Singaporeans' 2007 income rose 9.6%
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I think a large portion of Singaporeans' salary increases in 2007 was due to increases in Ministerial salaries.
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Originally posted by fymk:
To achieve that , your most probable options are:
A. Have a rich daddy with a company .
B. to run for MP and win the campaign
C. work in two jobs
D. Marry a heiress to a large company
E. Get headhunted
Or else you will be bitter and twisted from the frustration.
I'm aiming for (c), 2nd job being a part time business experiment that I'm hoping to reach 5~6k profits a month. But then, it is just an aim... I'm working on it currently though...
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Originally posted by maurizio13:
I think a large portion of Singaporeans' salary increases in 2007 was due to increases in Ministerial salaries.
And probably all the increases in the public sector, and all the big fat 2 mths year end bonus that govt servants (I'm sure that includes ministers) received.
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Before you slam the statistics, suggest you go read the actual publication.
http://www.singstat.gov.sg/pubn/papers/people/op-s14.pdf
Table A2 in Annex A is one of the more useful tables.
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Originally posted by onlooker123:
Before you slam the statistics, suggest you go read the actual publication.
http://www.singstat.gov.sg/pubn/papers/people/op-s14.pdf
Table A2 in Annex A is one of the more useful tables.
Agree, the Table A2 is indeed useful data.
As can be deciphered from the statistics (there are lies, damn lies and statistics
), the averages of entire group in real terms has been raised to 6.9% due to the higher top income earners 8.1%.If you have 2 person Mr. A & Mr. B, in the first year Mr. A makes $2 and Mr. B makes $100, their average income is $51.
The following year, Mr. A makes $4 and Mr. B makes $200, both their incomes have increase 100%. Their average income is now $102.
Both wages increased 100%, but Mr. A makes $2 more than before, while Mr. B makes $100 more.
The lowest income earners only has 1.9% increases in real wages in 2007.
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Originally posted by eagle:
I'm aiming for (c), 2nd job being a part time business experiment that I'm hoping to reach 5~6k profits a month. But then, it is just an aim... I'm working on it currently though...
use the rolex watches strategy that i told u about and u can make $10k+/mth easily...... just cover your conscious lor.
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Originally posted by maurizio13:
I think a large portion of Singaporeans' salary increases in 2007 was due to increases in Ministerial salaries.
minister salary are not included in the statistic.
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Originally posted by TCH05:
minister salary are not included in the statistic.
Huh? Ministerial salary not included in the statistic?Were you part of the Department of Statistics team that compiled the data?
I might have missed out the part where it said Ministerial salaries are not included in the statistic.
Perhaps you could point out the statement in the page of the report.
Household income from work is defined in the publication as:
Household income from work refers to the sum of income received by working members of the household from employment and business.
However, it does not include the income of domestic helpers.
So are you indirectly grouping our Ministers as domestic helpers?
That's very snide of you.
I would have never thought of coming up with a more sarcastic remark.
You are good, I am not worthy.
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did you get a pay or bonus increase last year?
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Originally posted by TCH05:
did you get a pay or bonus increase last year?
Nope.
Stick to your previous statement of "Ministers salary not included in the statistic".
Please provide evidence to substantiate your claim instead of sidetracking to irrelevancies.
You are sarcasm at it's epitome.
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as i have implied in my other posts, i think this is just broad stroke statements from the ministry. i am sure they have the details but they choose to release what works for them. my company is one of the larger employers in singapore and top performers do not get close to 9%. many were told tt their salary cap will be enforced for 08. i got a pittance 2% rise. was told i was luckier than most, though i indicated that this is (very)disappointing. guess what, your job can easily be filled up if you are disgruntle and don't performed. so, as my mum would contantly remind me, "mustn't grumble"... this is a reality many have to live through. you need to manage within yourself and i take those reports with a pinch of salt. but i have to admit that i am not in a dire situation. i can afford some vices. so, i am lucky. i just dun understand why the government continues to crank such propaganda when it is plain to see that if you go to the hearltlands in mature estates, it is a grim picture we see. the reality is, the rich are getting richer....so in some ways, i agree with M13's pov.
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Originally posted by weiqimun:
as i have implied in my other posts, i think this is just broad stroke statements from the ministry.
i am sure they have the details but they choose to release what works for them.
my company is one of the larger employers in singapore and top performers do not get close to 9%. many were told tt their salary cap will be enforced for 08. i got a pittance 2% rise. was told i was luckier than most, though i indicated that this is (very)disappointing.
guess what, your job can easily be filled up if you are disgruntle and don’t performed. so, as my mum would contantly remind me, “mustn’t grumble”...
this is a reality many have to live through. you need to manage within yourself and i take those reports with a pinch of salt. but i have to admit that i am not in a dire situation. i can afford some vices. so, i am lucky. i just dun understand why the government continues to crank such propaganda when it is plain to see that if you go to the hearltlands in mature estates, it is a grim picture we see.
the reality is, the rich are getting richer….so in some ways, i agree with M13’s pov.
Yup.
I can't seem to understand why some people go around asking forumers about whether they got a raise or bonus last year.
It's an extremely skewed data, because it only singles out certain segments of the population (like those who are better off, with the ability to afford a broadband and computer. What about other less well of citizens without broadband or computer).
Maybe TCH05 should go around 1-2 room HDB housing estates to ask if everybody there got an increment or bonus.
The rich have certainly benefited from the reduction in top tier income taxes since the inception of GST in 1994. The government has place a greater reliance on the poor for it's revenue requirements instead of the rich. The top bracket for income taxes in 1987 for an income above $400k was 33%. Since then the top bracket for income taxes has gone down to 18%. So if a high income earner who makes $1 million above $400k, he would have save income taxes of $180,000 now. Whereas, the poor who don't need to pay any income taxes then, would need to contend with the 7% GST now.
Why should the low income earners bear the brunt of the governmental administrative expenses? Afterall, isn't the rich the ones who benefited from less crime and more orderliness. A rich person walking down the streets feeling more secure would better trained and equipped policemen. Whereas a poor person would be indifferent to it. I think there is something amiss when you have rich man in power, dictating (taxes) how income should be distributed between the rich and the poor.
Does the rich or the poor benefit more from low crime rates?
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Originally posted by weiqimun:
as i have implied in my other posts, i think this is just broad stroke statements from the ministry.
i am sure they have the details but they choose to release what works for them.
my company is one of the larger employers in singapore and top performers do not get close to 9%. many were told tt their salary cap will be enforced for 08. i got a pittance 2% rise. was told i was luckier than most, though i indicated that this is (very)disappointing.
guess what, your job can easily be filled up if you are disgruntle and don’t performed. so, as my mum would contantly remind me, “mustn’t grumble”...
this is a reality many have to live through. you need to manage within yourself and i take those reports with a pinch of salt. but i have to admit that i am not in a dire situation. i can afford some vices. so, i am lucky. i just dun understand why the government continues to crank such propaganda when it is plain to see that if you go to the hearltlands in mature estates, it is a grim picture we see.
the reality is, the rich are getting richer….so in some ways, i agree with M13’s pov.
What?
I thought civil servants all got big fat bonuses and increments last year and for this year will be getting a little bit more?
No?
The media
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Originally posted by charlize:
What?
I thought civil servants all got big fat bonuses and increments last year and for this year will be getting a little bit more?
No?
The media
If the government does better, i.e. if they raise transport, electricity & water, "public" housing and telecoms charges, then the GDP (total value of goods and services produced) would increase.
Then they can claim that GDP went up, then demand more salary increments and bonuses.
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Originally posted by charlize:
What?
I thought civil servants all got big fat bonuses and increments last year and for this year will be getting a little bit more?
No?
The media
no choice, if they dont get their annual salary increment, they will threaten the citizens that they will be corrupted.
very scary leh... must pay..
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Originally posted by fishbuff:
no choice, if they dont get their annual salary increment, they will threaten the citizens that they will be corrupted.
very scary leh... must pay..
Yah.Then our wives and daugthers will have to work as maids in Indonesia.
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Originally posted by maurizio13:
Nope.
Stick to your previous statement of "Ministers salary not included in the statistic".
Please provide evidence to substantiate your claim instead of sidetracking to irrelevancies.
You are sarcasm at it's epitome.
I am 100% sure that minister salaries are not included in such survey, if you are not convinced, you can write to Singapore Statistic to get a written confirmation.maybe its about time that you consider switching career.
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Originally posted by TCH05:
I am 100% sure that minister salaries are not included in such survey, if you are not convinced, you can write to Singapore Statistic to get a written confirmation.maybe its about time that you consider switching career.
Your logic is quite juvenile. If you make a claim, you should be able to back up with source facts when queried upon, the burden of proof resides in you.
I wonder how our courts would function if they followed your logic. There must be some information where you based your views on, something which makes you 100% sure of your thinking. Don't tell me it's your gut feeling or a dream.
Public Prosecutor: The defendant was at the victim's house and he murdered her.
Defendant's lawyer: Evidence?
Public Prosecutor: You have to believe me, else, prove to me that he wasn't at the house.
Wait, I have another one.
Hypothetically.
Our leaders probably made billions, if you don't believe me, then write to them and get a confirmation.
I work in a coffeeshop serving coffee to customers, sometimes I part-time cleaning toilets, other times I work in Macdonalds.
Tell me which industry should I switch to?
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Are you 100% sure our minister's salary are included in this survey? Or are you just guessing?
Because I am 100% certain that they are not.
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double post
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Originally posted by TCH05:
Are you 100% sure our minister's salary are included in this survey? Or are you just guessing?
Because I am 100% certain that they are not.
I am not 100% sure, I am only basing my views on the definition of household income from the report, so please convince me with some evidence. Strange for someone without any substantive facts to be 100% sure of something.Based on the report, it was stated the only exclusion was domestic helpers, so, unless Ministers are all domestic helpers.
Abstract from report:
"Household income from work is defined in the publication as:
Household income from work refers to the sum of income received by working members of the household from employment and business.
However, it does not include the income of domestic helpers."
If you are 100% sure of something, surely you have proof to substantiate it. Surely Newton's theory of motion didn't just came into existence just because Newton said "I am 100% certain, so believe me".
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Originally posted by TCH05:
Are you 100% sure our minister's salary are included in this survey? Or are you just guessing?
Because I am 100% certain that they are not.
I didn't know ministers don't have households.
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you guys are so ridiculously traumatised by the huge numerical value of the ministers' raises you've been missing the point of wage increases.
Wage increases to meet supply and demand. You want more ppl to step up politically, there has to be a change in incentive. Despite the huge raise, I have yet to hear any one of you aspire to be politically active in the upcoming elections. That in itself speaks volumes.
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You want more ppl to step up politically, there has to be a change in incentive.
And who created the hostile political environment?
Who created the mainstream media that is completely worthless in political content?