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Bright spot for private sector bonus, but not all sectors will see gains

Insurance, manufacturing, tech sectors may have cause to celebrate, but smaller payouts expected for construction and O&M

"SMEs don't hire and fire like nobody's business. They are a bit more family-centric. As long as you perform, SMEs generally are prepared to make do with lesser margins rather than to retrench more workers," says Mr Wee.


EMPLOYEES in the private sector have some reason to cheer this festive season, as the outlook for bonuses has brightened somewhat on the back of Singapore's better-than-expected economic growth this year.

But they might want to hold back on the champagne and confetti as...

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