Saturday, June 7, 2008

Singapore Public Servant Bonus from Year 2005 - Now

Here is a record of bonus for Singapore Public Servant since year 2005 with the GDP forcast.

July 2005: 0.4 month + $200
Nov 2005: 1.75 months (GDP forcast 5%)

July 2006: 0.5 month + $220 (economy grow by 10.6% in Q1 2006, GDP forcast 5-7%)
Nov 2006: 2.2 months (GDP forcast 7.5-8%)

July 2007: 0.5 month + $220 (economy grow by 6.1% in Q1 2007, GDP forcast 5-7%)
Nov 2007: 2.0 months + 0.5 - 0.8 month performance bonus (GDP forcast 7.5-8%)

(Among a survey of 276 companies in September, this year's bonus will range from two to 3.5 months. The median is 2.8 month.)

July 2008: 0.5 month + $100 - $300 (economy grow by 6.7% in Q1 2008, GDP forcast 4-6%)

More info @ http://www.psd.gov.sg/News/PressRelease/


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