The Singapore Government is urging employers to pay their workers a “special one-off SG50” bonus to celebrate SG50. Along with the NTUC and business representatives, the Singapore Government said that this one-off bonus will give “recognition of corporate achievements and contributions to national development”.

Singapore’s government-controlled mainstream media Channel News Asia quoted DBS Bank as an example, which will be giving their employees below the Vice-President position a S$1,000 bonus to celebrate SG50. SMRT was also quoted for giving its workers S$500 worth of shopping vouchers, while NTUC’s Social Enterprises will give a gift to all employers in cash or gifts to celebrate SG50.

Photo from Pinterest
Photo from Pinterest

SG50 is Singapore’s national day’s celebration to commemorate 50 years of independence. The Singapore Government has initially allocated S$5 million funding budget for the project and just recently nearly-doubled it to a total of S$9 million, because of lukewarm response from Singaporeans. The Singapore Government is however still unsatisfied with the level of ground support from Singaporeans, and appointed a full Minister, Minister of Social and Family Development Lawrence Wong, to personally push the project.

How much do you think your year-end bonus will be after your employer gave you the SG50 bonus?