Originally posted by king108:
Money is not the sole criteria. Unfortunately we are always told assumptions about talents without taking care that in rewarding them we must not go above the limit to avoid overdoing the act.
Can one imagine after two terms of office, the taxpayers will have to pay them 2/3 of their last pays for life. This is not a small sum or burden and has to be factored in by an independent panel.
However I agree that by paying sufficiently high salaries we will attract certain better candidates. Remember though salary is not the only criterion to attract the best candidates as there are many good people out there who will be prepared to accept lesser pay to serve if an opportunity is open to them.
Just because of autocratic assumption we have under the Goh Keng Swee doctrine unnecessarily pushed up the public sector wage costs leading to our loss of competitiveness for the whole economy as seen in the last two deep recessions.
We can afford to pay our MPs and Ministers good salaries but not over-inflate them to the extent of rewarding the free-riders or free-loaders who did not perform with major areas of success.
Up to now there is no accountable and transparent independent panel to assess our public iron ricebowlers' actual market values based on apple-to-apple comparison.
MPs are currently doing only part-time job and as such the independent panel should be able to judge their real contributions as MPs based on performance and job scopes.
Unless he is made a minister in which case he should not be over-paid just to attend a few meet-the-people sessions or parliaments without even raising major issues and solving problems as posted by many in this forum.
Let the real yardstick finally be based on actual work scope and concrete assessment of performance.