Tag: Bonus

  • SG50 Bonus Should Be Given To The Lower-Income Singaporeans Too!

    SG50 Bonus Should Be Given To The Lower-Income Singaporeans Too!

    DEAR MR PRESIDENT

    Everytime its all about the civil servant.. maybe the GOVT shud relooked and, since its sg 50…, give that 500 to the road sweepers, the cleaners, the old age, the poor, the homeless, the middle n low income families, the true singaporean, the parents of special children and children with chronic illnesses, the preschool teachers, the odd job labourers, the single parents, the orphanages, old folks at OLd folks home, and the housewives.

    NOT SPECIFICALLY civil servants!!!
    Sorry but, No offence. I just hope this msg gets to you and the whole gang. 500 is a big deal to the above people. It is not jus my opinion alone but im sure the rest of the ‘regular’ singaporeans would agree with me.

     

    Source: Nurul Marzuki

  • The Truth Behind Your 13th Month “Bonus”

    The Truth Behind Your 13th Month “Bonus”

    There is only 12 months in a year. When you get paid a ’13th month’ of wages, you will feel delighted, no? No. Why do you think footballers in the English Premier League are paid weekly?

    Ponder over these points.

    Unless you are on commission or special bonus wage schemes, chances are you are paid a fixed amount of money monthly in Singapore.

    Is there a possibility you get paid $10/hour on some days and $12/hour on some days in your course of work over the year? Of course not. You get paid the same rate year in year out, until you get a raise. If that’s the case,

    “Why are you paid the some amount of money in January and February?”

    If you still don’t get it. There are 31 days in January and there are 28 (normally) days in February. The question now – are you overpaid for February or underpaid in January? You choose what you want to believe in.

    To me, February is the only month you get paid correctly in the whole year in Singapore. Employers in Singapore will never overpay you in February. Fat hope and you know it. There are four weeks in a month and we get paid for 28 days in a month. that’s it. Straightforward.

    In short we are underpaid in every other month other than February.

    January – 3 days
    March – 3 days
    April – 2 days
    May – 3 days
    June – 2 days
    July – 3 days
    August – 3 days
    September – 2 days
    October – 3 days
    November – 2 days
    December – 3 days

    3 + 3 + 2 + 3 + 2 + 3 + 3 + 2 + 3 + 2 + 3 = 29 days.

    The shorter way to calculate this would be:

    1 month 4 weeks.
    You get paid 12 times a year = 12 x 4 = 48 weeks.
    There are 52 weeks in a year. 52 – 48 = 4 weeks unpaid

    The fact is that Singapore employers hold 29 days of your pay over the year and could refuse to pay you your rightful money if you did not ‘perform’. Even if they do it, that meant many employees in Singapore did not get any bonuses from their companies at all. The 13th month is your pay. It is Not a bonus!

    In reality, if they pay us back the ’13th month bonus’, they employer still owe us 1 day’s wages (29 – 28) and get away with it year after year, decade after decade. If you leave the company before the year is up your ’13th month bonus’ is forfeited instead of pro-rated. That’s robbery.

    This is ridiculous. The manpower laws in Singapore are not stopping the businesses against such unfair practices and the NTUC is not doing their job fighting for the rights of workers.

    The next time you receive your “13th month bonus”, ask yourself why are you feeling so happy getting back what you deserve in the first place?

     

    Source: www.allsingaporestuff.com