Showing posts with label Mid-Year Bonus. Show all posts
Showing posts with label Mid-Year Bonus. Show all posts

Civil Service Bonus for 2020

Straits Times reported lately that civil servants will not be getting a year end bonus this year due to Covid 19.  There was also no mid-year bonus paid out.

Civil servants received a one off payment of 0.25 months which was capped at $750 as well as their 13th month bonus.  This year, senior civil servants also had a pay cut of 0.5 to 1 month according to their seniority.

Not all gloom and doom though.  Civil servants still enjoy a performance bonus that is outside of the mid-year and year-end bonus.  An average performer should get around 3 months worth of performance bonus according to anonymous feedback in various forums.  So taking that into account, civil servant's annual pay package for this year should be around 16 months of monthly salary.  That is assuming one is an average performer.

Interested in civil service payscale? Check out this link here https://sgfinancialfreedom.blogspot.com/2015/10/singapore-civil-service-pay-scale.html

MHA Bonus?

Mid-Year Bonus for Civil Servants

The Singapore government announced that the mid-year bonus for civil servants just two days back. It will be the largest mid-year bonus in the past five years.

The mid-year bonus is reported to be at half a month's salary plus a one-off payment of $300.

While that might not be a lot compared to the private sector, I am sure a lot of civil servants will welcome the news especially since there was no mid-year bonus declared last year.


This is also good news to the rest of the population as it shows that the government is positive on the economic recovery even though downside risks like the soverign debt crisis still lurk at the background.



The author is currently self-employed and does not get to enjoy such benefits as mid-year bonuses and year end bonuses. It makes him recall the days when he used to enjoy such benefits.

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