13th month bonus(or pay)
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Category: Off-Topic/For Fun
Subject: 13th Month Bonus? Is it really a bonus? Please read
Posted on 12/10/2004 11:32:43 AM
Note:
I received this email from a friend last year. Just thought of sharing this to those who don't know it yet. Merry Christmas!
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Why is there a 13th month bonus when its 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 were 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 worked out to 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!!!!
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