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Isn't 13th month a bonus?

MarrickG

Alfrescian
Loyal
Saw this date post. If this is true, why many employer dun give 13th month?

Hi all,

Interesting fact and I think that we have been short changed.

Let me tell you a story about 13-month bonus......


Why there is a 13-month bonus when it is really isn't a bonus?

The mystery is finally revealed! When the British were in Singapore , they were being paid weekly & they argued that Singaporeans were actually being cheated into believing that the 13th month pay is a bonus.

Singaporeans are being paid monthly which is equivalent to 4 weeks pay coz there are 4 weeks in a month. As the British were paid weekly, it worked out to the same. You see, there are 7 days in a week. 4 weeks in a month. 12 months in a year. Then 12 months should work out to 48 weeks only.

But 1 year actually has 52 weeks!!! Hence the 13th month is your own pay not bonus??!!). So, the British argued that there is in fact no
bonus at all???

It is a very simple calculation that stunned many!!!!
BONUS??? What bonus??? .

Now you understand ?

http://forums.sgclub.com/singapore/13th_month_bonus_4917.html
 

cockie

Alfrescian
Loyal
13th Month is known as "AWS" which mean Annual Wage Supplyment not bonus..........!
 

Cerebral

Alfrescian (InfP) [Comp]
Generous Asset
actually a lot of people are not aware of the intracacies of the 13th month payout. If the amount is stated on your employment contract then it is not a bonus, but if not stated, then it is a bonus and you are under the mercy of the company
 
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