Personal Finance
My take on this SG50 Bonus
By Investment Moats  •  August 7, 2015
This year is a special year for Singapore in that its our 50th year after independence, and DBS in early February, decides to do something funny by distributing a $1000 SG50 Jubilee bonus to their employees. NTUC then starts their propaganda to encourage companies that are doing well to  give more to their employees during the year. Some of the major companies that has announced theses gifts are below:
  • DBS – $1000 for VP and below
  • UOB – $1000 and 1 extra day leave for VP and below
  • OCBC – $1000 worth of shares for Junior staff, $100 worth flash pay card and 4 Gardens by the bay tickets for junior staff
  • SMRT – $500 worth of shopping vouchers
  • Civil Servants – $500 together with their June bonus. Back in 2011 they used to give a quantum of $250 with their June bonus then data shows they stop giving
  • NTUC ...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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