Rewards and recognition is one of the key levers that any
organization can use to encourage appropriate behavior,
emphasize both positive as well as undesirable practices,
and recognize excellence. SIA employs various forms of
reward and recognition including interesting and varied
job content, symbolic actions, performance-based share
options, and a significant percentage of variable pay
components linked to individual staff contributions and
company’s financial performance. SIA keeps base salaries
low by offering employees bonuses of up to 50% of their
annual base salary, a formula that is hardwired and depends
on SIA’s profitability. The numerous international accolades
received by the airline over the years, including “best
airline,” “best cabin crew service,” and “Asia’s most admired
company,” serve as further sources of motivation.