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Monday, January 08, 2007
13 months bonus

Let me tell you a story about 13-month bonus......
Why there is a 13-month bonus when it is really isn't a bonus?
The mystery is finally revealed!

When the British were in Singapore, they were being paid weekly & they argued that Singaporeans wer 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....???