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
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?
