Ministers pay must go up
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Singapore is a US$193 billion dollar economy, and the head should earn more.
Look at Lee Ka Shing, Bill Gates, Warren Buffet, they are earning way more that our ministers. I think each minister should be paid at least US10 mil + private jet, free housing, free Car (of course must add Cash Card as well), free ship, free first class air ticket (based on SQ prices , just in case their private jet fails). They also deserve to get more shares (in terms of Singapore Shares, maybe 5% should be held by PM, since he is the Head), can also include share options.
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Like Real.
Running a country is suppose to be service to the nation, not for personal greed. -
Don't forget also to throw in coffins made of pure, unadulterated gold when these bozos die.
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Mr Low Thia Kiang made a point in his speech which i think is reasonable.The suggestion is that minister's pay be pegged to a multipler on what the lowest 20% income bracket people earn
Eg if the multipler is x100 if the lowest 20% income earner earn $800 per month,then using this multipler,minister should get x100 = $80,000.If these lowest income bracket earn more,the ministers will earn more to reward them for policies well ran.
This way,it is really staying together,moving ahead (PAP's slogan for AMK GRC campaign),and not some staying together,stay the same or even move back while others who are better off and the PAP moving ahead.This way there is the encouragement for minister to really think about the poor and to help them and to help themselves too,win-win situation,and it will make these ministers to be accountable to the people for their policies and not just get rediculous high salaries month after months even if their policies turn out to be failures. -
Later they play with the statistics to boost their pay.
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maybe pay them in peanuts
since it worth $$ -
actually they do have private jets paid for when travelling.. and an army to protect them security...
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Nothing bias, but i noe 4 a fact that LKY flew SQ, first class. The security and assistant (scholars) flew economy. I was on the same flightOriginally posted by banzie:actually they do have private jets paid for when travelling.. and an army to protect them security... -
Eh....
You kept talking about minister's wages...
look at us...
I am an undergraduate with aa diploma and...
i was offer yesterday 1.3k basic!!!!!
not even 1% compared to PM Lee's salary!!
and many of us are getting that sorta pay...
so dun keep comparing with the best around the world, they are the minority!
compare with the majority!!!!
I agree with Low's multiplier concept -
Support! Expensive must be good!!!. -
expensive things got warranty one. this one break liao, end of singapore.
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Got free replacement? Then must be not good leh..must double the price then can be super best.Originally posted by Ito_^:expensive things got warranty one. this one break liao, end of singapore. -
comparing your job scope with his?Originally posted by ^MaRcUs^:Eh....
You kept talking about minister's wages...
look at us...
I am an undergraduate with aa diploma and...
i was offer yesterday 1.3k basic!!!!!
not even 1% compared to PM Lee's salary!!
and many of us are getting that sorta pay...
so dun keep comparing with the best around the world, they are the minority!
compare with the majority!!!!
I agree with Low's multiplier concept -
I think he must be the one welcoming people at the hotel entrance.. 1 day welcome 1000 times type.Originally posted by thousandisland:comparing your job scope with his?
He must be very good looking and can project himself to foreigner. He could be one representing singapore to foreigner. He can talk very well and carry you to heaven. Worked 12 hours a day, rotated shift...we called him "bell boy"
No important job?..Foreigners will no return, if he don't do his welcome job properly.. -
Good. But how about the other way round through reverse multiplier.Originally posted by Aveme:Mr Low Thia Kiang made a point in his speech which i think is reasonable.The suggestion is that minister's pay be pegged to a multipler on what the lowest 20% income bracket people earn
Eg if the multipler is x100 if the lowest 20% income earner earn $800 per month,then using this multipler,minister should get x100 = $80,000.If these lowest income bracket earn more,the ministers will earn more to reward them for policies well ran.
This way,it is really staying together,moving ahead (PAP's slogan for AMK GRC campaign),and not some staying together,stay the same or even move back while others who are better off and the PAP moving ahead.This way there is the encouragement for minister to really think about the poor and to help them and to help themselves too,win-win situation,and it will make these ministers to be accountable to the people for their policies and not just get rediculous high salaries month after months even if their policies turn out to be failures.
Assuming that the annual income is $100,000 then depending on one's performance level or policies the salary are deductable through the mulitipler process ranging from 1-5 scale. For example, bad performers will get a salary of $100,000 / 5 = $20,000.
I am afraid going by Mr Low Thia Kiang suggestion, the government might not be able to attacts the best capable & talanted people to join the rank of government although we may be able to attract men or women with passion but with a lesser capability. Either ways are arguable but the reverse multiplier has the benefits of the doubt that the best men are always seek out.
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Really? How is it, then that first-world democracies like American and Britain attract arguably talented politicians with an allowance of only 20% of what our minsters are paid in Singapore?Originally posted by TooFree:Good. But how about the other way round through reverse multiplier.
Assuming that the annual income is $100,000 then depending on one's performance level or policies the salary are deductable through the mulitipler process ranging from 1-5 scale. For example, bad performers will get a salary of $100,000 / 5 = $20,000.
I am afraid going by Mr Low Thia Kiang suggestion, the government might not be able to attacts the best capable & talanted people to join the rank of government although we may be able to attract men or women with passion but with a lesser capability. Either ways are arguable but the reverse multiplier has the benefits of the doubt that the best men are always seek out.
Being capable and talented doesn't give them a reason to be GREEDY.
Candidates who sincerely want to serve our country and people will have a million-dollar-a-year pay as the last thing on their minds. -
So that's what it is all about, capable and talented people are only attracted by the $$$$.Originally posted by TooFree:I am afraid going by Mr Low Thia Kiang suggestion, the government might not be able to attacts the best capable & talanted people to join the rank of government although we may be able to attract men or women with passion but with a lesser capability. Either ways are arguable but the reverse multiplier has the benefits of the doubt that the best men are always seek out. -
Is $$$ is all further MP wants?
Then can you tell me is $$$ ever enough?
if they are solely motivated by $$$ and they find it is not enough,it open more leeway for them to be tempted into corruption lured by $$$$ tht is always never enough.
Why USA can attact top grade politican and get a mere fraction of pay our ministers get? Cos such ministers are not motivated by $$$ and if you are not motivated by $$,money will not be a luring factor to motivate one to be corrupt -
Originally posted by loosefuse:Really? How is it, then that first-world democracies like American and Britain attract arguably talented politicians with an allowance of only 20% of what our minsters are paid in Singapore?
Being capable and talented doesn't give them a reason to be GREEDY.
Candidates who sincerely want to serve our country and people will have a million-dollar-a-year pay as the last thing on their minds.
Dont forget that the lure from private sector offering higher paid jobs are always there enticing talented people away from serving the nation. It is not about equating talented personnels with greediness, but a fact of life. It is of course the best case scenerio if we can get the equally capable and passionate people. Moreover, it is afterall about the performance on the job, even if the talented person is unable to deliver at marco-level, he or she may still risk getting a lower pay through the reverse mulitipler effect.Originally posted by ditzy:So that's what it is all about, capable and talented people are only attracted by the $$$$. -
If you want money, why be a minister? What they earn is little compared relatively to what CEOs are earning. And CEOs are doing countries a bigger favor by producing jobs and improving the economy. -
Rubbish!!!!!Mr LTK's suggestion is the logical way in getting the ministers pay to peg against the lowest income people. With that way, I am sure people with good heart and best of best in talent and knowledges will join him.Originally posted by TooFree:Good. But how about the other way round through reverse multiplier.
Assuming that the annual income is $100,000 then depending on one's performance level or policies the salary are deductable through the mulitipler process ranging from 1-5 scale. For example, bad performers will get a salary of $100,000 / 5 = $20,000.
I am afraid going by Mr Low Thia Kiang suggestion, the government might not be able to attacts the best capable & talanted people to join the rank of government although we may be able to attract men or women with passion but with a lesser capability. Either ways are arguable but the reverse multiplier has the benefits of the doubt that the best men are always seek out. 
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All ministers' salaries are not just over a million or two. I'm sure they are getting more than what we've thought. You will be surprised if they are willing to disclose their salaries to the public genuinely.Originally posted by Parka: If you want money, why be a minister? What they earn is little compared relatively to what CEOs are earning. And CEOs are doing countries a bigger favor by producing jobs and improving the economy.
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You guys mistaken something!!
MPs and Ministers are supposed to be voted by us to serve the nation,
servents of the People....
If u need to use $$$ to attract the elites...
I question their loyalty...
they are striving hard for $ not for us! -
let me ask u...
what is the pre-requiresite that a MP shd have?
ANS: passion to serve the country and pple.
if our current MPs are being influence by the commercial sector, then pls get out as yr priority in yr head is not abt helping the pple and country to develop but insteaad wat u earn... -
You seriously think ALL of them can earn as much outside?Originally posted by Parka: If you want money, why be a minister? What they earn is little compared relatively to what CEOs are earning. And CEOs are doing countries a bigger favor by producing jobs and improving the economy.
Moreover, this is about serving people, not about running a company
or making money.
And you don't get that kind of safety "umbrella" when you work for company. -
before the huge payrise, there were a number of ordinary mps who earned more. maybe it's the envy thing......