ABOUR DIALOGUE 2.7 months' bonus this year
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Nov 15, 2010 - Straits Times
WORKERS can expect at least 2.7 months of bonus this year, with those in the buoyant financial and shipping sectors getting more, according to the labour movement.
The amount, which includes the 13th-month annual wage supplement, is a spike over the 2.2 months paid out last year when the economy was less rosy.
Pay rises too will be better, with increments of 3.5 per cent to 4 per cent likely to be handed out in the new year compared to 0.98 per cent this year.
These upbeat numbers were disclosed on Monday by the National Trades Union Congress (NTUC), based on talks it had with about 1,200 unionised companies.
These companies were held up as role models by labour chief Lim Swee Say on Monday when he urged employers to follow in their footsteps and treat workers fairly amid the sharp rebound of the Singapore economy.
He was speaking at a labour dialogue where Mr Stephen Lee, president of the Singapore National Employers Federation made a similar call.
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Elections coming.
