betty February 9, 2021

Analysts contacted said they have not come across other employers paying out bonuses as generous as Sheng Siong during the coronavirus pandemic, with one saying that even if there were other companies that did, they were in the minority and would lik

Supermarket operator Sheng Siong offering some employees up to 16 months’ bonus, with eight months’ bonus for most staff in general, appears to be an exception rather than the norm, observers noted.

Many firms are likely to be more prudent in the next few years, amid a highly uncertain economic outlook caused by the Covid-19 crisis.

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