OCBC Junior Staff to Receive S$7.5 Million Cost-of-Living Payout

Bloomberg2024-12-23

Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.An estimated S$7.5 million ($5.5 ...

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BK99
2024-12-23
BK99
Big Cheers to OCBC
Success88
2024-12-23
Success88
Such a great company

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Eligible employees will receive the payout from February to ","content":"<html><head></head><body><p>Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.</p><p style=\"text-align: start;\">An estimated S$7.5 million ($5.5 million) will be handed out to some 11,000 employees across OCBC and its subsidiaries, including Bank of Singapore and OCBC Securities, the lender said in a statement Monday.</p><p style=\"text-align: start;\">The number represents about 40% of OCBC Group’s overall headcount in 17 markets. Eligible employees will receive the payout from February to April 2025.</p><p style=\"text-align: start;\">About 4,000 junior employees will receive S$1,000 each in Singapore. They include new entrants to the workforce and unionized employees, OCBC said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OCBC Junior Staff to Receive S$7.5 Million Cost-of-Living Payout</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOCBC Junior Staff to Receive S$7.5 Million Cost-of-Living Payout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-23 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-12-23/ocbc-junior-staff-to-receive-s-7-5-million-cost-of-living-payout?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.An estimated S$7.5 million ($5.5 ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-12-23/ocbc-junior-staff-to-receive-s-7-5-million-cost-of-living-payout?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O39.SI":"华侨银行"},"source_url":"https://www.bloomberg.com/news/articles/2024-12-23/ocbc-junior-staff-to-receive-s-7-5-million-cost-of-living-payout?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194713904","content_text":"Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.An estimated S$7.5 million ($5.5 million) will be handed out to some 11,000 employees across OCBC and its subsidiaries, including Bank of Singapore and OCBC Securities, the lender said in a statement Monday.The number represents about 40% of OCBC Group’s overall headcount in 17 markets. Eligible employees will receive the payout from February to April 2025.About 4,000 junior employees will receive S$1,000 each in Singapore. They include new entrants to the workforce and unionized employees, OCBC said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":384586030739512,"gmtCreate":1734925033701,"gmtModify":1734925037828,"author":{"id":"4101948424484190","authorId":"4101948424484190","name":"Success88","avatar":"https://static.itradeup.com/news/4408e1a22d73e99adb53aa65dde8ad91","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0,"idStr":"4101948424484190","authorIdStr":"4101948424484190"},"htmlText":"Such a great company&nbsp;","listText":"Such a great company&nbsp;","text":"Such a great company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/384586030739512","repostId":1194713904,"repostType":4,"repost":{"id":"1194713904","kind":"news","pubTimestamp":1734922134,"share":"https://ttm.financial/m/news/1194713904?lang=&edition=fundamental","pubTime":"2024-12-23 10:48","market":"sg","language":"en","title":"OCBC Junior Staff to Receive S$7.5 Million Cost-of-Living Payout","url":"https://stock-news.laohu8.com/highlight/detail?id=1194713904","media":"Bloomberg","summary":"Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.An estimated S$7.5 million  will be handed out to some 11,000 employees across OCBC and its subsidiaries, including Bank of Singapore and OCBC Securities, the lender said in a statement Monday.The number represents about 40% of OCBC Group’s overall headcount in 17 markets. Eligible employees will receive the payout from February to ","content":"<html><head></head><body><p>Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.</p><p style=\"text-align: start;\">An estimated S$7.5 million ($5.5 million) will be handed out to some 11,000 employees across OCBC and its subsidiaries, including Bank of Singapore and OCBC Securities, the lender said in a statement Monday.</p><p style=\"text-align: start;\">The number represents about 40% of OCBC Group’s overall headcount in 17 markets. Eligible employees will receive the payout from February to April 2025.</p><p style=\"text-align: start;\">About 4,000 junior employees will receive S$1,000 each in Singapore. They include new entrants to the workforce and unionized employees, OCBC said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OCBC Junior Staff to Receive S$7.5 Million Cost-of-Living Payout</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOCBC Junior Staff to Receive S$7.5 Million Cost-of-Living Payout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-23 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-12-23/ocbc-junior-staff-to-receive-s-7-5-million-cost-of-living-payout?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.An estimated S$7.5 million ($5.5 ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-12-23/ocbc-junior-staff-to-receive-s-7-5-million-cost-of-living-payout?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O39.SI":"华侨银行"},"source_url":"https://www.bloomberg.com/news/articles/2024-12-23/ocbc-junior-staff-to-receive-s-7-5-million-cost-of-living-payout?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194713904","content_text":"Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.An estimated S$7.5 million ($5.5 million) will be handed out to some 11,000 employees across OCBC and its subsidiaries, including Bank of Singapore and OCBC Securities, the lender said in a statement Monday.The number represents about 40% of OCBC Group’s overall headcount in 17 markets. Eligible employees will receive the payout from February to April 2025.About 4,000 junior employees will receive S$1,000 each in Singapore. 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