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salaries

Salary increase

SG Wealth Builder

On 12 December 2016, National Trade Union Congress (NTUC) announced that cleaners will receive yearly salary increases from 2017 to 2019 for a total of S$200. Various government agencies like Ministry of Manpower, National Environment Agency and Workforce Singapore said the salary increase will benefit more than 40,000 resident cleaners employed by 1,200 cleaning businesses. […]

Ruthless paycut

Last week, my colleagues had a briefing session conducted by HR Director who announced that our variable specialist allowances would be removed with effect 1 January 2015.When he made the announcement and solicited for our feedback, there was at least 5 minutes of silence. Everyone was too shell-shocked to react. Since last year, there were […]

Civil Service Mid Year Bonuses

 Mid-Year Annual Variable Component of 0.5-month for all civil servantsIn addition: Division IV officers to receive a wage increase of $70 in monthly salary, and Division III officers to receive a wage increase of $30 in monthly salary, over and above their annual increment in 2014. The Singapore economy grew by 4.9% on a year-on-year […]

Year end bonuses

CPF Accrued Interest

It is that time of the year when salaried workers collect their year end bonuses. A couple of weeks ago, the government had also declared 13th month and 0.70 month variable bonuses for all civil servants. With the world economy still in the doldrums, I believe most Singapore workers’ year end bonuses would be modest, […]

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