Does your company in Singapore pay an Annual Wage Supplement(AWS) or is it amortised into the monthly salary? If so, what’s the reason for doing so?
We are exploring doing away with the Annual Wage Supplement (AWS) – the 13th-month payment – since it is not compulsory and we are not unionised.
My company is looking into Profit Sharing rewards for my key employees in the company. This group of employees are still entitled to the variable bonus.
How is Salary Increment administered? Do all employees have their yearly increment administered at the beginning of the year or on their anniversary year?