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Friday, November 26, 2010

Civil Servants to enjoy 'growth bonus'

2 months' salary will be paid to civil servants in Dec 2010, in addition to a 0.5-month annual variable component and a one-off payment of $300 received earlier in the year.

SVP based on individual performance - formerly known as Growth Bonus, will be given in Mar'11.
Civil Servants can look forward to 1-1.6 months' SVP. Those with poor performance will not get any SVP.

Isn't that wonderful? for the first time in my
~400 weeks or 10-yr career,
<15 weeks = I work this year
~10weeks = I get bonuses this yr

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