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Civil Service Bonus 2007

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  #1 (permalink)  
Old 27-11-2007, 08:19 PM
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Default Civil Service Bonus 2007

In addition to the already-paid-out Annual Variable Component (AVC) of half a month + $220 in July (see this), civil servants are set to get 2 more months of bonus at year end.

Yes, the year-end "civil servant bonus" is 2 months. So, including your regular salary, you can expect to receive a total of 3 months in your paycheck for December. That is, if you're a civil servant.

As announced by the Public Service Division (PSD), all civil servants are to receive a year-end AVC of 1 month and a further Non-Pensionable Annual Allowance (NPAA) of 1 month.

The NPAA is known to many as the "13th month bonus", and is technically similar to the Annual Wage Supplement (AWS) paid out in the private sector.

This means Civil Service employees are getting a total of 2.5 months + $220 in bonuses this year, counting both the mid-year and year-end payouts.

More good news. Come next year, 2008, civil servants with good performance will also get the new Growth Bonus of around 0.5 months in March. Exceptional performers can expect 0.8 months.

Just introduced only recently, the Growth Bonus is one way to make the Civil Service more attractive. It will be paid out in times of exceptional economic performance and is linked to the individual's work performance.

http://www.salary.sg/2007/civil-service-bonus-2007/

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  #2 (permalink)  
Old 30-11-2007, 08:40 AM
ckho---
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Default 611

The Growth Bonus: Is there a causal link between a civil servant offering public service and an economy doing exceptionally well? That's the question that was explored in rewardsatwork.blogspot.com

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  #3 (permalink)  
Old 30-11-2007, 05:10 PM
fiona chen---
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Hi there! This is fiona from her world magazine, and i find your site extremely interesting! would it be possible for me to feature it in my feb issue? Would really appreciate it if you could email me. Thank you!

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  #4 (permalink)  
Old 30-11-2007, 06:00 PM
ckho---
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Hi Fiona,

I am unsure if you are referring to salary.sg or rewardsatwork.blogspot.com. Regardless, I thank you for your kind words. If you found my comments on the "Growth Bonus" interesting read, do send me an email (from my profile section) and we will blog. Cheers for now.
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Old 30-11-2007, 11:28 PM
admin---
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fiona, sure. I've sent you an email.


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  #6 (permalink)  
Old 12-11-2008, 05:31 PM
ND--
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Default 3217

Any news about 2008 bonus yet?
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  #7 (permalink)  
Old 14-11-2008, 02:19 PM
axe--
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Default 3255

total bonus for 2007 = 0.5 mid + 1 AVC + 1 NPAA(AWS) + 220 = 2.5MONTHS + $220

THIS YEAR 2008 WILL BE BAD MAN
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  #8 (permalink)  
Old 26-02-2009, 11:42 AM
iwannasucceed--
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Default 4172

hi,
i'm 30yrs old this year. Australian Uni grad 6 years ago. Have been in the financial services/ planning since graduation.

If i successfully can make a switch to a Stat Board, how much would be the expected salary?

Pls advise.

Thanks very much
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  #9 (permalink)  
Old 26-02-2009, 03:24 PM
weird--
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That (your post) is weird. The civil servant I know got 6 to 7 months' bonus last year. But that's the total bonus for the whole year, not just the year-end one.
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  #10 (permalink)  
Old 18-03-2010, 12:42 PM
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Default civil service bonus

<<This means Civil Service employees are getting a total of 2.5 months + $220 in bonuses this year, counting both the mid-year and year-end payouts.>>

as mention, 2.5 months consist of ( 0.5 mth(AVC) july pay out + 1 mth(AVC) dec pay out) + 1 mth (AWS or NPCC)

how about PB or performance bonus (why they never included this, how much PB is average performer getting) base on year 2007
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