Citi Singapore doles out S$1,200 cash to lower-paid staff as Covid-19 aid
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Vivienne Tay
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Singapore
CITI Singapore is giving around 1,600 employees a S$1,200 one-off special compensation award to ease the impact from the Covid-19 situation. The move is expected to cost S$2 million.
The special compensation is for staff with an annual base salary of S$70,000 or less, the bank announced on Thursday. The S$1,200 will be credited into its employees' Citibank accounts in April.
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