What specific amounts are junior staff receiving from Maybank Singapore?

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Maybank Singapore Distributes Ex-Gratia Payments and Bonuses to Junior Staff

Maybank Singapore is providing one-off ex-gratia payments and additional bonuses to over 800 junior employees. This initiative includes a S$1,250 payment for 200 unionised executives and quarter-month bonuses for more than 600 other junior staff members. The individual payout for 2026 has been significantly increased, more than doubling the amount distributed in prior years.
Payout for Unionised Executives

A total of 200 unionised executives at Maybank Singapore will receive a one-off ex-gratia payment of S$1,250 each. This amount is equivalent to RM3,860 and is part of the bank's broader effort to acknowledge employee contributions and address cost-of-living challenges.
Additional Bonuses for Other Junior Staff

In addition to the payments for unionised executives, over 600 other junior staff members will benefit from the ex-gratia initiative. These employees are set to receive additional bonuses equivalent to a quarter of their monthly salary. This tiered approach ensures a wider segment of the junior workforce receives financial support.
Increased Payout Amount for 2026

The individual payout amount for 2026 represents a substantial increase compared to previous distributions. Specifically, the S$1,250 figure is more than double the S$500 that was distributed in earlier years. This adjustment reflects Maybank Singapore's intention to tailor assistance more effectively to staff needs.

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What specific amounts are junior staff receiving from Maybank Singapore?

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