
Sorry, 2007 MOM annual report
Sporeguy ( Date: 05-Jan-2012 00:03) Posted:
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I gather from MOM website (annual report) for 2010 that there are 1,830,000 local workers. 1000 out of 1,830,000 represents the 95 percentile. I was hoping that they pegged the highest at  80 percentile without any deduction as the proposed salary structure. Can anyone check the $2.2M is at which percentile of sporean salary ?
cut pay ? cut my lj la..
Now never enter from left pocket..
enter from right pocket lor..
backside still got two more pockets for money to enter.
knn.  
Years after years, income gap will continue to widen between PM and so call 1,000 top wage earners.
Rich will be richer and poor will be poorer. sandwich class are sandwich.
Like it or not, the PM as the only most important will hav more headaches to solve.
Give a thot to it...How to solve this salary that goes on, and on and on, there's no ending?.
 
So call - rationale of the formulation, has to be complete and reasonable peg not  only  to nation wealth and to top wage earners, as the income gap will grow even wider.
Take for eg - 1,000 top wage earners will always pay more and more and will always almost remain top.
They must be some form (sustainability - CPF plan + bonus, now think max is six mths) for PM to hav a backup after earning lower salary and on condition for successfully leading it nation to prosperity.
 
 
Most honest way liao, if not others wise, nobody will want to becoming a  Ministry....
unless a ministry earn his/her wage and a name to stepping stone  into corporate world.
victortan ( Date: 04-Jan-2012 23:04) Posted:
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Main reason for high pay is to prevent corruption.
But the fact is money from corruption are easy money, who are not tempted.
And the more you have , the more greedy you become.
Not true that more pay equate to less corruption.
It is the same as we who are in the market, the more the price go up, the more greedy we become.
 
 
 
Old day - used to take care for top six appointment oni.
Now hav to take care of top 1,000 wage earners pay...!!
teeth53 ( Date: 04-Jan-2012 21:40) Posted:
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Err...Should it  read as after GE 2016, there maybe some so call re-adjustment to salary pay?.
So call - rationale of the formulation is, is outdated liao.
teeth53 ( Date: 04-Jan-2012 22:11) Posted:
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Less Cleopatra more Martina please...Mr Ee., like one that is publish in recently paper on School fund
@ a fraction of her salary.
teeth53 ( Date: 04-Jan-2012 21:40) Posted:
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So come GE 2016, PM and Ministry may be back to sq one.
Unless there is an undertaking to say no further pay cut or increases in near future.
Pay cut is reasonable, then again is oni now, later pay is increases, my expectation. Simply b'cos bosses and kakis alway pay fat fat pay and bonus for their oni 1,000 top wager earners mah.
How can compare like that?. they increases, PM / Ministry par with them in %age term oso increases, oso what.
Tiobo?.
See what I mean, din take my msg and oso din consult me lehh..
Just Joking oni, Who m i..?. A old folk l@@king  for some flaw to look @
There is no end to it on salary review...PM or Mr Ee 101% did not  say no pay increases in future.
Given boss and their kakis always pay for themself fat bonus and salary increases.
So what is 1,000 top wages earner to them?. So ministry pay increases in future is expected.
Right...RIGHT. Tiobo...Tio lahh.
Flaw, flaw, flaw...what is the use to hav pay cut now..?.
No guarantee, PM or Mr Ee 101% did say no pay increases what..?.
let say, tis yr and next not good - economy is +1-3%, still 1,000 bosses and or employees is always rich, if not the richest.
how to bench mark to them, always  so rich and  pay themself  - always apply almost automatically to  themself and their kakis.
Mr Ee method got some  flaw.
TioBo...Like tat  kon, tiobo..?.
Seow liao, like that.....tis yr -40%, next yr how +40%...ISIT?.
comparing with the rich 1,000...?.
This way rich is always becoming richer, if not the richest in Singapore then what..?.
Next year pay increases by 40% liao lohh as compare with 1,000 richest bosses and or employees.
I wonder how much will our ex-President Nathan going to " back-pay" his " mouth-dropping" pay from 21-may-2011 onwards till 1-Sep-2011? haha...guess must be in the millions :P...the interest collected on those millions if convert and place on Aussie $ deposit for abt 4mths or so of millions deposit can be quite substantial oso hor :D
I am agree with Singapore government. hope this will be successful