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The bonus is typically calculated based on the number of months the employee has worked in the calendar year. Employees who have worked for the entire year usually receive a full bonus, while those who joined or left during the year receive a pro-rated amount.

Understanding 13th-Month Bonus Calculation in Singapore

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Most companies assign a target bonus that each employee is eligible to receive at the end of the year. The employer awards the full annual bonus if the employee meets specific goals and the company or department meets its performance goals.

Employee Bonus Guide - Business

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