

Reply With Quote
  #3 (permalink)  
Old 19-11-2007, 12:40 AM
admin---
Guest
 
Posts: n/a
Default 571

Jazz, I believe there are scholarships and other awards to help servicemen further their studies.

Reply With Quote
  #4 (permalink)  
Old 26-11-2007, 01:59 AM
jen---
Guest
 
Posts: n/a
Default 592

seriously..there is no awards or watsoever.my bf is a regular (sign on fr poly). i wanted him to study part time degree...in fact..cos he work shift work in rsaf...he cant go on wit part time degree even if he's willin to pay on his own. N there is no change in salary even if he upgrades to degree ( even when its related to his work!). NO idea y polytechnic sign on regulars are neglected so badly. and 2nd contract isnt a sure get thingy even if your performance is gd. there isnt job security at all. IN fact..im so worried that he cant get the 2nd contract n come out wit jus a poly diploma... as he will have to start fr scratch (meanin lower pay as well at early thirties when he has a family to feed..or mayb even children that may come along its way).NO one seem to dare to complain to the govt...includin me..hahaha..in case i get sued or blacklisted.haha
Reply With Quote
  #5 (permalink)  
Old 26-11-2007, 02:03 AM
jen---
Guest
 
Posts: n/a
Default 593

in fact..he has a colleague who tried to study part time degree n requested for mornin shift work every day for 2 yrs... tat particular person apparently was being blacklist my his superior.. n wasnt given 2nd contract at the end. it really puzzled me n i really hope some changes can b done to improve this lot of polytechnic regulars.
Reply With Quote
  #6 (permalink)  
Old 15-12-2007, 07:00 PM
@lex---
Guest
 
Posts: n/a
Default 657

i guess it really bores down to individual and their bosses. i had a couple of specialists, 3SG they say. i will make arrangements for my specialists should they come to me and highlight their intention to further their studies. however, this must come with no compromise of their standards in their work.

There are certain criterias which i take into considerations before i put up my specs for further education. i had rank them in order:

1. attitude in work
2. his intention of further education
3. the time which he chose to study

i think i need not elaborate on point 1. point 2, many a times, specialists who came forth that they want time off to study, often were already thinking of leaving the force. personally i am not in favor of that becoz the work load during his time away on courses/lessons will have to be bore by his colleagues which isnt fair. there had been numerous encounters whereby these group often used study periods to meet up with their girlfriends etc.

3rd point, sometimes it must be communicated to them by their superiors the reason why they are advised to hold back their further education plans, it could be the time is not right? i must admit some of the superiors are holding them back for selfish gains, but many times, specialists wanted to pursue their education during critical points of their career such as during ranking periods, when their promotion is due etc. this is a bad move, at least in my opinion. i urge all specs to consult their superiors and plan at least 3 years ahead in terms of career advancement. believe me, there will be a time whereby they should go get that degree and stay out of the competition.
Reply With Quote

  #7 (permalink)  
Old 11-01-2008, 01:30 AM
Tan---
Guest
 
Posts: n/a
Default 734

Sign-on bonus of 25k? That seems way too much. So now we know where our tax went to.. haha
Reply With Quote
  #8 (permalink)  
Old 12-02-2008, 01:46 AM
james---
Guest
 
Posts: n/a
Default 842

bump for great justice
Reply With Quote
  #9 (permalink)  
Old 19-02-2009, 10:42 AM
bernard--
Guest
 
Posts: n/a
Default 4094

Anyone know how much does a Warrant officer earn??

I believe the earning in Army, Air Force and Navy are different.
Reply With Quote
  #10 (permalink)  
Old 16-08-2009, 03:40 PM
devilgal
Guest
 
Posts: n/a
Default

Anyone in here know singapore Navy 2nd sgt earn? Which holding nitec cert.
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
Higher starting salaries for MINDEF and SAF entrants Salary.sg Income and Jobs 2 06-04-2012 07:31 AM
More Pay and Bonuses for Teachers Salary.sg Income and Jobs 7 05-12-2009 06:45 PM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
9,590 Replies, 3,074,135 Views
Compare civil service salary ( 1 2 3... Last Page)
10,707 Replies, 5,916,824 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,718 Replies, 1,131,609 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
3,150 Replies, 1,333,179 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,461 Replies, 980,014 Views
Career as Teacher ( 1 2 3... Last Page)
2,877 Replies, 1,754,178 Views
ST Electronics ( 1 2 3... Last Page)
867 Replies, 258,671 Views
Engineer Pay ( 1 2 3... Last Page)
109 Replies, 45,612 Views
Equity Research jobs
3 Replies, 277 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,022 Replies, 814,474 Views
HSBC Graduate Programme 2021
0 Replies, 76 Views
Working in HDB ( 1 2 3... Last Page)
351 Replies, 280,325 Views
E-Reading apps for kids
2 Replies, 1,663 Views
PCB design course
3 Replies, 182 Views
anyone working at NCS ? ( 1 2 3... Last Page)
458 Replies, 317,057 Views
Job Application with MOE... ( 1 2 3... Last Page)
245 Replies, 224,675 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,405 Replies, 2,009,387 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,047 Replies, 3,844,079 Views
NUS working environment and pay... ( 1 2 3... Last Page)
90 Replies, 74,376 Views
Hospital (Private or Public)...
9 Replies, 5,724 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,002 Replies, 1,144,562 Views
High loan approval for business...
3 Replies, 618 Views
Whats your net worth ( 1 2 3... Last Page)
2,765 Replies, 829,165 Views
How to start a small business ( 1 2)
12 Replies, 2,199 Views
Third Party Contract From... ( 1 2 3)
20 Replies, 2,499 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
334 Replies, 113,991 Views
Should I switch to a higher paying... ( 1 2 3... Last Page)
32 Replies, 3,258 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,394 Replies, 588,689 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
224 Replies, 137,073 Views
Prospects of an economics degree ( 1 2 3)
25 Replies, 12,317 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:56 PM.


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