Civil servants are set to receive a bonus of half a month and a cash quantum of $300 in July.
This is considered good news, compared to just 6 months ago when public servants received a pittance as year end bonus. The Public Service Division explained that the Singapore economy, which grew by 15.5% in Q1, has been “stronger than expected“.
The 0.5 month bonus will be given as the mid-year Annual Variable Component (AVC), while the $300 quantum is a one-off payment to all officers.
National Trades Union Congress (NTUC) welcomed the news and its deputy secretary-general Mdm Halimah Yacob said that civil servants “suffered a reduction” in their total annual take-home pay last year. All public servants did not get a mid-year bonus last year.
How much bonus are you getting this mid-year?
Does anyone of you know, to secure this mid-year bonus, when is the earliest that I can tender my resignation? 🙂 Thanks!
after the bonus is credited to your account.
For govt Ministry, inorder to secure the bonus given out on Dec. The earliest you could tender is 01 January of next year.. then fufill the 1 month notice, work until end of January. Got it?
Will I be getting a pro-rated year-end bonus is I had left the service (MOE) in June this year?
IF you have left MOE and went to Private sector.. I think you will get ZERO from Govt.. Maybe pro-rated from your private company.
IF you have left MOE by resign and move to another Ministry, you will get pro-rated from July until Dec.
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