DBS to pay $1,000 one-time bonus to 6,800 junior staff in SG
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The move covers over 23,000 employees across global operationsDBS will be giving a special one-time bonus of $1,000 to junior-ranked employees, according to the group’s press release.The move covers nearly 6,800 employees in Singapore, part of more than 23,000 staff across the bank’s global operations. DBS has allocated $18m for the initiative.The bank previously gave a similar bonus of $1,000 to junior employees in 2024, which totalled $15m.The bonus recognises the contributions of junior staff amidst difficult business conditions, said DBS CEO Tan Su Shan.
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