Asia

Sheng Siong bumper bonus not the norm, say analysts

SINGAPORE – Supermarket operator Sheng Siong offering up to 16 months’ bonus to its employees, with eight months’ bonus for most staff in general, appears to be an exception rather than the norm, observers note.

Many firms are likely to be more prudent in the next few years, amid a highly uncertain economic outlook caused by the Covid-19 crisis.

Please subscribe or log in to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

Join ST’s Telegram channel here and get the latest breaking news delivered to you.

Source: Read Full Article