Superyandao 1st Gear September 7, 2010 Share September 7, 2010 Currently the formula is pegged to the top 8 professions. I think this introduces a few problems such as likely to cause a skew and biasness and hence increase the income gap. The more the top professions earn, the more the political appointees earns. It then naturally make sense to favour the top 8. This KPI is also not holistic. Too selective. How the lesser mortals are doing is not accounted for. Instead, I think it's better to change the formula peg to the median income of the ENTIRE population regardless of profession. This ensures that the PAs are only rewarded for improving the income of the OVERALL population. There should be an income ceiling of maybe 10-20x of the median income for the entire range of the PAs. If the median income is 3k/mth, then the top PA (President) should not earn more than 20x which is 60k (720k pa) and similar for the lower grades. That amount of income is considered decent. They would be able to afford most luxuries of life. Their children and grandchildren would be well taken care of. What's the point of giving them so much in excess? There's a limit to how much they could and should spend, especially as civil servants. Our President stayed in office for 2 terms. That 10yrs gave him unreachable (to lesser mortal) savings of 25m thereabouts. That's how many lifetime of earnings of the common citizen? Is there a need for so much? How to spend? Imagine MM and PM. No term cap. Moreover, they should be working more for the good of the people than for money. If they are paid more than they need to spend, then bribing them is pretty pointless isn't it? With the current system, I believe majority of the country's millionaires are civil servants. Is this correct? I personally think this is wrong. The wealthiest people in the country should not be civil servants. ↡ Advertisement Link to post Share on other sites More sharing options...
Blackyv Turbocharged September 7, 2010 Share September 7, 2010 sorry to splash you with cold water, it's not going to happen. your "vision" is simply a wet dream and nothing more.... Link to post Share on other sites More sharing options...
Sons_of_singapore Neutral Newbie September 7, 2010 Share September 7, 2010 This is what happened when u have one party system. No check & balance. Link to post Share on other sites More sharing options...
Superyandao 1st Gear September 7, 2010 Author Share September 7, 2010 sigh... with those unreachable income how can they ever comprehend the minds of the man on the streets? how then to create appropriate policies? it's just like those bankers who are used to seeing millions and millions crossing their hands every minute. the numbness must be a considerable factor for the financial crises... reminds me of the barings bank. that's what happened to nick leeson. too used to big numbers and keep on taking bigger risks until he forgot how he started out... Link to post Share on other sites More sharing options...
Superyandao 1st Gear September 7, 2010 Author Share September 7, 2010 wonder pay them so much for what? multimillionaire minister spend a "miserly" 50k to learn cooking also kenna censor. earn already spend also need to control. might as well use that money to improve our lifes. Link to post Share on other sites More sharing options...
Kelpie 2nd Gear September 7, 2010 Share September 7, 2010 This is what happened when u have one party system. No check & balance. My suggestion is that the party be split into 2 parties voluntarily and fight among themselves for parliamentary seats if we really want check and balance at current situation. Regards, Link to post Share on other sites More sharing options...
SimonTan 2nd Gear September 7, 2010 Share September 7, 2010 the usual argument is since it's so good, why aren't there more people going for the job? It's legal, it's easy, it's zero risk, why not many want the job? Or are we all happy with just $5k per month? Link to post Share on other sites More sharing options...
NightWind 4th Gear September 7, 2010 Share September 7, 2010 sigh... with those unreachable income how can they ever comprehend the minds of the man on the streets? how then to create appropriate policies? it's just like those bankers who are used to seeing millions and millions crossing their hands every minute. the numbness must be a considerable factor for the financial crises... reminds me of the barings bank. that's what happened to nick leeson. too used to big numbers and keep on taking bigger risks until he forgot how he started out... sorry..bankers get retrenched....fired...they have short shelf life. Singapore's PAP ministers have iron rice bowls....and lifetime tenures see: http://groups.yahoo.com/group/Sg_Review/message/6856 Link to post Share on other sites More sharing options...
NightWind 4th Gear September 7, 2010 Share September 7, 2010 wonder pay them so much for what? multimillionaire minister spend a "miserly" 50k to learn cooking also kenna censor. earn already spend also need to control. might as well use that money to improve our lifes. see old well circulated article: http://groups.yahoo.com/group/Sg_Review/message/6856 Link to post Share on other sites More sharing options...
NightWind 4th Gear September 7, 2010 Share September 7, 2010 see old well circulated article: http://groups.yahoo.com/group/Sg_Review/message/6856 Singapore Ministers Pay, Legitimised Corruption With the extended downturn in the recession we see large banks falling, accompanied with salary cuts and retrenchments in the private sector. One looming question is whether the pay of Singapore's Million Dollar ministers (which are supposed to be pegged to private sector salaries of top income earners) will also see a 50-70% pay-cut? We think not and circulate an old article which discusses this issue ----------------------------------------------------------------------------- Singapore Ministers Pay, Legitimised Corruption Singapore Review, 2 May 2003 (updated May 2005) By Mellanie Hewlitt The headlines blared loudly in the 2 May 2003 issues of the Straits Times and Business Times "Pay cut? Ministers ready to lead by example: DPM", announcing to the entire world this selfless act of leadership by Singapore's Ruling Elite. In what appeared to be an initial move to reduce severely inflated salaries, to more reasonable industry standards, Singapore's Ruling Elite have bowed to public pressure and hinted at accepting a pay cut. Or have they? What exactly does "Leading By Example" mean? Lets try to put some substance behind those brave words. As of last count, average take home pay of a Singapore minister was well in excess of SGD100,000/- a month. The below table puts things back in proper perspective: (these are basic figures as of July 2000 and did not include last year's pay hikes or other benefits. Otherwise the updated numbers may well be much larger) 1. Singapore President's Basic Salary US$1,483,000 (SGD$2,373,100)*a year Singapore Prime Minister's Basic Salary US$1,100,000 (SGD1,958,000) a year Minister's Basic: US$655,530 to US$819,124 (SGD1,166,844 to SGD1,458,040) a year 2. United States of America President: US$200,000 Vice President: US$181,400 Cabinet Secretaries: US$157,000 3. United Kingdom Prime Minister: US$170,556 Ministers: US$146,299 Senior Civil Servants: US$262,438 4. Australia Prime Minister: US$137,060 Deputy Prime Minister: US$111,439 Treasurer: US$102,682 5. Hong Kong Chief Executive : US$416,615 Top Civil Servant: US$278,538 Financial Sec: US$315,077 Source: Asian Wall Street Journal July 10 2000 *Singapore President's salary which was updated in 2005 from the Singapore Straits Times In relative terms, less then 20% of Singaporeans here have take home salaries exceeding SGD100,000/- A YEAR. In stark contrast, BASIC SALARY FOR A MINISTER STARTS AT SGD1,166,844 A YEAR,OR JUST UNDER SGD100,000 A MONTH. What these ministers earns in just ONE MONTH exceeds the ANNUAL TAKE HOME salary of 80% of Singapore's income earning population. Lets not even begin to compare annual packages which will exceed SGD1 million easily. With the above numbers and figures now in perspective, it is easier to give substance to the words "leading by example". Several facts are noteworthy here; a) That the ministerial salaries are grossly out of proportion, even when compared with their counterparts in much larger countries (US and UK) who have far heavier responsibilities. b) That these salary reductions were long overdue. In the past, such handsome remuneration were "justified" on the back of resounding performance. However, Singapore's economy has been in the doldrums of a recession for several years now (with beginnings reaching as far back as the 1997 Asian economic crisis). This economic barometer is a rough measure of performance and implies that ministerial salaries were due for review at least 3-4 years ago. c) That adjustments should be made to bring them back within the industry benchmarks. Taking the salary of US vice president as a rule of thumb, the percentage for reductions should start at 50% of current pay. Even if a Singapore minister takes a 50% pay-cut, he would still be earning much more then the US vice president. d) The percentage reductions should greater then 50% if the intent is to bring the salaries within the perspective of Singapore's domestic scene. With such inflated figures, it is understandable why the local government controlled media (Singapore Press Holdings) have taken pains to exclude mention of actual numbers for the world to see. The numbers would be too glaring and no amount of window dressing or creative writing could have reconciled these numbers with a sane figure and restored credibility. Also relevant is the question whether such highly paid million dollar ministers can ever relate to the plight of the average man on the street. The remarks of Mrs Goh Chok Tong, that a SGD600,000/- per annum salary (of NKF CEO) is PEANUTS, is a harsh reflection of the real mind-sets, priorities and values of Singapore's million dollar ministers. And it is these same million dollar elitist bureucrats who will shape and determine public policies which will touch on the daily lifelihoods of every Singaporean. http://f5.grp.yahoofs.com/v1/QKgPRJ1g291aU...8ok-QJiK5\ xGY1KbdcQm03b-1sjI6V2gQYH8YVi1o6U/Peanuts.jpg It is unlikely that Singapore's Ruling Elite will accept such huge salary cuts. Exactly How much and when the ministerial pay-cuts takes effect is not revealed. Ask any man on the street and 9 out of 10 responses indicate many agree the current ministerial salaries are grossly inflated, especially in these lean and difficult times. Said a long time forumer from an internet political chat group: "First of all the Ministers are NOT leading on pay cut. Workers' salaries have been drastically reduced since the beginning of the recession while thousands have been unemployed. so the Ministers are NOT LEADING. they are only CATCHING UP. And they have several decades to catch up on." "Secondly, how much of a pay cut will Ministers take? 10%? 20%? unless its a cut that will affect their lifestyles, it is merely symbolic and they would still not know what it feels like to be a normal worker. as such, this is not Leading by Example. Its just another bogus political propaganda stunt" A 29 yr old executive who requested to remain anonymous admitted sheepishly ; "The numbers (ministerial salaries) are a national embarrassment really, because it reflects the underlying materialistic value systems of Singapore Ministers. No matter how you look at it, the fact remains that our ministers are money faced, and these are supposed to be Singapore's leaders, with value systems that Singaporeans should follow." "It (the ministerial salaries) puts Singapore in a bad light in the eyes of the world. The rest of Singaporeans really put in an honest days work for every penny they earn. And the process for review and approval of the ministerial salaries is also a joke. Imagine sitting on the board and approving (on White Paper)your own salary increments! Its all a wayang show". This also raises the question as to the authenticity of the actual process for review and approval of cabinet minister's salaries. Who decides on these numbers? Is there independence and transparency? Veteran opposition figure J.B. Jeyaretnam on Wednesday, Nov 20, 2002 challenged Singapore government ministers to take a pay cut to show they understand the economic hardships faced by the public. And the over-riding concern is that Singapore's Ruling Elite are unable to appreciate the economic hardship that the masses face in these tough times. The growing public resentment comes afew months after PM Goh's careless comments that "lay-offs were not all bad", drew a backlash from the public with a flood of e-mails being sent to the foreign press to register public indignation. It is a revelation that when the "paycuts" were finally effected they amounted to a miniscule 10% haircut from the massively bloated ministerial salaries. It is also a revelation that barely a year later (in June 2004) the bloated ministerial salaries were restored and increased beyond their original levels even as the rest of Singapore was still struggling in the throes of a recession. (There were no CPF restorations for the rest of working Singaporeans). Source Sg_Review group Singapore Review welcomes honest feedback on this hotly debated topic. You can Send your comments to the editor: [email protected] --------------------------------------------------------------------------------\ ----- From: Julie Rogers To: Singapore Review 27 October 2004 Does Inequality Make You Sick? S'pore ministers salaries Hi, I pondered over Catherine Lim's article "PAP and the people: A return of disaffection?" (see: http://www.singapore21.org.sg/art_disaffection.html#debate1) Until recently I knew next to nothing about Singapore so it is a revelation that my first introduction to this little speck is through various discussions on the internet about Ministerial Salaries. Quite frankly I am rather appalled by the fact that ministers in your country can earn upwards of USD 1 million. Any officer of the state is a public servant and this was a once noble and honourable calling. In the civilised world, persons assume this office because they want personally to contribute to the well being of the country. Self sacrifice and altruism are essential hallmarks for a public office holder and the minister must be ready and willing to make these personal sacrifices. If the heart is not in this noble service, then it will be wasted effort. Money should not be an issue at all and if it is, then your "elected leaders" have very ill-placed priorities and are obviously in it for the wrong reasons. Even if we were to overlook the misplaced financial motives of your ministers, the sheer gulf in income disparity between ministerial salaries and those of the working class will create a huge irreconcilable dichord and disenchantment with any normal voting public. (A valid point in Catherine Lim's article) But I am told that Singapore is a democracy with elected leaders! So I have to assume that Singapore must have a very unique "voting public" which is able to silently and willingly take all this in their stride. Singaporeans should take note here that Who they vote for and who they elect is a reflection of their own core value systems and the undeniable fact remains that Singaporeans have elected a group of Leaders who are eminently pre-occupied with escalating their on salaries. I for one will never be able to accept this unequal state of affairs if ever it was my lot. And thank goodness it isn't for I will never be able to sleep soundly at nights knowing that the fate, future and well being of my country are in the hands of a bunch of financially motivated hired mercenaries. Below is a further write-up of some of the social ills that a huge income disparity can create. There is an old saying that the most efficient form of governance is a Monarchy, but this assumes the Monarch has the same priorities and agenda as the people he rules. Is this the case with Singapore's Monarchy? I repeat that who you elect is a mirror image of your own core values and Singaporeans have to ask themselves whether their current leaders who require million dollar salaries to be in office, have the same value systems as the voters who elected them. Lastly, I have also copied in Guniess World of Records to see if this unique feature of your country will earn it a place in the world record books. Julie Rogers ------------------------------------------------------ Mellanie Hewlitt 22 Feb 2005 Singapore Review Million Dollar Mini$terial $alaries - The Rea$on$ Again? In light of the recent Singapore Budget 2005, we recirculate below discussions as a comparison to how much singapore's million dollar ministers have "contributed" to the country. a) Is there a budget for Singapore's million dollar ministers? b) Is there accountability and transparency? c) Who authorises ministerial pay increments and are these approving authorities once removed from duress and influence? d) How are these increments justified? e) If these salaries are performance based how do you measure the performance of a million dollar minister? f) Does the general public and voting citizens feel these million dollar salaries are justified? g) Where is the dividing line between legitimised corruption and legitimate million dollar salaries? h) Do these million dollar ministers have values which represent those of the average Singaporean? The list of questions is endless but there are still no convincing answers. Read on and decide for yourselves. http://groups.yahoo.com/group/Sg_Review/message/1360 Link to post Share on other sites More sharing options...
Karoon Turbocharged September 7, 2010 Share September 7, 2010 *chop* Approved! next! Link to post Share on other sites More sharing options...
Sons_of_singapore Neutral Newbie September 7, 2010 Share September 7, 2010 When economy is moving slow, they will tell u it due to external factors like US Financial Crisis but when economy is good, they will take credit & get big fat bonuses on top of their bigger fatter salaries. PAP will tell u that if u vote for OP then all yr HDB price will drop (not supply & demand?) but they forget that they r also once an OP prior to GE on 30 May 1959. If Singaporean didn't have the courage to vote for OP which is PAP in 1959 history will be different today. Likewise today we should have the same courage to vote for our OP in the coming GE. U know what happen to the consumer if the market is control by the monopoly for too long. Link to post Share on other sites More sharing options...
Moredhel 2nd Gear September 7, 2010 Share September 7, 2010 When economy is moving slow, they will tell u it due to external factors like US Financial Crisis but when economy is good, they will take credit & get big fat bonuses on top of their bigger fatter salaries. PAP will tell u that if u vote for OP then all yr HDB price will drop (not supply & demand?) but they forget that they r also once an OP prior to GE on 30 May 1959. If Singaporean didn't have the courage to vote for OP which is PAP in 1959 history will be different today. Likewise today we should have the same courage to vote for our OP in the coming GE. U know what happen to the consumer if the market is control by the monopoly for too long. After reading your post, I feel deeply troubled. This brings to mind deep thoughts like why... Why? ... ...the cat is still patting the duck... Link to post Share on other sites More sharing options...
Zyrofillica 1st Gear September 7, 2010 Share September 7, 2010 *chop* Approved! next! Lol at this thread. much more entertaining than walking around in a clown suit with an exposed bottom Link to post Share on other sites More sharing options...
NightWind 4th Gear September 8, 2010 Share September 8, 2010 Lol at this thread. much more entertaining than walking around in a clown suit with an exposed bottom Its less funny when u realise u r paying for their million dollar salaries from your income tax, CPF, COE, ERP, GST, etc...sorry but i dont see the humour in this. The only ones LOL all the way to the bank r the PAP ministers... Link to post Share on other sites More sharing options...
Zyrofillica 1st Gear September 8, 2010 Share September 8, 2010 Its less funny when u realise u r paying for their million dollar salaries from your income tax, CPF, COE, ERP, GST, etc...sorry but i dont see the humour in this. The only ones LOL all the way to the bank r the PAP ministers... only to be taken seriously when an opposition member brings this up in parliament. other than that, its just another joke Link to post Share on other sites More sharing options...
Kyrios Turbocharged September 8, 2010 Share September 8, 2010 I am fine with the current policies just that I am not happy with the FT policy. Mr Goh rcently wanted to offer citizenships to 10% of the PRs. In all my life spent staying in other countries such as US etc, I have not seen a gahmen cheapening citizenship by so much. Perhaps they want the FTs to vote for them? I mean dont these minsters realise that these PRs are only here for the high pay they managed to wrestle from Singaporeans? and that they will not stay for long? By the way, is it possible that most good gahmen policies are often initiated, thought and planned by the middle ranking people working in ministries and stat boards, seldom the ministers come out with the ideas. The ministers just approve and read out loud in parliament. Link to post Share on other sites More sharing options...
Leok777 Clutched September 8, 2010 Share September 8, 2010 apparently now they say he joking only....wah pay so much for him to karaoke only ↡ Advertisement Link to post Share on other sites More sharing options...
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