British PM take pay cut to help jobless

[makapaaa]

<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>

Coffeeshop Chit Chat - British PM take pay cut to help jobless </TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>BART (cfkm) <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>11:33 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 2) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>20347.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>While Spore PM increase his pay to the highest in the world to help the poor Sporean. Which method will work?
http://www.businesstimes.com.sg/sub/storyprintfriendly/0,4582,348775,00.html?
British PM says would take pay cut to help jobless
LONDON - British Prime Minister Gordon Brown said on Thursday he would be willing to take a pay cut to help unemployed people hit by the global slowdown, insisting: 'I'm not in this job for the money.'
Mr Brown made the pledge after being put on the spot by a young jobless man on the eve of a G20 finance ministers' meeting in London aimed at charting the next steps out of the crisis.
Twenty-one-year-old Fabian Facey asked if Mr Brown would accept a pay cut along with other politicians and business leaders if the money was used to help jobless people.
'I'd be prepared to take a pay cut,' Mr Brown - who earns 194,250 pounds (US$317,560) a year - told BBC radio.
'I am not worried about pay myself. If there was an agreement that we could all do it, I'd be very much wanting to be part of that. But I'm not in this job for the money.'
Mr Brown will join fellow Group of 20 (G20) leaders at a summit in the US city of Pittsburgh later this month to agree what to do next to foster recovery from the global downturn.
G20 finance ministers are due to meet in London on Friday and Saturday, aiming to pave the way for agreement at the Pittsburgh summit, notably on the vexed issue of bankers' pay and bonuses. -- AFP
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[jimmyfallon]

The PAP will follow our esteem British counterpart and take a pay cut as well. ........


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HAHAHAHAHA You sinkies are so gullible...

 

[CPTMiller]

i thought mm lky team already take a pay cut all this years. if not they will be pay more.

 

[halsey02]

i thought mm lky team already take a pay cut all this years. if not they will be pay more.

They will upturn the downturn... all SINGAPOREANS WILL TAKE A 40% PAYCUT to help the minister to help them.

 

[diversifyx2]

Pay cut will never happen here especially in our parliarment.

 

[hairylee]

We need to pay our Ministers more instead so that they can help the poor.

 

[R4g3]

help jobless why need pay cut? Increase GST ma! aiyoh...no brain, no wonder their salary is only 10-15% of our leaders.

 

[ILaidLeiaB4Solo]

our ministars' response can be found at this website:

www.tan-ku-ku.com

 

[KuanTi01]

Despite being a much bigger country in terms of size, population, mentality, the British has no such thing or need for a MM SM BDSM! wtf! Asking them to take a pay cut is as good as asking them to cut their flesh. Wait long long!

 

[Char_Azn]

Pay cut will never happen here especially in our parliarment.

Actually CPTMiller is right

Up to 19% pay cut for top civil servants; lower year-end bonus
By Pearl Forss, Channel NewsAsia | Posted: 24 November 2008 1802 hrs

SINGAPORE: Ministers and top civil servants will get a pay cut of up to 19 per cent next year. The Civil Service is also reducing the year-end bonus payment for this year.

Top civil servants and ministers were supposed to get a pay rise in January next year to bring their salaries in line with private sector pay.

It was to be the third adjustment to bring public sector pay to 88 per cent of the private sector benchmark, a move announced in April 2007.

The benchmark is set at two-thirds of the median pay of the top eight earners in each of the six sectors: multinational corporations, lawyers, bankers, accountants, local manufacturers and engineers.

In April 2007 and January this year, the salaries of top civil servants and ministers were revised to keep pace with soaring private sector salaries. But the Public Service Division said the 2009 salary revision for this group has now been deferred, in view of the clouded economic outlook.

In fact, the annual salary for top civil servants and ministers will fall next year to levels below April 2007, because close to 25 per cent of their annual salary comprises variable payments linked to the GDP growth of Singapore and their salary will fall as long as the economy remains weak.

In 2009, the Prime Minister and President will see their annual salaries cut by 19 per cent. Ministers and Senior Permanent Secretaries will see an 18 per cent fall. The allowance for Members of Parliament will be cut by 16 per cent.

Commenting on the pay cut, Mr Teo Chee Hean, Minister in charge of the Civil Service, said: "Public sector salaries follow the market up and down. The mechanism we introduced last year to link a significant proportion of the salary of senior civil servants to the performance of the economy is working as intended. This mechanism allows salaries to respond more rapidly to market conditions."

The Public Service Division also said the Prime Minister has and will continue to donate all increases in his own salary after the April 2007 revisions, to good causes for five years.

Next year, the Prime Minister will actually see his salary fall to pre-revision levels.

As for civil servants such as teachers and police officers, they are getting a total of two months' bonus payment this year, plus S$100 to S$300 paid out in July. This comprises the 13th month payment or Annual Wage Supplement and a one-month Annual Variable Component or AVC. The year-end AVC has been reduced to 0.5 month.

Last year, the total bonus payment was three months plus S$220, including a half-month Growth Bonus which was paid for the exceptional economic performance in 2007.


- CNA/ir

http://www.channelnewsasia.com/stories/singaporelocalnews/view/391904/1/.html

 

[singveld]

We need to pay our Ministers more instead so that they can help the poor.

this is so true, the rate of property price in singapore lately. we really need to pay our ministers more.
if not they will all immigrate out singapore, then singapore reserve will be gone, harry lee claim.

 

[SamuelStalin]

Well Sporn fucks can try to suggest to their leaders and boss for a pay cut.

Grow some balls dudes.

 

[UpYoz_olo]

<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>

Coffeeshop Chit Chat - British PM take pay cut to help jobless </TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>BART (cfkm) <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>11:33 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 2) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>20347.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>While Spore PM increase his pay to the highest in the world to help the poor Sporean. Which method will work?
http://www.businesstimes.com.sg/sub/storyprintfriendly/0,4582,348775,00.html?
British PM says would take pay cut to help jobless
LONDON - British Prime Minister Gordon Brown said on Thursday he would be willing to take a pay cut to help unemployed people hit by the global slowdown, insisting: 'I'm not in this job for the money.'
Mr Brown made the pledge after being put on the spot by a young jobless man on the eve of a G20 finance ministers' meeting in London aimed at charting the next steps out of the crisis.
Twenty-one-year-old Fabian Facey asked if Mr Brown would accept a pay cut along with other politicians and business leaders if the money was used to help jobless people.
'I'd be prepared to take a pay cut,' Mr Brown - who earns 194,250 pounds (US$317,560) a year - told BBC radio.
'I am not worried about pay myself. If there was an agreement that we could all do it, I'd be very much wanting to be part of that. But I'm not in this job for the money.'
Mr Brown will join fellow Group of 20 (G20) leaders at a summit in the US city of Pittsburgh later this month to agree what to do next to foster recovery from the global downturn.
G20 finance ministers are due to meet in London on Friday and Saturday, aiming to pave the way for agreement at the Pittsburgh summit, notably on the vexed issue of bankers' pay and bonuses. -- AFP
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Perhaps Mr Brown should concentrate on his website (mrbrown.com) than doing part-time in Britian. No wonder zi country is in such a sorry state

Even a hare-brain knows cutting minister's pay will not save much less create jobs! Pay should go to people who can create jobs - pure and simple. Now, if you use this yardstick and measure all PAP ministers, what will you likely find????

:oIo::oIo::oIo: