SINGAPORE - Some employers in the private sector plan to not pay any bonuses to their staff this year. This is similar to the Government announcing there would be no bonus paid to civil servants at the year's end, given the weakened economic outlook caused by the Covid-19 pandemic.
"We already had to let go two people earlier this year, but the majority of our staff have not had their salaries cut. Saving our company is the priority now," he said. Dr Cheong, who is also chairman of the Association of Singapore Attractions, said he would not be surprised to see most tourism operators doing the same.
Civil servants will still receive the non-pensionable annual allowance, or 13th month bonus, of one month's pay. Mr Raman Kathavarayan, general secretary of the Amalgamated Union of Public Daily Rated Workers, cheered the move to provide this payment to lower-wage workers as it would give them much-needed encouragement.
Singapore Latest News, Singapore Headlines
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