Connect with us

Hi, what are you looking for?

Showbiz | Your Daily Dose of Zimbabwean Entertainment News & Celebrity BuzzShowbiz | Your Daily Dose of Zimbabwean Entertainment News & Celebrity Buzz

Local News

Civil Servants to Receive Extra $600 Bonus

CZI Raises Alarm Over Rising US Dollar Inflation in Zimbabwe
CZI Raises Alarm Over Rising US Dollar Inflation in Zimbabwe

Singapore’s Public Service Division (PSD) announced on November 25 that civil servants will receive a year-end bonus of 1.05 months’ salary. This follows the mid-year bonus of 0.45 months, bringing the total bonus for 2024 to 1.5 months, an increase from 0.9 months in 2023. Junior officers in grades MX15 and MX16, as well as those in the Operations Support Scheme, will receive an additional one-time payment of $600.

The bonus is a reflection of Singapore’s stronger-than-expected economic performance in the first three quarters of the year, with the GDP growth forecast for 2024 revised upwards to 3.5%. This is in line with the National Wages Council’s recommendation to increase wages for lower-income workers.

RELATED NEWS

Public sector unions, including the Amalgamated Union of Public Employees, have supported the payout, emphasizing that civil servants’ contributions to the economy should be acknowledged. Additionally, the government will continue to pay the annual non-pensionable allowance (13th month bonus) to all public servants.

The additional bonus and one-time payment are aimed at helping civil servants, particularly junior officers, cope with rising living costs.

Advertisement. Scroll to continue reading.

ABOUT US

 

ShowBiz Zimbabwe

Dive into the world of Zimbabwean entertainment with Showbiz! We deliver the latest news on your favorite celebrities, musicians, actors, and everything in between.

Email: editor@showbiz.co.zw

You May Also Like

Advertisement