*nods wildly and madly*Originally posted by elindra:Don't you think it sucks to be stuck in the middle income group![]()
Better than being in the lower income group right.Originally posted by elindra:Don't you think it sucks to be stuck in the middle income group![]()
Depends on your lifestyle expectations reallyOriginally posted by MooKu:To live with the bare minimum need 4k?
Then: Lower income groupOriginally posted by av98m:Better than being in the lower income group right.
Although nowadays...with the rising costs...... the line between lower and middle income is getting very blur.
This is the worldwide trend. And something has got to give eventually. As it is there is already growing social unrest, whether our gahmen admits it or not.Originally posted by elindra:Then: Lower income group
Now: Desperate situation group
Then: Middle income group
Now: Lower income group
Then: Upper middle income group
Now: Middle income group
Then: Elites
Now: Even Richer Elites
*waves*Originally posted by MooKu:hihi
long time no see![]()
Problem is our pay is not going to increase according to inflationOriginally posted by av98m:This is the worldwide trend. And something has got to give eventually. As it is there is already growing social unrest, whether our gahmen admits it or not.
our pay is benchmarked to cheap labour(including white collar jobs) from developing countries.Originally posted by elindra:Problem is our pay is not going to increase according to inflation
You forgot that they import FT's in to keep our pay low as wellOriginally posted by av98m:our pay is benchmarked to cheap labour(including white collar jobs) from developing countries.
our elites' pay is benchmarked to very highly paid senior management e.g. CEOs and directors.
so how?![]()
Originally posted by elindra:You forgot that they import FT's in to keep our pay low as well
Our elites' pay is argued that to keep out corruption, they have to be paid a certain level to be kept corruption free
I don't see pay cuts when the economy is down but when times are good, I see increases in pay
Damn I wish my pay is structured that way![]()
Actually the ministers' pay was cut during the economic crisis but it was restored rather quickly.Originally posted by elindra:You forgot that they import FT's in to keep our pay low as well
Our elites' pay is argued that to keep out corruption, they have to be paid a certain level to be kept corruption free
I don't see pay cuts when the economy is down but when times are good, I see increases in pay
Damn I wish my pay is structured that way![]()
Sometimes, the way they justify their high pay makes me wonder if that is a transparent form of corruption if there is such a termOriginally posted by the Bear:the high pay of TT Durai didn't stop him from being corrupt..
Didn't our dear Mrs Goh Chok Tong say his pay was peanuts?Originally posted by the Bear:the high pay of TT Durai didn't stop him from being corrupt..
Originally posted by elindra:Sometimes, the way they justify their high pay makes me wonder if that is a transparent form of corruption if there is such a term![]()
Look up the terms corruption, nepotism, and cronyism.Originally posted by elindra:Sometimes, the way they justify their high pay makes me wonder if that is a transparent form of corruption if there is such a term![]()
Originally posted by av98m:Didn't our dear Mrs Goh Chok Tong say his pay was peanuts?
What she meant was that he had no choice but to be corrupt because he was not getting millions a year like other CEOs.![]()
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we're peasants, we don't deserve peanutsOriginally posted by the Bear:i don't mind being paid "peanuts" and i will not be corrupt either...
will they pay me "peanuts" ?
becareful wait tiok sued horOriginally posted by av98m:Look up the terms corruption, nepotism, and cronyism.
Then look around you.
I leave it up to you to interpret the data for yourself![]()
I never said anythingOriginally posted by hisoka:becareful wait tiok sued hor![]()
But but peanuts are nourishing.Originally posted by av98m:we're peasants, we don't deserve peanuts![]()
AV is not saying about anyoneOriginally posted by hisoka:becareful wait tiok sued hor![]()
If I were paid peanuts I'd work for like 3 or 4 years then retireOriginally posted by elindra:But but peanuts are nourishing.
I don't think I can live on dirt any longer![]()