Tuesday, April 10, 2007

Civil Sector Pay Adjustment

OMFG! I cant believe that our cabinet ministers including the president are earning so much a year. Well, from the low and middle income earners, the figures are indeed shocking. From the view of top earners, they are peanuts and nothing. Well, i dun come from the upper income group. I am surprised top civil servants and ministers' pay get an increase of 14% to 33%.

Tat is really a lot. Their basic pay is already a 5 digit figure, the increment will make their pay cheque fatter. How i wish the private sector can make similar adjustment too. Will i get my increment like civil servants too?? hur hur. It can be demoralising to the population in general. I mean how many singaporeans will earn that much?

I agree with some MPs' views. The benchmark is pretty unfair. How could they benchmark to the top earners. I mean these top earners run into the risk of being ousted or voted out by the board of directors. A CEO may be in reign for less than 5 years or even only a year, then he/she will be replaced by another person. I doubt a minister will be asked to leave within a short period of time. Then, why benchmark to top of the top earners? It is really strange.

I mean afterall a govt is to serve pple with their heart and not serve pple with the mind of making more money. Yes, no doubt they have to be compensated for their tough job but not at the expense of the middle or lower income gp earners. Where does the govt generate revenue? Investment and Taxes! Bear in mind, taxes include GST which is going to increase in July. It is just so duh.....

I think most Singaporeans are concern if their pay will be adjusted as well. I hope mine will. hahaha... Then i wont feel so imbalance. whahhaha... More money leh...

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