Singapore announces year-end bonus for civil servants in 2023
In total, civil servants will receive 0.9 month in full-year Annual Variable Component for 2023.
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In total, civil servants will receive 0.9 month in full-year Annual Variable Component for 2023.
As the usual cai fan fare approaches the S$10 mark, coupled with rising costs of electricity, water, and transportation, here’s another kicker: GST is set to climb to nine per cent in 2024. Everything seems to be on the rise except for our salaries, don’t you think? Well, the government is doing something about it. Apart from the cash disbursements...
According to the Public Service Division, the Singapore president earns a S$1.54 million yearly salary -- same as that of the Prime Minister.
This follows careful consideration regarding Singapore's economic outlook and a progressive approach towards mid-year payments.
The mid-year bonus for civil servants is slightly lower than 0.35-month bonus given last year.