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MAY 2023

Week 20

News

Singapore Airlines awards employees bonuses of two-thirds of their annual salaries

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May 19th 2023

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Singapore Airlines (SIA) staff will receive a bonus of up to eight months of their annual pay checks after the airline posted a record annual profit in its fiscal 2023 financial year, local media reports, quoting a spokesperson for the Singapore flag carrier. Read More » Eligible staff will receive the bonuses as part of a profit-sharing arrangement equivalent to about 6.5 months of pay and up to 1.5 months of their salaries for their work performance during the pandemic. The bonuses are part of the airline group’s long-standing profit sharing arrangement with its employees.

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