December to March is usually the period where working people get their yearly bonuses. How do you use your bonus?

Smaller Bonus this Year

This year, most foresee that their year end bonus will shrink.

The two-day poll of 100 people, conducted in both the Central Business District and heartlands, found that the majority of Singaporeans foresee smaller bonuses this year compared to last year.

Almost 75 per cent polled said they believe their bonuses will shrink, which is a prediction seconded by human resource managers.

– SPH

Like wise, I do not expect to receive much special bonus this year. Its likely to remain lower than norm consider the firm is hit with some bad results during the quarters.

Part of the overall compensation

I do see that your annual bonus be part of your overall compensation package. And as such it should be manage as a total annual …