Hi Everyone!
With the recent news about civil servant (government service) mid year bonus of 0.45 months, the topic about bonus raise around my colleagues, friends and bloggers. Certainly this is a good news to civil servant even though the bonus is lesser as compared to last year and some other years (As pointed out by investment Moat - A 0.45 Month Bonus is not the lowest Civil Servant Mid Year Bonus).
I also believe is quite good considering that there is an increase in retrenchment in Singapore as stated in Channel News Asia WDA sets aside S$28 million to help PMETs pick up new skills. Understanding this situation, government have come out with several measures including setting aside $28 million to help PMETs to pick up new skills and also with the skill future credit which enable working adults to continuously improve their skills so ......