{"id":37718,"date":"2021-01-29T12:23:03","date_gmt":"2021-01-29T04:23:03","guid":{"rendered":"https:\/\/sg.everydayonsales.com\/news\/?p=37718"},"modified":"2021-01-29T12:23:03","modified_gmt":"2021-01-29T04:23:03","slug":"sheng-siong-staff-can-get-annual-bonus-up-to-more-than-15-5-months-for-2020","status":"publish","type":"post","link":"https:\/\/sg.everydayonsales.com\/news\/37718\/sheng-siong-staff-can-get-annual-bonus-up-to-more-than-15-5-months-for-2020\/","title":{"rendered":"Sheng Siong Staff Can get Annual Bonus up to more than 15.5 months for 2020"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-37721\" src=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/up-to-more-than-15.5-months-for-2020.jpg\" alt=\"\" width=\"1200\" height=\"630\" srcset=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/up-to-more-than-15.5-months-for-2020.jpg 1200w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/up-to-more-than-15.5-months-for-2020-300x158.jpg 300w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/up-to-more-than-15.5-months-for-2020-1024x538.jpg 1024w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/up-to-more-than-15.5-months-for-2020-768x403.jpg 768w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/up-to-more-than-15.5-months-for-2020-1170x614.jpg 1170w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/up-to-more-than-15.5-months-for-2020-585x307.jpg 585w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Sheng Siong Staff Can get Annual Bonus up to more than 15.5 months for 2020<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-37720\" src=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/sheng-siong_2.jpg\" alt=\"\" width=\"1200\" height=\"800\" srcset=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/sheng-siong_2.jpg 1200w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/sheng-siong_2-300x200.jpg 300w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/sheng-siong_2-1024x683.jpg 1024w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/sheng-siong_2-768x512.jpg 768w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/sheng-siong_2-1170x780.jpg 1170w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/sheng-siong_2-585x390.jpg 585w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/sheng-siong_2-263x175.jpg 263w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Great news for Sheng Siong staff this year<\/p>\n<p>The local supermarket chain Sheng Siong has reported that they have performed tremendously well for the turbulent year of 2020 compared to previous years when their staff are getting a windfall. As the total annual bonus of each employee will suppose to receive a range from 4.7 months for part time staff to around 15.5 months for employee holding the position as assistant manager and above.<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-37719\" src=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/download-1-7.jpg\" alt=\"\" width=\"1200\" height=\"799\" srcset=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/download-1-7.jpg 1200w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/download-1-7-300x200.jpg 300w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/download-1-7-1024x682.jpg 1024w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/download-1-7-768x511.jpg 768w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/download-1-7-1170x779.jpg 1170w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/download-1-7-585x390.jpg 585w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/download-1-7-263x175.jpg 263w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Their staff is getting large bonus due to the overwhelming demands in the past Covid-19 pandemic<\/p>\n<p>This is due to the 20 per cent of the Sheng Siong Group&#8217;s profit before tax as variable bonus, on top of the\u00a0<a href=\"https:\/\/www.mom.gov.sg\/employment-practices\/salary\/variable-wage-components#:~:text=Annual%20Wage%20Supplement%20(AWS),-The%20AWS%20is&amp;text=It%20is%20a%20single%20annual,an%20employee's%20total%20annual%20wage.&amp;text=Payment%20depends%20on%20what%20is,contributing%20to%20the%20company's%20performance.\" target=\"_blank\" rel=\"noopener noreferrer\">13th month payment<\/a> (AWS, also known as Annual Wage Supplement). Where each staff can receive their total bonus depending on their position in the company.<\/p>\n<ul>\n<li>4.68 months for part-time staff,<\/li>\n<li>8.36 months for general staff,<\/li>\n<li>12.04 months for staff who hold a position ranging from Assistant Supervisor to Senior Executive, and<\/li>\n<li>15.72 months for staff who hold the position of Assistant Manager and above<\/li>\n<\/ul>\n<p>As according to Sheng Siong&#8217;s latest financial update on their website where the company&#8217;s profit grew about 54.4 per cent on a year to year basic to $31.8 million for the third quarter of 2020. Where the revenue for the three month increased by 28.9 per cent to $327.3 million which is mainly driven by the strong demand during Covid-19 pandemic.<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-37723\" src=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/WhatsApp-Image-2021-01-22-at-14.25.28.jpg\" alt=\"\" width=\"1200\" height=\"1739\" srcset=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/WhatsApp-Image-2021-01-22-at-14.25.28.jpg 1200w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/WhatsApp-Image-2021-01-22-at-14.25.28-207x300.jpg 207w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/WhatsApp-Image-2021-01-22-at-14.25.28-707x1024.jpg 707w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/WhatsApp-Image-2021-01-22-at-14.25.28-768x1113.jpg 768w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/WhatsApp-Image-2021-01-22-at-14.25.28-1060x1536.jpg 1060w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/WhatsApp-Image-2021-01-22-at-14.25.28-1170x1696.jpg 1170w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2021\/01\/WhatsApp-Image-2021-01-22-at-14.25.28-585x848.jpg 585w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>The official announcement from Sheng Siong website<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sheng Siong Staff Can get Annual Bonus up to more than 15.5 months for&hellip;<\/p>\n","protected":false},"author":6,"featured_media":37721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[65],"tags":[3602],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.2 - 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