Qpik Supercharged March 26, 2012 Share March 26, 2012 Published on Mar 26, 2012 Ministers and other political appointment holders will be paid a National Bonus this month equivalent to 1.6 months of their pay. The National Bonus is a new bonus that provides a direct link between the salaries of political appointment holders and the socio-economic progress of average and lower-income Singapore citizens and the growth of Singapore. It came about after Parliament endorsed the White Paper on 'Salaries for a Capable and Committed Government' in January this year. Based on the approved formula, the 2011 National Bonus is 2.625 months but since the new salaries took effect on May 21 last year, the pro-rated amount will be 1.618 months, to be paid in March 2012, the Public Service Division (PSD) said in a statement on Monday. ↡ Advertisement Link to post Share on other sites More sharing options...
2009k Neutral Newbie March 26, 2012 Share March 26, 2012 What the f improved that resulted in them paying another few hundred thousand to themselves? Link to post Share on other sites More sharing options...
1fast1 Supersonic March 26, 2012 Share March 26, 2012 the pro-rated amount will be 1.618 months That's the golden ratio. Golden ratio for a golden bonus. I knew all the ministerial salary reductions were just an eyewash. Link to post Share on other sites More sharing options...
Zniper 2nd Gear March 26, 2012 Share March 26, 2012 reduce salaries but increase or add on more (well-named) bonuses? well done to uniquely singapore... Link to post Share on other sites More sharing options...
Scb11980 1st Gear March 26, 2012 Share March 26, 2012 What the f improved that resulted in them paying another few hundred thousand to themselves? george you remind me of ocean 13 when you talk about the ministers Link to post Share on other sites More sharing options...
Vhtfhwlego Supercharged March 26, 2012 Share March 26, 2012 Do they have no shame? Link to post Share on other sites More sharing options...
2009k Neutral Newbie March 26, 2012 Share March 26, 2012 Do they have no shame? Trust me, they felt the shame when their pay dropped a million with the wage review role-play. Link to post Share on other sites More sharing options...
Blackyv Turbocharged March 26, 2012 Share March 26, 2012 Trust me, they felt the shame when their pay dropped a million with the wage review role-play. Yalor, they can't talk to those CEO with dignity already if their pay cut further... Link to post Share on other sites More sharing options...
Tigerwoods Turbocharged March 26, 2012 Share March 26, 2012 Yalor, they can't talk to those CEO with dignity already if their pay cut further... Some dropped salary to the level that they can't even make an appointment with CEO.... Link to post Share on other sites More sharing options...
2009k Neutral Newbie March 26, 2012 Share March 26, 2012 Lui should get the SMRT CEO's pay on top of his ministerial pay. He walked the ground and saw more than Saw. Link to post Share on other sites More sharing options...
Mockngbrd Supersonic March 26, 2012 Share March 26, 2012 lim pei no bonus.... Link to post Share on other sites More sharing options...
Littleknown Clutched March 26, 2012 Share March 26, 2012 (edited) Published on Mar 26, 2012 Ministers and other political appointment holders will be paid a National Bonus this month equivalent to 1.6 months of their pay. The National Bonus is a new bonus that provides a direct link between the salaries of political appointment holders and the socio-economic progress of average and lower-income Singapore citizens and the growth of Singapore. It came about after Parliament endorsed the White Paper on 'Salaries for a Capable and Committed Government' in January this year. Based on the approved formula, the 2011 National Bonus is 2.625 months but since the new salaries took effect on May 21 last year, the pro-rated amount will be 1.618 months, to be paid in March 2012, the Public Service Division (PSD) said in a statement on Monday. Principle of bonus is funny. Too little to make them work for it. Better if it is their entire pay. Seriously, who gives a s*** for 1 month bonus when pay is 100 k a month? "Screw the poor. On a bad year I get 50k as loose change anyway." Edited March 26, 2012 by Littleknown Link to post Share on other sites More sharing options...
So_nice 6th Gear March 26, 2012 Share March 26, 2012 so these pple got a growth bonus ah? i heard all LC (Low Class) civil servants no growth bonus at all..i think they HC one. must be..must be.. Link to post Share on other sites More sharing options...
Vid Hypersonic March 26, 2012 Share March 26, 2012 There is always a workaround. Cut here, increase there. It is expected. Many ministers probably unhappy with the pay cut so they came up with something new to return money to them. Expect an even bigger bonus at the end of the year. Link to post Share on other sites More sharing options...
Kiadaw 6th Gear March 26, 2012 Share March 26, 2012 I have only one question. This is their bonus, or one of the bonus? Because it say somewhere in report this is a new bonus. SO it doesn't mean only bonus. Just for clarification purpose only. Link to post Share on other sites More sharing options...
Nullifi3d 4th Gear March 26, 2012 Share March 26, 2012 Giving out bonuses the way i 'suddenly' decided to treat myself to a McDonalds meal just because i 'worked' hard at the gym. Jeeze. Link to post Share on other sites More sharing options...
S4vtec 3rd Gear March 26, 2012 Share March 26, 2012 To think that we pay taxes for this level of comeptence. "Give yourself a pat on the back you deserve it , go get something nice for yourself ya ? on our tab " Bollocks Link to post Share on other sites More sharing options...
Tigerwoods Turbocharged March 27, 2012 Share March 27, 2012 lim pei no bonus.... because you were caught pcc in office at night ?? <Joke> ↡ Advertisement Link to post Share on other sites More sharing options...
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