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I was enlisted on 1 March. How much will I be getting for the mid-year and year-end bonuses?
You will be paid the pro-rated bonuses from the date of enlistment to 30 Jun for the mid-year bonus and from the date of enlistment to 31 Dec for the year-end bonus. The general formulae are as follows:
a) Mid-Year Bonus = [Substantive Salary as at 30 Jun] x no. of days served / 181 x quantum
b) Year-End Bonus = [Substantive Salary as at 31 Dec] x no. of days served / 365 x quantum
Related questions
How are the mid-year and year-end bonuses computed? When will the bonuses be paid?
I was enlisted into SAF last month but have yet to receive my pay. Why?
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I have just received my promotion last month. I noticed that my original annual increment (AI) date has been changed. Why is that so?
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I am a regular going ORD in May and thus do not serve the entire calendar year. Will I be qualified for the mid-year and year-end bonuses?
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