Amortising AWS

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?


Removing AWS

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.


Key Employee Profit Sharing

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.