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Why Singapore Airlines hands staff eight months' salary in bonus?

Shortpedia

Content Team
Image Credit: NewsBytes

Air carrier Singapore Airlines is set to pay its staff a bonus of approximately eight months' salary after bringing in a record annual profit. As per reports, employees will be paid a profit-sharing bonus equivalent to 6.65 months' payout and a maximum of 1.5 months' salary ex-gratia bonus as an appreciation for their sacrifices and hard work during the COVID-19 pandemic.