How much bonus will ministers be getting end of year ?

[Avantas]

What a wayang, with or without revision, their bonuses alone will be more than some of our annual incomes !

With inflation hitting an all-time high of 6.7%, stock prices in free fall, stagnant or decreasing salaries and an economy entering into recession if not already in one, most sensible governments would have frozen their salaries or take a pay cut to rein in on their expenditure.

Not so in Singapore where cabinet ministers are hungrily awaiting for the next expected pay “adjustment” scheduled for the end of 2008.

Where such insensitive measures taken during tough times would have triggered a people revolt in Hong Kong, Taiwan or Thailand, Singapore’s government are fortunate to have its ever faithful media to cushion the expected negative impact.

Read this atrocious spin by CNA:

“The Public Service Division (PSD) says it will need some time to study the private sector data and salary trends before coming to a decision on whether the Civil Service will see a year-end salary revision for 2008.”



Why did CNA conveniently leave out the fact that cabinet ministers will see the biggest jump in their salaries under this “revision” ? No matter what “revisions” they do, the truth is - pay rise is in store for these civil servants.

Watch video here:

http://wayangparty.wordpress.com/2008/10/24/spinning-their-way-to-another-hike-in-ministers-pay/

 

[myjohnson]

Oh fuck it, just let them help themselves to the kitty. This country is doomed in the long run. They may as well spare us the prolonged agony. Long Live PAP!

 

[theblackhole]

I vomitted blood when I heard the news. How much bonus this year??? Oh dear, I liaosia once again...shit....have been laosiaing for the past one week....now damned sick liao. The ST is below 1700 this morning and we're all talking about how much the bonus!!! Just open the piggy and take everything lah.No difference to peasants like us. Fated to die a hideous death.Fated to be enslaved.Fated to live in hell. KNN!!!

 

[po2wq]

1st country in ze world 2 b in recession ... world no 1 ... wat do u tink? ...

 

[Leongsam]

Why did CNA conveniently leave out the fact that cabinet ministers will see the biggest jump in their salaries under this “revision” ? No matter what

What many seem to forget is the fact that while other countries are mired in a sea of red ink, our ministers have conjured up a GOLDEN PERIOD for Singapore.

For that, they should be richly rewarded.

 

[Avantas]

Just read this:

“SENIOR civil servants can expect their annual pay package to shrink next year, because a significant portion of it is tied to how well the economy is doing.”

While their annual pay package inclusive of bonuses will shrink in comparison to last year, the ministers and civil servants will still be getting bonuses albeit less together with a pay rise when many Singaporeans are facing the prospect of a pay freeze or cut

Why did CNA and The Straits Times conveniently leave out the fact that cabinet ministers will see the biggest jump in their salaries under this “revision” ? No matter what “revisions” they do, the truth is - pay rise is in store for these civil servants.

Even if the bonuses are scaled down due to slower GDP growth which contributes only 20% of the bonuses, the ministers can still receive a substantial pay rise by ordinary standards. Their bonuses alone are more than the annual incomes of many

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