- Joined
- Jul 24, 2008
- Messages
- 33,627
- Points
- 0
<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>
Coffeeshop Chit Chat - How to determine SG Minsters Pay</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>commoner2009 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>Sep-19 10:33 pm </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 6) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>21327.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD>How Gov should determine the salary of Ministers
</TD></TR><TR><TD><!-- headline one : end --></TD></TR><TR><TD><!-- show image if available --></TD></TR></TBODY></TABLE>
<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->A minister's equivalent market price is first determined by looking at the recent paycheck of Minsters of countries nearby.
Adjustments are then made to account for factors like population sizes, experience and other attributes. The salary reflects the minister's value at the point of appointement and is what people are willing to pay on the open market for such a person.
The Minister's pay then pegged at a significant discount, which is the subsidy for providing a service to the people. The Minister's pay is thus pegged based on market price instead of cost as what the Minister's deemed fit.
A market-based pricing approach ensures that the citizens enjoy similar discounts to the market and would be fair to those who wants to Minister's in the future to serve tha nation.
It is not tenable for the Ministers to pegged their salary according to the highest 6% of the professionals of the nation, which only rises regardless of the economic situation of the nation.
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
</TD></TR><TR><TD><!-- headline one : end --></TD></TR><TR><TD><!-- show image if available --></TD></TR></TBODY></TABLE>
<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->A minister's equivalent market price is first determined by looking at the recent paycheck of Minsters of countries nearby.
Adjustments are then made to account for factors like population sizes, experience and other attributes. The salary reflects the minister's value at the point of appointement and is what people are willing to pay on the open market for such a person.
The Minister's pay then pegged at a significant discount, which is the subsidy for providing a service to the people. The Minister's pay is thus pegged based on market price instead of cost as what the Minister's deemed fit.
A market-based pricing approach ensures that the citizens enjoy similar discounts to the market and would be fair to those who wants to Minister's in the future to serve tha nation.
It is not tenable for the Ministers to pegged their salary according to the highest 6% of the professionals of the nation, which only rises regardless of the economic situation of the nation.
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>