SINGAPORE, Sept 22 — Instead of pocketing everything, Maybank Singapore is passing on part of the savings from the Jobs Credit Scheme to its unionised staff in extra bonuses and training.Some 400 of its unionised employees — or slightly more than a third of its 1,300 local staff — will get 0.5 to 1.5 months’ more in bonuses, depending on their performance.
This is on top of the 2.5 months bonus payout that banks in Singapore, including Maybank, have agreed with unions in the banking sector.
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