Saturday, March 24, 2007

Ministers and civil servants' pay to increase

If you thought a $3000/month job was good, wait till you see Singapore government ministers' pay.

Right now, they're earning S$1.2 million annually (I think the PM earns more than that). If we take a normal year (365 days), that works out to be $3287.67/day. That's assuming they even work every day of the year. They should, else their pay will be even more obscene.

And now our dear PM has said it's NOT ENOUGH, since a 1994 ruling pegged ministers' salaries to a benchmark that has been set at "two-thirds of the median income of the eight top-earning professionals in six professions", which includes lawyers, bankers, businessmen, engineers(?!?!) and I can't remember the last two. (Strangely enough, doctors weren't included in the list- aren't they supposed to be pulling in big bucks too?)

Anyway, the government has calculated this benchmark to be $2.2 million now, so I think they're going ahead and PM's gonna say something like, "OK Singapore Inc. is doing quite well now. We've won numerous awards like Best Airport and Best Airline in the world, No.1 Least corrupt government in the world, Top 10 Best Nightlife Spots in the world, yada yada. As your reward, I'm giving you a $1 million increase in pay as a pat on the back, how's that? You guys staying or leaving for the Middle East?"

I think Singapore can get another award: Highest Ministers' Pay in the world.

But then, if you angle it differently, it all begins to make sense. Looking at the level of the ministers' pay, one wonders why there is any need for corruption in Singapore AT ALL.

No comments: