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#1

Posted 11 September 2018 - 07:41 AM

Theoldjaffa
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Will station myself outside ministries instead of commercial buildings to sell my tisu liao :grin:

Excerpts below. Click on the link for full article as it's difficult to post from my 4" phone.

https://www.straitst...ry-in-last-five

Political office holders of all grades received an average annual performance bonus of around four months' salary in the last five years, with the amount given to each individual ranging between three and six months of their pay each year, said Prime Minister Lee Hsien Loong on Monday (Sept 10).


Lao Goh said again, Ministers are not paid enough

Braddell Heights resident Abdul Aziz, 70, had asked if ministerial salaries could be cut to fund pensions for elderly people. In response, Mr Goh said that while the idea of helping the elderly more is not wrong, cutting ministers' pay will be a populist move.

He added that Cabinet ministers are not paid enough, and that it would become harder to attract good people to join the Government in future.


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#2

Posted 11 September 2018 - 07:53 AM

Carbon82

Will station myself outside ministries instead of commercial buildings to sell my tisu liao :grin:

Excerpts below. Click on the link for full article as it's difficult to post from my 4" phone.

https://www.straitst...ry-in-last-five


Lao Goh said again, Ministers are not paid enough

 

Have a strong urge to dislike your post not because of you or the content, but that article of LHL reply... ... [:|]

 

SINGAPORE - Political office holders of all grades received an average annual performance bonus of around four months' salary in the last five years, with the amount given to each individual ranging between three and six months of their pay each year, said Prime Minister Lee Hsien Loong on Monday (Sept 10).

 

The average performance bonus hit a high in 2015, when political office holders received 4.4 months of bonus, while the lowest bonus in the last five years was in 2017, when they received 4.1 months of bonus.

 

The performance bonus is one of the components that make up the benchmark salaries of political office holders. The other components include their monthly salary, the 13th month non-pensionable annual allowance, national bonus, and annual variable component as paid to civil servants.

 

Pardon me for my poor command of English, but does the statement means that the PB is on top of the 13th month and other bonuses paid to civil servants?? :excl:


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#3

Posted 11 September 2018 - 07:55 AM

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So, which of the top income bracket basket of professions did the MIW decide to cherry pick to follow to award themselves triple lottery of high salary, high pension and high bonus?

 

As far as I know, most top surgeons are self employed or private limited. They earn a high income but that is about it. Nobody pays themselves pensions. That is called retirement fund for the non-elite.

 


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#4

Posted 11 September 2018 - 07:56 AM

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Have a strong urge to dislike your post not because of you, but the article... ... [:|]


The average performance bonus hit a high in 2015, when political office holders received 4.4 months of bonus, while the lowest bonus in the last five years was in 2017, when they received 4.1 months of bonus.

The performance bonus is one of the components that make up the benchmark salaries of political office holders. The other components include their monthly salary, the 13th month non-pensionable annual allowance, national bonus, and annual variable component as paid to civil servants.

Pardon me for my poor command of English, but does the statement means that the PB is on top of the 13th month and other bonuses paid to civil servants?? :excl:

Yes, its on top. So chao chao 16k x 5 = 80k. Huat ah!!
[laugh]

Edited by Mason016, 11 September 2018 - 07:56 AM.

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#5

Posted 11 September 2018 - 08:05 AM

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Have a strong urge to dislike your post not because of you or the content, but that article of LHL reply... ... [:|]

SINGAPORE - Political office holders of all grades received an average annual performance bonus of around four months' salary in the last five years, with the amount given to each individual ranging between

three and six months

of their pay each year, said Prime Minister Lee Hsien Loong on Monday (Sept 10).



The average performance bonus hit a high in 2015, when political office holders received 4.4 months of bonus, while the lowest bonus in the last five years was in 2017, when they received 4.1 months of bonus.



The performance bonus is one of the components that make up the benchmark salaries of political office holders. The other components include their monthly salary, the 13th month non-pensionable annual allowance, national bonus, and annual variable component as paid to civil servants.

Pardon me for my poor command of English, but does the statement means that the PB is on top of the 13th month and other bonuses paid to civil servants?? :excl:
Yes it's on top of the AWS.

While I'm generally not against the idea of paying ministers well, I'm just dulan that when they have such high pay liao, it's still "not enough".

And such bird talk like "Later on, Mr Goh added in a Facebook post that "salaries are not our starting point in looking for ministers. Character, motivation, commitment, selflessness, practical abilities, competence and proven performance are the main attributes we look for. The first four attributes are veto factors"."

Proven performance? LJ lah. Then don't parachute in generals to head ministries can.
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#6

Posted 11 September 2018 - 08:23 AM

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Donald trump has shown that the economy can perform despite of and not because of political leadership...
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#7

Posted 11 September 2018 - 08:43 AM

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Average 4 month PB ..... still got
AWS
National Bonus
SMLJ Annual Variable Component
Pension

Huat kah seow

#8

Posted 11 September 2018 - 09:01 AM

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Quote :-
He added that Cabinet ministers are not paid enough, and that it would become harder to attract good people to join the Government in future.

By the same token private enterprises are having the same problem ..... they too can’t get workers, forget about good workers by which I mean restaurants, mom n pop shops or factories ,food courts, departmental stores , small hotels ...... even tourists complain the service sector here sucks

#9

Posted 11 September 2018 - 09:16 AM

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4.1 months bonus is 5 year lowest? huat ah!

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Edited by Wt_know, 11 September 2018 - 09:17 AM.


#10

Posted 11 September 2018 - 09:22 AM

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4.1 months bonus is 5 year lowest? huat ah!

They surely are THE highest paid in the WORLD.. three cheers for Singapore.. so proud 😑

It's a shame they are not held up as example for the rest of us.

#11

Posted 11 September 2018 - 09:22 AM

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4.1 months bonus is 5 year lowest? huat ah!

 

They so poor thing. GST was meant to help the poor. Better increase to 10% so they get some assistance.



#12

Posted 11 September 2018 - 09:29 AM

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performance bonus is not the only bonus hor
still got AWS, national bonus, annual variable component
lala81 bil civil servant huat ah!

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Edited by Wt_know, 11 September 2018 - 09:30 AM.


#13

Posted 11 September 2018 - 09:32 AM

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got pride ...now got pride to talk to peasant
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#14

Posted 11 September 2018 - 09:35 AM

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performance bonus is not the only bonus hor
still got AWS, national bonus, annual variable component
lala81 bil civil servant huat ah!

 

Normal civil servant don't have so much bonus la.


That is all.

#15

Posted 11 September 2018 - 09:36 AM

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Performance ?
Bonus?

Ridiculous.
Downright.
Targetting to truly retire by 2028
Give away my CPF
Travel the world and smoke those Cubans!

#16

Posted 11 September 2018 - 09:39 AM

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How much is National Bonus?



#17

Posted 11 September 2018 - 09:39 AM

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Normal civil servant don't have so much bonus la.

ok, there is normal servant and not normal servant ... lol

#18

Posted 11 September 2018 - 09:44 AM

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So, which of the top income bracket basket of professions did the MIW decide to cherry pick to follow to award themselves triple lottery of high salary, high pension and high bonus?

 

As far as I know, most top surgeons are self employed or private limited. They earn a high income but that is about it. Nobody pays themselves pensions. That is called retirement fund for the non-elite.

 

Dun complain ... They are not earning enough leh. Please refer to this list https://dollarsandse...id-ceos-fy2017/

 

All of them are CEO caliber hor -_- Already give face never put another zero behind their pay liao


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#19

Posted 11 September 2018 - 09:57 AM

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Which of the CEOs in the list have pension in their package?

 

If you calculate all the cabinet's base salary + pb + 13th mth + national bonus + annual variable component........I am sure it will be more than the CEOs'.

 

The joke is that while all the CEOs' pay are fully transparent  because they have to answer to the shareholders. Our leaders don't need to even be transparent about all of their full effective pay when they are stuffing themselves with taxpayers' money.

 

So That's why I say the MIW knows when to cherry pick the best combination of factors to maximize their income.

 

Dun complain ... They are not earning enough leh. Please refer to this list https://dollarsandse...id-ceos-fy2017/

 

All of them are CEO caliber hor -_- Already give face never put another zero behind their pay liao

 


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#20

Posted 11 September 2018 - 10:03 AM

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they didn't get the 9% increment leh

https://mothership.s...hean-wont-rise/


Edited by Wt_know, 11 September 2018 - 10:08 AM.



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