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Almost 7 in 10 employers intend to give bonuses to all employees
42% may give up to 50% of staff salary.
According to the 2017 Hays Asia Salary Guide, in the coming year, 66% of employers in Singapore intend to award bonuses to all employees and 25% to only some employees.
Of the employers in Singapore paying bonuses, 42% expect bonuses to be worth from 11-50% of staff salary; 31% up to 10% of staff salary, and 14% from 51-99% of staff salary. Another 13% of employers in Singapore expect to pay bonuses worth 100% of staff salary.
Across all countries in the region, bonuses were most commonly related to company performance (88%) or individual performance (84%). Only 10% of staff bonuses were guaranteed. A further 34% of bonuses were related to team performance and a small 2% to hours billed.
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