SIA staff to get 7.45 months of bonus for FY2025
Quantum lower than FY2024 but higher than FY2023’s
Add BT as a preferred source
[SINGAPORE] Singapore Airlines (SIA) is said to be rewarding eligible employees with a profit-sharing bonus of 7.45 months for FY2025, marginally lower than the 7.94 months for FY2024, but higher than the 6.65 months for FY2023, The Business Times has learnt.
The annual profit-sharing compensation is based on a longstanding formula that has been agreed with staff unions, a spokesperson from the airline confirmed to BT on Thursday (May 15), adding that it is in recognition of their dedication and hard work.
The full-service carrier had 18,000 staff members on average in FY2025, up 7.6 per cent year on year.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
As luxury retail goes big, can Singapore’s Orchard Road keep up?
