HomeCIVIL SERVICE BONUSCIVIL SERVICE YEAR END BONUS 2024 ESTIMATE

CIVIL SERVICE YEAR END BONUS 2024 ESTIMATE

Dear readers, the announcement of the Civil Service Year End Bonus 2024 is something I look forward to, around this time of the year.

I think the quantum of the Civil Service bonus serves as a useful reference for the private sector in deciding the quantum of bonus for their staff. Definitely, there is no necessity for private sector to link or match their bonuses to the civil service bonus quantum.

The Civil Service Mid and Year-end bonus are normally linked to the overall economic outlook of Singapore in the year of the bonus. And one way to estimate Civil Service Year-End Bonus 2024 will be to follow the news surrounding Singapore’s overall economic outlook and prediction.

Another way of estimation is to glean from the quantum of the previous year bonuses given, which I have summarised as below, for recent bonuses.

Year 2024:

2024 Mid-Year Singapore Civil Service Bonus: a 0.45-month mid-year bonus with officers in MX 13(I) and MX14 grades of services receiving additional one-time payments of $150 and officers in MX 15 and MX16 as well as and those in the Operations Support Scheme (OSS) Grades III and IV grades of services receiving additional one-time payments of $250

Year 2023:

2023 Year-end Singapore Civil Service Bonus: Civil servants to receive 0.6-month year-end bonus. Civil servants in grades equivalent to MX13(I) and MX14 will receive an additional lump sum of $400 while those in grades equivalent to MX15 and MX16, and those in the Operations Support Scheme (OSS) will receive a higher lump sum of $800.

2023 Mid-Year Singapore Civil Service Bonus: a 0.3-month mid-year bonus with officer in MX 13(I) to MX16 grades of services receiving additional one-time payments of $200 to $400.

Total: minimal 0.9-month bonus

Year 2022:

2022 Year-end Singapore Civil Service Bonus: a 1.1-month year-end bonus (over and above the “13th-month bonus”) with junior grade officers receiving additional payment of $700

2022 Mid-Year Singapore Civil Service Bonus: a 0.35-month mid-year bonus for the Civil Service with civil servants in more junior grades receiving an additional one-time payment of either $200 or $400

Total: minimal 1.45-month bonus

Year 2021:

2021 Year-end Singapore Civil Service Bonus: a 1.0-month year-end bonus (over and above the “13th-month bonus”) with junior grade officers receiving additional payment of $500

2021 Mid Year Singapore Civil Service Bonus: a 0.3-month mid-year bonus for the Civil Service with civil servants in more junior grades receiving one-time payment of $350 or $700

Total: minimal 1.3-month bonus

Year 2020:

2020 Mid Year Singapore Civil Service Bonus: no Bonus and public officers in superscale grades taking a one-time salary cut of either 0.5 or one month, with those in the higher grades taking a bigger cut.

2020 Year-End Civil Service Bonus: no year-end bonus for all civil servants though there was the usual “13th month” payment. Lower-wage civil servants received a one-time payment of $1,200. As a note, Year 2020 was the year where Covid-19 struck Singapore.

Total: $1,200 for lower-wage civil servants only

Year 2019:

2019 Mid Year Singapore Civil Service Bonus: a mid-year annual variable component (AVC) of 0.45 month’s pay. This will be given out together with a lump-sum payment of S$200, with lower-wage civil servants receiving a higher lump sum of $300.

2019 Year-End Civil Service Bonus: all civil servants below superscale grade will receive a year-end annual variable component (AVC) of 0.1 month and an additional one-off lump sum payment of $250 to $1,500 with Civil servants in the lower pay grades will receive a higher amount. Meanwhile, senior civil servants in superscale grades will receive a one-off payment of $400 in place of a year-end annual AVC.

Total: minimal 0.55-month bonus

My Estimate:

The mid-year Civil Service Bonus for this year (2024) is at 0.45 month and while the total no. of months of mid-year and year-end bonus for last year (2023) is 0.9 months, I estimate that year-end Civil Service Bonus 2024 may go back to close to 1 months of bonus, alike for year 2021 and 2022.

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