January 29, 2011
January 26, 2011
2011 - Annual Wage Supplement (AWS) or The 13th Month Pay
Annual Wage Supplement (AWS) or The 13th Month Pay in the Singapore
Annual Wage Component
The Annual Wage Component is made up of the Annual Wage Supplement (AWS) and any other annual bonuses.
AWS is also known as 13th month payment. It is a one-off payment that is supplementary to the total amount of annual wages earned.
An annual bonus is an optional, one-time payment given at the end of the year. It is usually paid to motivate employees who have performed well.
The Government recommends that the Annual Variable Component be 20% of annual wages or 1-3 month's salary.
The Annual Wage Component is not compulsory. You may choose to include AWS and other bonuses in employment contracts negotiated with your employees.
Wooohoooooo ~~~~~~ $$$$$ ~~~~~~~
January 15, 2011
January 1, 2011
Finally its 2011
Yes ... 2011 is here.
every year, people always ask about our New Year resolution for the next coming year and what we had achieved for the past year.
Its actually always the same for each year ... How many did actually one remember to do and achieve?
Must improve health, must be more hard working, eat less, pend less, must do this must do that, must go there must go here bla bla bla the list just goes on. The restriction and to do list that we impose on ourselves just mounts every year.
So whats mine ?
Just this important one.
To spend more time with my family. My parents, my brother, my wife and my lovely son Ethan.
I believes that nothing is worth much more then any of them.
Happy New Year !!!!!
every year, people always ask about our New Year resolution for the next coming year and what we had achieved for the past year.
Its actually always the same for each year ... How many did actually one remember to do and achieve?
Must improve health, must be more hard working, eat less, pend less, must do this must do that, must go there must go here bla bla bla the list just goes on. The restriction and to do list that we impose on ourselves just mounts every year.
So whats mine ?
Just this important one.
To spend more time with my family. My parents, my brother, my wife and my lovely son Ethan.
I believes that nothing is worth much more then any of them.
Happy New Year !!!!!
Happy New Year 2011
May we wishes all
A HAPPY NEW YEAR !!!!!!!!!!!!!!!!!!!!!
Huat ah ~~~~~~~~~~~~~~!!!!!!!!
(oh ya... thats not me)
A HAPPY NEW YEAR !!!!!!!!!!!!!!!!!!!!!
Huat ah ~~~~~~~~~~~~~~!!!!!!!!
(oh ya... thats not me)
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