S’porean Low-Cost Airline Scoot Rewards Employees With 6 Months’ Bonus After Record Profit

Previously, we shared how eligible employees of Singapore Airlines were given a bonus of 8 months’ salary by the company after a record annual profit.

Now, its subsidiary company, low-cost airline Scoot, has announced that it is following suit by rewarding eligible staff with 6 months bonus.

As reported by CNA, the budget airline will be rewarding eligible employees with a performance bonus of 4.76 months, as well as ex-gratia bonus of up to 1.5 months.

Specifically, the 1.5 months of ex-gratia bonus is made up of 0.5 months of ex-gratia bonus for each of the last 3 financial years; encompassing the period where Scoot and others in the airline struggled due to the Covid-19 pandemic.

Scoot said that this record annual performance bonus is in accordance with the SIA Group’s record profits in FY2022/23.

The low-cost airline asserted that the bumper bonus was in recognition of its staff’s “dedication, hard work and sacrifices, as well as the success of the group’s 3-year transformation programme that has “enhanced the competitiveness and strengthened its foundations for the future”.

So, what do you guys think of the successes of both Scoot and Singapore Airlines? Share your thoughts with us in the comments.

Also read: “For all your pandemic sacrifices” – Singapore Airlines Gives Staff 8 Months Bonus After Record Profit