Civil servants will get a 0.4 month mid-year bonus and workers earning less than $1,200 will get an additional one time payout of $200. The figure of 0.4 month was selected to reflect the economy's moderate 2.5 per cent growth in the first quarter and the likelihood that overall growth this year will range between 2.5 per cent and 4.5 per cent. Hmmm, so is this good news or what?
Bonus? What is that? Well, I believe the civil service and the profitable companies can afford to pay their employees good bonuses, but really how many companies are able to do so? Anyone has the figures? Somehow this term sounds very alien to me. I wonder why?
So are we heading for more good years ahead?
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