Singaporeans highest paid workers in the world...soon
At the rate that we are going, Singaporean workers will soon become the highest paid in the world. Starting from a top down approach, the richness of the rich will soon filter down as we work towards closing the income gap. If employees in the top bracket are earning $4m or more, and if the gap is 1:100, then the lowest paid workers should be getting $40k. Now this must be good. And they need to earn this amount to keep pace with the galloping away cost of living. Every thing is up. So worker's income must also up. Or else how are they going to survive? And the world will envy us and all the workers, especially the talented ones, will be queuing up to work here. We will become the best in everything.