No Bonus for Singapore Civil Servants

Same like their Malaysian counterparts, Singapore civil servants will unfortunately not be getting other year-end bonuses this year. Nevertheless, the 60,000 over of them will still receive the regular, full 13 month salary (akin to 1 month contractual bonus) as stipulated in their agreement.

There might also be additional good news as the government is preparing to a one-off payment of one quarter month’s pay, which will still be subject to a cap limit of S$750. If that happens, they can breathe some sigh of relieve, and perhaps be a little bit more grateful for being much better off financially compared to their neighbor. After all, the country pays one of the highest paid salaries to their top civil servants in the world at the moment.

This one-off supplementary pay is to acknowledge the workers’ contribution while at the same time sending a message that it’s not yet the best time financially for the ruling government.

The situation is in stark contrast compared to two years ago when the workers took home an average of 3 months of salary bonus. Back then, the economy was in vibrant mode, growing up to 7.5%. As for today, the country is expected to settle with a lowly 2.5%, dipping a further 2% from its previous figure.

Other posts you may want to read:

1. 1 Month Bonus For Civil Servants
2. Civil Servants Get Shorter Annual Leave
3. Cuepacs Insists on Bonus
4. No More Tea Break for Negri’s Civil Servants
5. Singapore’s Top Civil Servants Take Salary Cut
6. GLCs Want 58 Retirement Age
7. Civil Servants With EPF Can Choose Pension
8. Cuepacs Wants RM500 COLA Allowance

Author's bio: Zul is the founder and principal contributor for the SKOR Career blog. He is the author of two books, The Malaysian Job Seeker's Dilemma and Buat Duit Tanpa Kerja Makan Gaji (How to Make Money Without a Job), available in major book stores nationwide. You can reach him at zulkiflimusa[at]gmail.com.