Thursday, December 08, 2011

the so called bonus

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To me, February is the only month you get paid correctly in the whole year in Singapore. Employers in Singapore will never overpay you in February. Fat hope and you know it. There are four weeks in a month and we get paid for 28 days in a month. that's it. Straightforward.
 In short we are underpaid in every other month other than February.
 January - 3 days
March - 3 days
April - 2 days
May - 3 days
June - 2 days
July - 3 days
August - 3 days
September - 2 days
October - 3 days
November - 2 days
December - 3 days
 3 + 3 + 2 + 3 + 2 + 3 + 3 + 2 + 3 + 2 + 3 = 29 days.
 The shorter way to calculate this would be:
 1 month 4 weeks.
You get paid 12 times a year = 12 x 4 = 48 weeks.
There are 52 weeks in a year. 52 - 48 = 4 weeks unpaid
 The fact is that Singapore employers hold 29 days of your pay over the year and could refuse to pay you your rightful money if you did not 'perform'. Even if they do it, that meant many employees in Singapore did not get any bonuses from their companies at all. The 13th month is your pay. It is Not a bonus!
 In reality, if they pay us back the '13th month bonus', they employer still owe us 1 day's wages (29 - 28) and get away with it year after year, decade after decade. If you leave the company before the year is up your '13th month bonus' is forfeited instead of pro-rated. That's robbery.

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