Tuesday, February 05, 2008

The Truth Behind The 13th Month Bonus

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

 

Why is there a 13th month bonus when it really isn't a bonus at all? The mystery is finally revealed!

When the British were in Singapore, they were being paid weekly and 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?

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