As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

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Sunday, 12 June 2016

Year End Bonus

Uncle8888's company FY ended in March so bonuses are determined and paid in June.

Saw this posting!

Now, more colleagues are concerned of job security than how much bonuses they were receiving.

The real life!


  1. Yea, due to recession, many will be more concern about job security rather than bonuses. I also hope that I can protect my rice bowl

    1. Yeap. This year the mood has changed. Last June, some are grumbling and unhappy about their bonuses.

    2. Yeap. This year the mood has changed. Last June, some are grumbling and unhappy about their bonuses.


  2. SINGAPORE: More older workers were jobless in the first quarter of this year, despite unemployment among Singapore citizens and residents declining, according to figures released by the Ministry of Manpower (MOM) on Monday (Jun 13).

    Unemployment among Singapore citizens declined from 3 per cent in December 2015 to 2.6 per cent in March 2016. Among Singapore residents, unemployment fell from 2.9 per cent to 2.7 per cent.

    Overall, the unemployment rate remained unchanged at 1.9 per cent.

    Unemployment rose among residents aged 30 and above, especially among those aged 50 and above for the fourth consecutive quarter, the ministry said.

    The increase was offset by the decline in the unemployment rate for younger residents, due to the lower labour force participation rate among youths aged 15 to 24.

    The number of workers laid off from their jobs fell from 5,370 in the previous quarter to 4,710 in the first quarterly. However, the figure was the highest number of first-quarter redundancies since 2009, MOM said.

    About 46 per cent of residents made redundant in the fourth quarter of 2015 had found jobs by March, down from 50 per cent in the previous quarter, and the lowest since June 2009.

    Total employment grew by 13,000 in the first quarter, lower than the seasonal high growth of 16,100 in the fourth quarter of 2015. Even though total employment growth in the first quarter of 2016 was a reversal from the decline of 6,100 in the same period last year, it was significantly lower than 2013 and 2014, MOM said.

    The ratio of job openings to job seekers declined to 103 openings per 100 job seekers in March, the lowest since June 2012, the ministry said.

    - CNA/cy


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