1/23/2012

Ministerial Salary -'Shen Guan Fa Cai'

Ministerial Salary Review – Look at both sides now(Shen Guan Fa Cai means getting rich on promotion as court official)

One of the key factors of the Review Committee’s recommendation is to peg minister’s salary to the top 1000 income earners, using the median with a 40% discount. Depending on the actual income, the salary could be near to the 501 of 1000 top income earners. Could it be above the 501 if the bonuses are added up? It should be rare for it to fall out of the top 1000 income earners. And this is the group of people that the PAP is targeting the future political leaders. They are probably looking at people who are able to earn this kind of income to be of ministerial material. The pool is going to be very small. But nonetheless it is a good area to look at and a good aspiration.

Turn it around and look at it from another angle. By pegging the salary to the top 1000 income earners and the 40% discount, it is very likely that the ministers will all be among the top 1000 income earners. Not bad at all. The only thing that is bad is that the PM may not be at the top of the 1000 income earners though holding the top job in the country. Then again I am being presumptious. As to whether the PM’s salary would be at the top it would depend on the actual income of the top 500 earners and if the PM is paid anything else from his other appointments. Hypothetically, if the 500 incomes were marginally higher than the median income earner, then the PM’s salary could go right to the top of the 1000. This should look more proper.

This new salary will be a good incentive for those aspiring for political office. If they can make it to become ministers, they could be among the top 1000 income earners in the country. There is a Chinese saying, I translated, ‘Beneath one man but above a million’ to describe the Prime Ministers of the dynastic era. Here our ministers can be thankful that their income is beneath 500 and above 5 million. Not bad at all I shall say. As for the PM’s salary, could it be near to the top or at the top of the heap? This is like returning to the imperial dynastic days when ‘shen guan fa cai’ was the aspiration of the elite and the poor scholars.

‘Shen guan fa cai’ is a good new year greetings for all Singaporeans.

10 comments:

Divali said...

ST Forum [Step in the right direction]
"In broad terms, Singaporeans have the result they wanted, and any more discussion will add little of value."

http://www.straitstimes.com/STForum/Story/STIStory_758647.html

Anonymous said...

Singaporeans should know they have again voted in an unaccountable and non-transparent government. What can they say now? They deserve all the wayangs and ill policies from such a government that is still thinking Singapore are generally daft.

Singapore will never change because Singaporeans do not and dare not change.

This country is very bad. It is not because the bad elites are doing to cause it but the people are silent to it.

Gong xi fa cai, all MIWs.
Good luck for another 4 years, all daft Singaporeans.

Anonymous said...

A wayang called Singapore Sinking.

Brought to you by 45 years of clever gerrymandering and 60% daft Singaporeans.

Anonymous said...

=))Singapore will never change because Singaporeans do not and dare not change.((=
Bros, do have faith in Singaporeans, just like what WP's YJJ mentioned in the parliament. Why complain? Singaporeans are sophiscated enough and the next round of surprising (ballot box) PAP is on the way. That's very stupid to send signal that most Singaporeans are still not happy.

Anonymous said...

If the leaders work for money or worship money( priority god), the rest will take the lead and we all become a hypocritical nation - calculative smiling Samaritan with a dagger and a gold bangle in the pocket.

Anonymous said...

the rich doing good is like a mother fucker mafia giving to the poor ....nevertheless...should be honored

Anonymous said...

Does everyone of the ministers really think he deserves the pay he is getting? Is there one among them who quietly said to himself, 'Shit, I shouldn't be getting pay this kind of indecent money?'

Anyone prick by a guilty conscience?

Anonymous said...

Those with conscience and upright are unlikely to be in politics.

Anonymous said...

'You de tao mei bei tiao cha'.
Read as some are unlucky and under probe.

Anonymous said...

Oh, they are not minister. They are very very senior CIVIL SERVANTS.