Originally posted by robertteh:
To begin with our so-called talent-attracting and corruption-avoiding benchmarking of ministers to the private sector was flawed.
Ministers simply are not business bosses or CEOs who have put in the whole efforts including their personal own monies to build up going-concerns.
They are not in that category but by a clever twist of argument it looks like the ministers in Singapore are comparable to business people and should take their kind of rewards.
Singapore in order to attract talents and avoid corruption could have simply followed the strictly wage-remuneration system for this category and benchmarked their salaries to that of equally successful countries of equivalent size and complexities like Korea, Finland ..If our Ministers are benchmarked to those ministers' pay in Japan their salaries would have been inflated.
Why no one debated the ministers' salary increments and life-long pensions at two-third of last drawn pay (so soon after abolishing teachers' pensions) seriously and objectively in parliament allowing artful argumentations to sail through our honoured house of people's entrusted parliamentarians.
So taking all the above-mentioned objective and accountable principles into consideration, Ministers in Singapore should cut their pay by 70% onwards and yet will be sufficient to attract many talents and anti-corruption in quantum.
So when are our ministers going to do something on this matter - apparently they have no good arguments and principles to stand by their own self-rewards like seen happening in NKF.
They are not in that category but by a (not) clever(
is Dirty twisting) twist of argument it looks like the ministers in Singapore are comparable to business people and should take their kind of rewards.