The Public Service Division (PSD) has announced that civil servants will be getting an AVC of 0.3 months as mid-year bonus this year.
This is just a tiny bit less than last year’s mid-year bonus.
Although there is economic recovery in the early part of the year, Singapore’s external demand outlook for the rest of the year has weakened and downside risks have risen.
As with last year, there is a cash bonus for lower ranked officers in addition to the AVC:
civil servants in grades equivalent to MX13(I) and MX14 will receive an additional one-time payment of $200 while civil servants in junior grades equivalent to MX15 and MX16, and those in OSS Grades III and IV will receive a higher one-time payment of $400.
In addition to mid-year and year-end bonuses, we understand that some civil servants can additionally receive up to 2-3 months of performance bonus, typically awarded in March. Check out this very long Salary.sg Forums discussion thread.
2 Comments
The economy in the early years of 2023 has made a lot of progress, and the mid-year bonus for employees is reasonable and the mid- and year-end situation is considered to give the next bonuses. eggy car
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