tag:blogger.com,1999:blog-17473688.post115864686172019058..comments2024-03-28T17:31:22.152+08:00Comments on My Singapore News: myth 65Chua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-17473688.post-1158766790955788492006-09-20T23:39:00.000+08:002006-09-20T23:39:00.000+08:00ha elfred,nice to know that you are now gainfully ...ha elfred,<BR/><BR/>nice to know that you are now gainfully employed. as for pay adjust, they will adjust the lower pay employees downwards and the big fat pay employees upwards if i can remember how it works.<BR/><BR/>the logic is that increasing the lower pay employees' pay will be multiply by hundreds and thousands. but increasing someone who is making millions is only 1 time or maybe a Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-1158758201086393052006-09-20T21:16:00.000+08:002006-09-20T21:16:00.000+08:00Kinda not so busy, but not so mood. That's all.The...Kinda not so busy, but not so mood. That's all.<BR/><BR/>The workload compare to private sector is kinda... ok.<BR/><BR/>I just hope they can "correct" the treatment of we people who comes in at this age with such life experience outside civil service...<BR/><BR/>My pay is way too absurdly low... in my fair-est view, which is highly reasonable.<BR/><BR/>My application for increment has been Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-1158726584244053222006-09-20T12:29:00.000+08:002006-09-20T12:29:00.000+08:00true, true.true, true.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-1158722049452461092006-09-20T11:14:00.000+08:002006-09-20T11:14:00.000+08:00You're right. A person's worth is the highest some...You're right. A person's worth is the highest someone is willing to pay him. In the case of your hypothetical person, his worth is whatever he pays himself, if he is the owner of the business, or whatever he's got his dad or whichever relative who owns the business to pay him. It doesn't matter if no one outside the company thinks he's worth that much, unless of course the business fails and he'sAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-1158721127000742152006-09-20T10:58:00.000+08:002006-09-20T10:58:00.000+08:00hi elfred,long time no see. your civil service job...hi elfred,<BR/><BR/>long time no see. your civil service job keeping you very busy huh?Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-1158715468481732642006-09-20T09:24:00.000+08:002006-09-20T09:24:00.000+08:00hi anonymous,if a person is working in his family ...hi anonymous,<BR/><BR/>if a person is working in his family business, he can claim that he is the most able person and can pay himself any amount. only when he goes out and apply for a job then he will know whether anyone is willing to pay him what he claims he is worth. <BR/><BR/>he might not even get 10% of his self proclaimed worth. may not even be employable.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-1158710052199851942006-09-20T07:54:00.000+08:002006-09-20T07:54:00.000+08:00So what can you do about it ? The able ones will a...So what can you do about it ? The able ones will always command a premium for the skills and knowledge that they have. You can't fault them for that. Unless you're thinking of the Robin Hood method to narrow the gap, which is totally unacceptable.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-1158672564299509322006-09-19T21:29:00.000+08:002006-09-19T21:29:00.000+08:00Huh... you guys are still kicking... Hehehe... Nic...Huh... you guys are still kicking... Hehehe... Nice knowing that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-1158664047637260362006-09-19T19:07:00.000+08:002006-09-19T19:07:00.000+08:00hi speed, is that the official definition or the o...hi speed, is that the official definition or the only definition of income gap?<BR/><BR/>there is also the comparison between the lowest group against the highest income. by using huge averages, they only hide away the hideous parts.<BR/><BR/>whatever definition, the gap is obscene. and statistics used is more obscene when the top 10% group's income is about 15k a month when in reality many are Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-1158656406011293822006-09-19T17:00:00.000+08:002006-09-19T17:00:00.000+08:00The income gap is the difference in take-home pay ...The income gap is the difference in take-home pay between the lower income group and the average income of the population. <BR/><BR/>Singapore is in a very unique position. The higher income group and the middle class earn a very reasonable wage and they have a very comfortable standard of living. Unfortunately, because of the huge source of foreign workers from nearby countries who are willing Speedwinghttps://www.blogger.com/profile/01827682557075362199noreply@blogger.com