SINGAPORE (THE BUSINESS TIMES) - Citi Singapore is giving around 1,600 employees a $1,200 one-off special compensation award to ease the impact from the Covid-19 situation.. Read more at straitstimes.com.
SINGAPORE - Citi Singapore is giving around 1,600 employees a $1,200 one-off special compensation award to ease the impact from the Covid-19 situation.The special compensation is for staff with an annual base salary of $70,000 or less, the bank announced on Thursday . This is about a quarter of its Singapore employees.
The bank will also refund season parking charges to employees who are season parking ticket holders at Asia Square and Changi Business Park for April and May this year. The measures are part of a global initiative to help workers amid the novel coronavirus situation which will see more than 75,000 Citi employees benefiting from the special compensation award, said the bank.
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