'PAP’s Edward Chia: Wage increases without corresponding skills puts workers at a higher risk
The PAP MP said that otherwise it would burden businesses and put jobs at risk and increase costs for consumers without adding value, which he called “a slippery slope towards lower competitiveness”'
Reading the above comments reminds me of the raising of ministerial salaries. How was minister's salary raised? Was there an exercise to measure new skills required or acquired or value add?
Anyone can remember how they raised minister's salary? What was the methodology used and what criteria were used? Any mentioned of skills or value add?
My old fading memory said none of the above. They did not talk about raising skills or value add. All they did was to take the salaries of the top 10% or 15% income earnings and pegged them accordingly. Tiok boh?
It was like since these top earners earned to much, the ministers must earn so much. What skills to talk about, no need to attend any skills upgrading courses. Suddenly become experts in everything. The skills just come naturally with the title/position.
And no need to bother if salary increase would be sustainable or increase cost. No slippery slope towards lower competitiveness. No competition to talk about.
And oh, wage increases without corresponding skills would not put them at a higher risk
What do you think? Where to find this kind of jobs? And all becomes more than mediocres.
Kong chin ho, thia chin song. (in Hokien)
9 comments:
So fast after the General Election, with their 5-year term secured, PAP raise Medishield premiums, raising GST, suppress salaries. When will Sinkies ever learn, especially the 61.24% ?
//..corresponding skills would not put them at a higher risk
What do you think? Where to find this kind of jobs? And all becomes more than mediocres.//
Actually these minionsters skills r called the Art of Blood Sucking, some hv mastered this skill so well that it become their second nature or habit & even to the extend of calling themselves natural alicetocracy, some mastered the Art of Roti Prata upgraded to changing goal posts, some mastered the Art of Abang Adik to the extend of taking care of their ownself & own kakis exclusively, some worse mastered the Art of Hypocrates meaning tell people that they did something good for you all but in reality its actually bad etc...
They needed more than $1m to maintain their lifestyle but do not think it is necessary to have a minimum wage for workers, not eve $1,300pm.
The issue of minimum wage is actually a non-issue for a self-boasting 1st World country that is also the most expensive city in the world. Plus ministers and top civil servants drawing the World's highest salaries.
Also, this minimum wage issue, which is long overdued, reflects the type of Mr Scrooge's and Mr Scounder's miserly and scoundrous mentality of those who paid themselves by the $millions (from taxpayers' money) to become instant multi-millionaires within the first two years.
The scrooges and scounders have run out of reasons to delay it.
As such, the matter has now been arrowed to Newbies who are too eager to display their own miserly nature and unscrupulous behavior in public, in order to carry their Pappymaster's balls for selfish interests.
May God have mercy upon us!
Since the can of worms has been opened, let me ask the clever Edward Chia a few questions:
1. Why when Goh Chok Tong proposed the raising of the ministers' and civil servants' salaries 28 years ago, he never ensure that all the ministers and civil servants raised their skills to commensurate with the various levels of salaries. Why it was purely and entirely based on the assessment of their individual superior officer?
2. What about promotions? Must promotions, which also lead to raising salaries, be based on raising skills or still based on superior's recommendations, which is based on performance?
3. What about annual bonuses? Must bonuses be based on performance or based on raising skills.
4. How to measure the skills so that one can peg the correct amount of salary to be raised?
5. Will all the PAP MPs raise their skills before they become ministers or ministers of state?
India CECA News:
Indian foodtech unicorn Zomato has ceased operation of its premium service in Indonesia, the company announced on Twitter.
With the winding up of its Zomato Pro service, premium users can no longer enjoy the benefit of exclusive offers from restaurants, cafes, and bars. However, they will be able to access the free Zomato search on its app.
"Zomato pro is available till Nov. 30, 2020 or your membership's expiration date, whichever is earlier. After this date, you can use Zomato to search and discover your favorite restaurants to dine out," the company said in response to a query on Twitter on Wednesday.
The company's website in the archipelago states that "Zomato Pro is currently not available in Jakarta".
And, it's not Indonesia alone. The Indian startup has reportedly put up the shutters for its premium subscribers in the Philippines' market as well. According to a report by Rappler, the company made the announcement on its email to its premium users.
The move comes at a time when the food industry has been hit hard by the pandemic. In India for instance, both Zomato and its rival Swiggy are staring at a severe business and revenue loss over the past few months as people continue to remain skeptical about eating out as the coronavirus fear looms large.
In Jakarta, which is undergoing the second phase of social distancing measures since the virus struck, almost all restaurants and eateries have been forced to close their dine-in services.
According to the National Restaurant Association around 100,000 bars and restaurants have closed, with 15% of them winding up permanently.
For its premium subscription, Zomato Indonesia has already started offering refunds, which it says will be processed within 15 to 30 working days.
"You will receive your membership funds back as stated in the email/application via the account (debit/credit) that you used to buy membership gold/pro," reads an announcement on Twitter.
Interestingly, the development comes a month after Zomato raised $62 million from Singapore state investment arm Temasek Holdings at a valuation of $3.25 billion.
The company is also in preliminary talks to raise a fresh tranche of funding from venture capital fund Mirae Asset-Naver Asia Growth Fund as DealStreetAsia had reported earlier.
In May, Zomato announced that it will let go of 13% of its staff, affecting close to 520 employees. To curtail losses, the company has even started grocery delivery services across India.
It is very easy to cheat money from Singaporeans. No one cares a shit when it is OPM.
Or is it something more than meets the eyes with people willing to be cheated?
In the world of the cunning, things cannot be as straight forward as presented for public consumption by the culprit person himself or organisation itself.
Things always "accidentally" go in a roundabout meanderingly long route so that whatever that have to be concealed, and remain secrets, will remain concealed and only known to just two or three persons.
A crafty and greedy businessman who joins force with a cunning and greedy conflict-arising woman, together they can do anything under the sun that no ordinary beings will be able to fathom, no matter how hard they try.
When big money is concerned, losses can also mean profits and profits can also mean losses. Those figures that are recorded in the books are meant for the books. Those that are not recorded in the books are meant for the mind. The mind of the shrewd and sharp, not the mind of the daft and dull.
FT Shobha Krishnaswamy flees to Singapore to add to the tiny city state's overcrowded conditions, and declares his heart is not in his new home
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