25 Nov '15, 10am

0.65 month year-end bonus for civil servants https://t.co/xk3BeRXXhH https://t.co/AHC3wF30YZ

0.65 month year-end bonus for civil servants https://t.co/xk3BeRXXhH https://t.co/AHC3wF30YZ

Civil Service Year-End Payment Civil servants to get year-end AVC of 0.65 month. Low-wage officers to get minimum year-end AVC of $1,100. The Singapore economy grew by 1.9% on a year-on-year basis in the third quarter of 2015, moderating slightly from the 2.0% growth in the second quarter. This brought the GDP growth in the first three quarters of 2015 to 2.2% on a year-on-year basis. The Ministry of Trade and Industry has forecast that the economy will grow by close to 2.0% for the whole of 2015. Unemployment remained low while total employment growth has continued to slow amidst weaker economic conditions. Against this backdrop, civil servants will be paid a year-end Annual Variable Component (AVC) of 0.65 month. Low-wage officers will get a minimum year-end AVC of $1,100. This signals the Government’s continued commitment to help low-wage workers. Around 1,300 civil ser...

Full article: http://mothership.sg/2015/11/0-65-month-year-end-bonus-fo...

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All civil servants will get a total of 1.65 months of bonus at this year end. If you include this year’s... https://t.co/p0fZGj0XXt

All civil servants will get a total of 1.65 mon...

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