Maybank Singapore rolls out $1,250 ex gratia support for junior staff amidst cost pressures
The one-off payout will be distributed to eligible juinor employees.
Maybank Singapore will provide a one-off $1,250 ex-gratia payment to eligible junior employees following the release of its 2025 financial results, according to a press release.
The payment is intended to support staff facing cost-of-living pressures and matches the level provided last year, which the bank described as “an above-market figure for individual support.”
Alvin Lee, Country CEO and CEO of Maybank Singapore, said the payment recognises employee contributions in the current operating environment, whilst targeting colleagues managing day-to-day expenses.
The bank is entering the next phase of its ROAR30 strategy, focusing on workforce development and the enhancement of internal capabilities.