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Serious PAP Edwin Tong Now Less Respected! Took 75% Pay Cut To Serve Sinkies! Now Even John Tan Makes More Money Than Him! Ptui!!
- Thread starter JohnTan
- Start date
my friend says he earns in excess of $3million as eye specialist leh ... a cockeye specialist
Emeritus senile minisder goh tong tong using brainwashing technique to manipulate
and persuade the dumb dumb to accept the fact that pay of scums are not high at all ,
in fact , it is very low.
we heard it many times before and now we hear it again.
is this the prelude to the coming pay increase of top scums ?
emeritus senile is using the old trick :
Repeating an opinion often enough ,
no matter How Stupid It Is the dumbs will believed it
emeritus senile goh tong tong is obviously biased and
the fallacy of his thinking is to equates a person abilty and capabilty
to how much he makes.
if that's the case , then peter lim and host of others who
making millions yearly would all qualify to be a ministar.
edwin tong was able to make 2 millions a year because he was doing
a specific job in a specialised field. , not becasue he possess great ablilty
and high IQ.
and persuade the dumb dumb to accept the fact that pay of scums are not high at all ,
in fact , it is very low.
we heard it many times before and now we hear it again.
is this the prelude to the coming pay increase of top scums ?
emeritus senile is using the old trick :
Repeating an opinion often enough ,
no matter How Stupid It Is the dumbs will believed it
emeritus senile goh tong tong is obviously biased and
the fallacy of his thinking is to equates a person abilty and capabilty
to how much he makes.
if that's the case , then peter lim and host of others who
making millions yearly would all qualify to be a ministar.
edwin tong was able to make 2 millions a year because he was doing
a specific job in a specialised field. , not becasue he possess great ablilty
and high IQ.
Even if we take these numbers at face value, that is not really a valid comparison as there are stark differences that need to be taken into account:
- The $2million is likely total package, i.e. it consists of likely only $500-$700k in basic salaries with remaining bulk of the $1+ million in some sort of variable profit sharing scheme which partners in law firms generally are entitled to.
- The variable component is not fixed and to a large extent depends on individual billing KPI, how well the firm is doing and a host of other factors. In contrast MOS $500k is relatively stable and not subject to vagaries of the market.
- Law firms have terrible working hours and I suspect significantly higher than MOS.
- MOS is a senior political appointment and probably comes with a lot of extra perks and benefits that are not available to a commercial lawyer.
- In terms of intangibles such as prestige and social standing, MOS stands far better than a commercial lawyer.
- On a longer term basis, having a minister stint in your CV opens up many lucrative doors post retirement in the form of directorships in companies, advisory positions in various public/NGO/charity/quasi government organizations and of course the sometimes opaque appointments in government-related committees. A retired senior lawyer might get some of these as well, but there's no way it's going to match what an ex-minister can get.
- There are no shortage of examples of senior lawyers taking substantial pay cut to join corporations as in-house legal counsels or advisers - the reason they do this is mainly job stability, less stress, no need to hit constant revenue KPIs and more reasonable working hours. I've never heard anyone trumpet such cases as acts of self-sacrifice for altruistic reasons. So I don't see why this is such a big deal for Edwin.
I'm very sure a law firm partner would take some sort of pay cut by taking up a junior minister job, but the actual gap when viewed in totality is much smaller than what is implied by ESM Goh.
- The $2million is likely total package, i.e. it consists of likely only $500-$700k in basic salaries with remaining bulk of the $1+ million in some sort of variable profit sharing scheme which partners in law firms generally are entitled to.
- The variable component is not fixed and to a large extent depends on individual billing KPI, how well the firm is doing and a host of other factors. In contrast MOS $500k is relatively stable and not subject to vagaries of the market.
- Law firms have terrible working hours and I suspect significantly higher than MOS.
- MOS is a senior political appointment and probably comes with a lot of extra perks and benefits that are not available to a commercial lawyer.
- In terms of intangibles such as prestige and social standing, MOS stands far better than a commercial lawyer.
- On a longer term basis, having a minister stint in your CV opens up many lucrative doors post retirement in the form of directorships in companies, advisory positions in various public/NGO/charity/quasi government organizations and of course the sometimes opaque appointments in government-related committees. A retired senior lawyer might get some of these as well, but there's no way it's going to match what an ex-minister can get.
- There are no shortage of examples of senior lawyers taking substantial pay cut to join corporations as in-house legal counsels or advisers - the reason they do this is mainly job stability, less stress, no need to hit constant revenue KPIs and more reasonable working hours. I've never heard anyone trumpet such cases as acts of self-sacrifice for altruistic reasons. So I don't see why this is such a big deal for Edwin.
I'm very sure a law firm partner would take some sort of pay cut by taking up a junior minister job, but the actual gap when viewed in totality is much smaller than what is implied by ESM Goh.
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I agree.
In Toronto, there are a few senior lawyers (who probably earned $1 million or more as a partner in a big law firm), but for some reason (may be to serve the community, may be be less stress, may be to avoid the excessive working hours, the billable hours) who decided to be a judge of the Ontario Superior Court of Justice.
I believe that if an individual desires to earn a lot of money, then he or she should be in the profit making sector (business, big corporation, big professional firm, a financial institution), but not be a politician or civil servant.
KNN this also means when you choose a engineering field have to choose the correct ones as not all engineers has this route to take. e.g a IT engineer would never get to sign off something big as the platforms were already built long ago by the professional engineers. Who can invent another new platform in this era ? means is stupid to be a Comp science grad KNN
You mean to say you actually believe his talkcock and bullshit? He is well known as a cannon fairy, No verification no proof! Why mention only Edwin Tong? What about the rest? Does he mean to say they are also all high-flyers earning millions before they even join the disco party.Who knows whether the rest are too mediocre and don't earn so much before they become politicians? Remember, they are only required to declare their assets to the PM. It's a closely guarded secret. So secret that he can quote any figures freely and with impunity! I recalled the last time he also used a lawyer Davinder Singh SC as the poster boy to shore up his argument on ministers' pay and their huge sacrifices in entering politics. So end up always Pay and Pay! This type of money talk very worrying indeed! I worry. You worry.
It's quite hard to support your in-laws and your own parents on a salary that is barely half a million dollars a year. I know. I tried and it was a struggle just to support them on a monthly income of $20k when I was much poorer years ago. I wonder how sinkies support a family on a monthly income of $2000 a month?
Maybe Edwin Tong should apply to his nearest RC for financial assistance.
An IT "engineer" is not a professional qualification.
My annual income crossed the $500k line a few years ago. I am no longer very very mediocre. I have also started to secretly despise any PAP MPs and minister who make less money than I do. I openly despise all WP MPs since I know for certain they barely make $200k a year on their MP allowances, especially if they are full time MPs.
Happy National Day to everyone here
Except ginfreely & JohnTan
Except ginfreely & JohnTan
Remember to make a will and give all your money & assets to all the PAP MPs that you admired so much. When the day you die. You will die a happy & satisfied person
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Howlian Tan, how come with your huge earning ability and your unsurpassed leadership qualities, Woody Goh or Pinky did not invite you for their tea sessions. Should earmark you for at least a Senior Parliamentary Secretary position. You are so self-sacrificing and patriotic. Please keechiu to be selected.
Why would I want to join politics, even with the PAP?
I make more money in the private sector and as a grassroots CCC leader. I am paid even more as an SME towkay than the president of the United States.
While the PAP government offers an attractive salary comparative to other countries' political salaries, it still demands that all political figures take a hefty pay cut in order to serve the country. I don't see the purpose in doing so besides encouraging politicians to be corrupt.
Tos MIW look at their Salaries as basic pay, there are other income not accounted.
you mean they aren't on "clean wage" system?
If he takes the pay of a lawyer or doctor, of course they are taking a paycut.
But what if u take some clown like Lim Shit Say? How much do u reckon this clown can earn in the public sector?
But what if u take some clown like Lim Shit Say? How much do u reckon this clown can earn in the public sector?
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