It's that time of the year when civil servants await the bonus payout announcement, and Channel NewsAsia understands the news could come as early as Thursday.
Sources said civil servants could be given an additional 0.75-month bonus plus a dollar quantum.
It's understood these were considered during discussions with the Public Service Division recently.
The dollar quantum in particular would come in handy for low-wage workers to tide over the current high costs of living.
In May this year, the government decided on a mid-year Annual Variable Component (AVC) of half-a-month's salary (0.5-month) plus a S$250 quantum.
These were paid out in July.
On Monday, the government released details of Singapore's second half economic performance for 2011, with predictions of a slowdown to between 1 and 3 per cent growth for 2012.
The announcement on year-end bonus is expected to follow in due course.
Sources said civil servants could be given an additional 0.75-month bonus plus a dollar quantum.
It's understood these were considered during discussions with the Public Service Division recently.
The dollar quantum in particular would come in handy for low-wage workers to tide over the current high costs of living.
In May this year, the government decided on a mid-year Annual Variable Component (AVC) of half-a-month's salary (0.5-month) plus a S$250 quantum.
These were paid out in July.
On Monday, the government released details of Singapore's second half economic performance for 2011, with predictions of a slowdown to between 1 and 3 per cent growth for 2012.
The announcement on year-end bonus is expected to follow in due course.
