UOB to give 6,000 junior staff 1-time half-month salary payout 'in recognition of their contributions'

UOB will provide its junior employees with an extra half-month base salary payout on a one-off basis, in recognition of their contributions amid a challenging external environment, the bank said.

This supplementary payout will be paid to about 6,000 employees in the second quarter of this year and will amount to a total of about S$4 million.

UOB said it was committed to ensuring its employees' wage structure is fair and competitive.

This comes as UOB reported a 7 per cent fall in fourth-quarter net profit.

Net profit for 2025 was S$4.7 billion, down from S$6 billion in 2024.

UOB said this was largely due to the pre-emptive general allowances they set aside in the third quarter to "strengthen provision coverage amid growing macroeconomic uncertainties".

UOB recommended a final dividend payment of 71 cents per ordinary share.

Together with the interim dividend of 85 cents per ordinary share, the total dividend for 2025 will be S$1.56 per ordinary share, representing a payout ratio of approximately 50 per cent.

Image from UOB and Canva