Top public sector officers to get 4% to 21% pay rise in Janu
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Wow. Peasants and ground officers are never appreciated, yeah?
Top public sector officers to get 4% to 21% pay rise in January
13 December 2007 1838 hrs (SST) 1038 hrs (GMT)
SINGAPORE : Top public sector staff will have a second round of salary adjustments on January 1 next year. Their annual salaries will rise between 4% and 21%.
The group, comprising of 351 people, includes administrative officers, as well as political, judicial and statutory appointment holders.
This exercise is a continuation of the government's announcement in April this year to adjust salaries in phases for the public sector. The pay will also be more closely tied in with individual performance.
Salaries in the public sector have lagged behind those of the private sector, despite the first phase of adjustments announced in April. To make public service pay more competitive, further revisions will be made based on two salary benchmarks.
Those under the MR4 benchmark, such as entry level ministers and senior permanent secretaries, will see their annual salaries increase by 21% to S$1.94 million, comprising a 14% increase in monthly salaries and a rise of some two months in performance bonuses. The revision will include a 7% imputed pension for those at the more senior level.
Public service officers under the SR9 benchmark for entry level Superscale Grade will also see their annual income go up by 4% to S$398,000 to come up on par at 100% of the benchmark.
Allowances for Members of Parliament will rise 4% to S$225,000 a year since their packages are pegged to the entry Superscale Grade.
Salaries of those in the MR4 grade are pegged to two-thirds of the median salary among the top eight earners in six professions, namely multinational corporations, bankers, lawyers, accountants, local manufacturer and engineers, while the SR9 grade is pegged to the annual salary of the 15th top earner, aged 32 years old, in the same six professions.
The Minister-in-charge of Civil Service and Defence Minister, Teo Chee Hean, said in a statement that the latest adjustment follows the April announcement.
He said the public sector salaries move with the market and that private sector salaries have increased significantly. Mr Teo said the civil service needs to follow suit in order to attract and retain good people.
The average resignation rate for the Administrative Service for the last three years was 3%.
This year, 13 officers have left the service to date. This brings the resignation rate to 5.5%.
The Public Service Division said the attrition rate has risen but has not reached serious levels.
But it added that it should be proactive to retain able officers in the public service
These revisions will cost the government S$27.6 million a year, of which S$17.5 million will be for the political, judicial and statutory appointment holders.
The Public Service Division said the latest changes will help public sector pay reach the stated target of 77% of private sector benchmarks by the end of this month.
The government said it will monitor the benchmark movements and make further adjustments by end-2008 to 88% of private sector benchmarks.
Prime Minister Lee Hsien Loong had said in April that he will donate his wage increases for the next five years to charity.
Mr Lee will donate $500,000 to charity next year. This is based on the difference between what he would have received in 2007 and the salary level before the April 2007 revisions. The same principle will apply for his earnings in 2008. - CNA /ls -
More good years ahead!
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i wanna be a politician...
how to apply for the "job"...? -
to run a country same as to run a private company...not an easy job...
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Orh....so if any people cannot contribute to the country at the moment, they shall %#@& off and die?Originally posted by play_n_play:to run a country same as to run a private company...not an easy job... -
u ppl are so wrong to say everything is going up except salary...
look! -
Man this is so obscene....thank God I left this little red dot....now they will be complacent, lie back and rot....and see this little piece of red rock/outcrop sink
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wow, a minimum of 4% increase!Originally posted by GHoST_18:u ppl are so wrong to say everything is going up except salary...
look!
And an expected 4% inflation for the next few months! -
cannot say like dat wan.Originally posted by play_n_play:to run a country same as to run a private company...not an easy job...
the PEOPLE gave them the power to run.
they did and they still do.
10 thousand years! -
your news is correct. I heard the news reader reported that also.Originally posted by eagle:wow, a minimum of 4% increase!
And an expected 4% inflation for the next few months!
who would like to get out of public sector? -
The ministers deserve to get increament, GST increase to 7%, hawker food increase, bread increase, it is fair salary must also increase, I think LKY should get more and President not worth $3.8million since his duty is just shake shake hand, cut ribbon, welcome overseas dignitary, simple function only no need to use brain. LHL should get $5 million, Tharman also must get $5 million.