The year-end civil service bonus was announced yesterday: 0.5 months.
Together with the 0.45 months of mid-year bonus and the 13-month payout, civil servants will get 1.95 months bonus this year (aka Annual Wage Supplement or AWS).
1,900 lower-wage workers will get a year-end payout of at least $900.
The lower bonuses reflect the economic slowdown, as the Ministry of Trade and Industry revised downwards its growth forecast for 2016 to 1 to 1.5%, from 1.0 to 2.0%.
Of course public sector unions are happy, because hey, it’s still a 1.95 month bonus for the whole year and lower wage workers get more.
The Straits Times reported: “It is a timely sum to help our members cope with year-end expenditures such as their children’s education and back-to-school spending,” said Amalgamated Union of Public Daily Rated Workers general secretary G. Muthukumarasamy.
But not all staff are so lucky.
Straits Times seems to allude that the 13 month bonus is a given, as it included the term “traditional 13-month” inside its article.
But how traditional is the 13th month bonus?
In years of growth, sometimes SMEs will give you the 13th month bonus, but they’ll remind you it’s literally a bonus and not to expect it every year.
In years of decline, you are just lucky to keep your job.
Oh by the way, since we’re talking about bonuses here, do you think you’ll get a pay raise (aka Annual Increment) next year?
It depends on the nature of your organisation and job.
There is no such thing as a mandatory wage increase every year, unless it’s included in your union’s collective agreement with the management.
Then you have to ownself bargain for a pay raise lor.