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.