Ministers are not paid enough!” – Goh Chok Tong slams suggestion by cutting pay
#11
They should lead by example!
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#12
He got a valid point. Ho ching is obviously paid much much more than pinky. They are running Singapore Inc., of course need to pay top dollars for talent.

It is a difficult topic in this material society. This can only change if the world world go into massive depression. Then easy to get talents...
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#13
5-8-2018 9:48 AM
hfourhappy said:
They should lead by example!

Those days are long gone. This is the golden era, no money no talk.
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#14
I feel that he should bear in mind that the high cost of living is killing and stressing the locals.
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#15
culture of greed admitted by ex PM.

it's not populist. ...it is about fairness.

it's time to scrutinize high executive pay to see if the h are worth the money.


actually nobody can produce more than $500K worth of work. It is structural entrenchment that produces this kind of pay. They implement a selection system in which people are selected to high paying jobs now they are greedy. It b is a vicious cycle.

None of this people who earn millions can go out and create a business worth millions on the own ability ...there is not a single example.

it is an entrenched pay structure in which people are selected to take up jobs of higher and higher pay.

if the pay structure is less steep then talented people will naturally accept lower pay.



5-8-2018 9:32 AM
forum456 said:
[Image: 634427.jpeg]

http://theindependent.sg/ministers-are-n...erial-pay/


Ministers are not paid enough!” – ESM Goh Chok Tong slams suggestion to fund elderly pension scheme by cutting ministerial pay

According to an audio recording shared by a local online publication, Emeritus Senior Minister Goh Chok Tong appears to have slammed a suggestion to fund elderly pension by cutting million-dollar ministerial salaries.

The former prime minister of Singapore was apparently speaking to grassroots leaders and Government partners at an event on Thursday when he asserted that “ministers are not paid enough!” and that it is “very populist” to demand that ministerial pay be slashed instead.

ESM Goh had been responding to this question: “Can we have some sort of an elderly pensions fund? Perhaps, can I say, cut a bit on the defence? Or perhaps even from the ministers with million-dollar salaries?”

Sharing that he would have applauded the man who asked the question if he suggested that elderly pension could be funded by hiking the Goods and Services Tax (GST), ESM Goh allegedly responded:

Somebody must pay for the pension and you got it right. We’ll have to take it from somewhere else. If you had suggested we up GST by 2 per cent, I would have applauded you. Seriously. Because you’re taxing the whole society to support the older ones. But you did not.

“But you said cut the defence. 1 per cent is enough. On top of that, you said cut ministers’ salaries. That’s very populist. I’m telling you the ministers are not paid enough. And down the road, we’re going to have a problem getting people to join the Government. Because civil servants now earn more than ministers. Are you aware of that?

“And where do we get future office holders from? From the private sector? I tried for the last election. Two of them – one earning $5 million and one earning $10 million a month. To be minister for $1 million?

“So where do you want to get your ministers from? From people who warn only $500,000 a year? You’re going to end up with very mediocre people who can’t even earn a million dollars outside. Is it good for you or is it worse for us?”
I, being poor, have only my dreams;
I will do my utmost to keep them alive.
Against tyrants and adversity, I will strive.
Together, a better future, we will realise......
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#16
Is he telling to tell his boss that it is time to increase their salary????
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#17
5-8-2018 9:50 AM
Someone said:
He got a valid point. Ho ching is obviously paid much much more than pinky. They are running Singapore Inc., of course need to pay top dollars for talent.

It is a difficult topic in this material society. This can only change if the world world go into massive depression. Then easy to get talents...

But history already told us 后宫是不可以干政,
会天下大乱。
I respect Uncle Harry's wife lead by example.
官以民为本,民以食为天
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#18
5-8-2018 9:53 AM
hfourhappy said:
Is he telling to tell his boss that it is time to increase their salary????

Better let them increase, let Sg rots quicker.
官以民为本,民以食为天
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#19
5-8-2018 9:56 AM
QE3 said:
Better let them increase, let Sg rots quicker.

Bro, I feel like they are now living in the white castle above the ground in the cloud...
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#20
5-8-2018 9:58 AM
hfourhappy said:
Bro, I feel like they are now living in the white castle above the ground in the cloud...

You cant change their mindset.
No more respect from them.
They work for $$$ not for passion.
官以民为本,民以食为天
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