charity organisations: top exec salaries no need to disclose
the inter ministry committee has introduced a series of measures to improve corporate governance in charitable organisations. and these include not insisting on the disclosure of the salaries of the top 3 executives. why is it that the salaries of the president of singapore, the prime minister of singapore and the top civil servants are disclosed but not charitable organisations whose income comes from donations? practically all civil servants or public officers' salaries are known to the public. there is no reason why the top executives of charitable organisations be an exception. there is every reason for this to be transparent. it is not tax payers' money. it is money given by the public for a generous activity and accountability in the use of such funds is that more important and necessary. why should the top executives of these organisations be uneasy in disclosing their salaries? is it because they are ashamed that they are overpaid? or they are ashamed that they are underpaid? if the former, then more it should be disclosed. if the latter, then don't call it salary. call it an honorarium, if that makes them feel more comfortable. people working in charitable organisations must expect their salaries to be reasonable, maybe competitive but definitely not excessive or be paid very well compare to money making organisations. their organisation does not make money and are not supposed to make money.