[ad_1]
Comply with us on Telegram for the most recent updates: https://t.me/mothershipsg
Civil servants shall be getting a year-end Annual Variable Part (AVC) bonus price 1.1-month of their wage, on high of their common Thirteenth-month bonus, whereas junior grade officers with grades MX15 and under will get a further one-time fee of S$700.
AVC 1.1-month bonus
The AVC is predicated on Singapore’s financial efficiency, often paid out twice a yr.
For the yr of 2022, civil servants in Singapore will obtain a complete of 1.45 months in full-year AVC, whereas junior grade officers would obtain a further one-time fee of as much as S$1,100, after together with their respective mid-year funds.
All civil servants can even obtain their Non-Pensionable Annual Allowance (NPAA) of 1 month, in any other case generally known as their Thirteenth month bonus to all civil servants, the Prime Minister’s Workplace’s Public Service Division (PSD) mentioned of their Nov. 24 press launch.
GDP to develop at a slower charge, however nonetheless grew
PSD mentioned the choice to pay all civil servants a year-end AVC bonus comes after shut session with the general public sector unions.
Additionally they took into consideration the financial outlook, the place the Ministry of Commerce and Business expects Singapore’s GDP to develop at a slower charge resulting from world financial circumstances, whereas additionally recognising the laborious work of public officers.
PSD mentioned the federal government deeply appreciates the laborious work and sacrifice of all public officers who’ve responded to challenges with dedication and tenacity.
Associated tales
High picture by Andrew Koay
In the event you like what you learn, comply with us on Fb, Instagram, Twitter and Telegram to get the most recent updates.
[ad_2]
Source link
