11-11-2015 03:42 PM | ||
jrbearus |
End of year bonus is likely to be 0.5 month, excluding 13th month bonus. Prior-post for reference: Year || Mid-Year Bonus || End-Year Bonus 2008 || 0.5 months + $100 - 300 || 0.5 months 2009 || 0 months || 0.25 months or $750 (whichever is higher) 2010 || 0.5 months + $300 || 1 months + Growth Bonus (0 to 1.6 months) 2011 || 0.5 months + $250 || 0.75 months 2012 || 0.3 months || 1 months or a minimum of $1,000 2013 || 0.4 months || 1.1 months or a minimum of $1,600 2014 || 0.5 months || 0.8 months or a minimum of $1,200 2015 || 0.5 months + $500 (SG50) || ? |
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06-11-2015 04:02 PM | ||
Unregistered |
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06-11-2015 08:49 AM | ||
Unregistered | Guys, guys, guys......!!! If can get same as last year 0.8 is good enuff, cant expect more, our year end bonuses are too depending on economy.. So face the facts economy dis year no good, lets hope to get the same or more than last year, not less.. If less, cannot buy Shoei helmet, hahahahahahahah.........!!!!! | |
30-10-2015 06:09 PM | ||
Unregistered |
in 2014, its 0.8. (election factored in) My take is its 0.5. due to incoming recession. |
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30-10-2015 06:53 AM | ||
Unregistered | Is time of the year again... so play a guessing game 2015 yr end bonus for civil servant. | |
17-12-2014 06:11 PM | ||
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It is very competitive in civil service. Only a few get to high positions and many are identified from the onset. The rest have to slog like hell to have a chance of reaching anywhere near. Grass is always greener on the other side. Instead of complaining, take the leap of faith if you really think civil servants has it easy. I can tell you that this is not true. |
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02-12-2014 05:56 PM | ||
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It is no secret that every MNC (including Singaporean GLCs in overseas locations) want as many of their own kind in as executives and management in the regional offices. In most countries, governments protect their citizens by requiring MNCs to implement strict localization rules after wining multi million dollar contracts. Not so in Singapore, which is reflected in the World Bank's ranking of Singapore as #1 country in Ease of Doing Business. Hence it is not that easy to rise to those executive positions in MNCs, especially as Singaporeans have to compete with 2nd tier Indian and Pinoy PMEs for limited management positions. You don't have that problem in the civil service. |
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02-12-2014 11:52 AM | ||
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30-11-2014 08:48 PM | ||
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29-11-2014 05:45 PM | ||
Unregistered |
One key thing when comparing salary of pte sector and public sector is that when working for the government, non-scholars generally have a much lower career ceiling compared to pte sector. Sure you could get retrench and drive taxi when you reach your 40s in pte sector, but then you could also make executive level in a global MNC if you are good. Contrast this to a civil servant, even if you are super fantastic in performance and CEP, you are at most going to reach senior director in your late 40s making 300k+ annual inclusive of everything. A similarly top performer in top MNC / bank would probably exceed 300k by late 20s or early 30s. Pte sector is a winner take all high risk high return environment while public sector is a stable and steady job security place. The profile is quite different and hard to generalize which is better because a lot of times it really depends on your temperament. My take is this: if you just want work life balance, stable job, not really that interested in money or have a realistic view that you are just average in capabilities, it is better to join the public sector. If you are young, willing to risk it all for the win, then go for the pte sector, but dun whine when you hit 40 and realise you are just another average Joe constantly under threat of being replaced by others. |
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