From the Straits Times, May 29, 2008 Thursday:
SOME 60,000 civil servants in Singapore will get a half-month mid-year bonus in July and an inflation bonus of between $100 and $300.
Officers in the lower divisions – Division III and IV – will receive $250 and $300 respectively, while those in Division I and II will get $100.
The additional payment is in line with the National Wages Council’s recommendation this month for a one-off special payment, with a larger amount going to low-wage workers, to help them cope with the rising cost of living.
NTUC deputy secretary-general Halimah Yacob hopes the private sector will make a similar one-off payment to lower-paid workers.
Please share your views. What do you think of this “inflation bonus”?
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This amt can’t substantiate the costs that were imposed to anyone in this country: increase 2% in GST, increase ERP charges, increase electricity/water bills.
Just scrap those increment and you need not give such inflation bonus.
Well, the coffer need to buy their supporter’s vote, don’t they ?
Yah, my secret wish is to join the Civil Service.
This only benefits 60000 singaporeans, how about the rest, private sector boss, I don’t think they will give inflation bonus
All citizens are equal but some are more equal than others.
huh… hope SME get double tax relief for declaring such inflation bonus… hopefully that way… we workers get some benefits too…