SINGAPORE Airlines (SIA) : C6L 0%is said to be rewarding eligible employees with a profit-sharing bonus of 7.94 months for FY2024, following the group’s record earnings, The Business Times has learnt.
This is higher than FY2023’s 6.65 months, which did not include ex-gratia bonus to reward staff for their hard work during the pandemic.
The annual profit-sharing compensation is based on a long-standing formula that has been agreed with staff unions, a spokesperson from the airline told The Business Times last year.