Shameless Towkays addicted to cheap FTs

[makapaaa]

<TABLE class=ad border=0 cellSpacing=2 cellPadding=6 width="100%"><TBODY><TR><TD align=middle><!-- Begin Forumprop advertisement --><SCRIPT language=JavaScript src="http://partner.googleadservices.com/gampad/google_service.js"></SCRIPT><SCRIPT language=JavaScript><!--GS_googleAddAdSenseService("ca-pub-2093616136278178");GS_googleEnableAllServices();//--></SCRIPT><SCRIPT src="http://pubads.g.doubleclick.net/gampad/test_gam_domain.js"></SCRIPT><SCRIPT src="http://partner.googleadservices.com/gampad/google_ads.js"></SCRIPT><SCRIPT language=JavaScript>try { var gamWebtag = webtag.toLowerCase(); } catch(err) { var gamWebtag = 'delphicomz'; var webtag = 'delphicomz'; }GA_googleAddAttr("webtag", gamWebtag);GA_googleAddAttr("parWebtag", "dp-interne");try { for (i in kwArray){ if (kwArray.length > 10){ GA_googleAddAttr("keyword", kwArray.substring(0,10)); } else { GA_googleAddAttr("keyword", kwArray); } } } catch(err) { }</SCRIPT><SCRIPT language=JavaScript> GA_googleAddAdSensePageAttr("google_page_url", "http://" + location.hostname + "/n/pfx/forum.aspx?webtag=" + webtag + "&nav=keywords");</SCRIPT><SCRIPT language=JavaScript> GA_googleAddSlot("ca-pub-2093616136278178", "DF_dp-internet_Top_ATF_468x60");</SCRIPT><SCRIPT language=JavaScript> GA_googleFetchAds();</SCRIPT><SCRIPT language=JavaScript> GA_googleFillSlot("DF_dp-internet_Top_ATF_468x60");</SCRIPT><SCRIPT src="http://pubads.g.doubleclick.net/gampad/ads?correlator=1252779292872&output=json_html&callback=GA_googleSetAdContentsBySlotForSync&impl=s&prev_afc=0&client=ca-pub-2093616136278178&slotname=DF_dp-internet_Top_ATF_468x60&page_slots=DF_dp-internet_Top_ATF_468x60&cust_params=webtag%3D3in1kopitiam%26parWebtag%3Ddp-interne&cookie=ID%3D611e7da9627fb5d9%3AT%3D1251083098%3AS%3DALNI_MYAPlFiWPH-SGYoeNU7s0_exPdjWg&cdm=forums.delphiforums.com&ga_vid=168935962.1251083106&ga_sid=1252778891&ga_hid=1750083306&ga_fc=true&url=http%3A%2F%2Fforums.delphiforums.com%2Fn%2Fpfx%2Fforum.aspx%3Fwebtag%3D3in1kopitiam%26nav%3Dkeywords&ref=http%3A%2F%2Fforums.delphiforums.com%2Fn%2Fmb%2Fmessage.asp%3Fwebtag%3D3in1kopitiam%26msg%3D20862.1&lmt=1252779292&dt=1252779292873&cc=100&url=http%3A%2F%2Fforums.delphiforums.com%2Fn%2Fpfx%2Fforum.aspx%3Fwebtag%3D3in1kopitiam%26nav%3Dkeywords&oe=windows-1252&u_tz=480&u_his=29&u_java=true&u_h=1200&u_w=1920&u_ah=1140&u_aw=1920&u_cd=32&u_nplug=0&u_nmime=0&flash=10.0.32.18"></SCRIPT><!-- BEGIN RICH-MEDIA Burst NETWORK CODE --><SCRIPT language=JavaScript>rnum=Math.round(Math.random() * 100000); ts=String.fromCharCode(60);if (window.self != window.top) { nf='' } else { nf='NF/' };document.write(ts+'script src="http://www.burstnet.com/cgi-bin/ads/ad10328o.cgi/v=2.1S/sz=468x60A/'+rnum+'/NI/'+nf+'RETURN-CODE/JS/">'+ts+'/script>');</SCRIPT><SCRIPT src="http://www.burstnet.com/cgi-bin/ads/ad10328o.cgi/v=2.1S/sz=468x60A/87919/NI/RETURN-CODE/JS/"></SCRIPT><SCRIPT src="http://www.burstnet.com/cgi-bin/ads/ad10328o.cgi/v=2.1S/sz=468x60A/71926/NI/RETURN-CODE/JS/"></SCRIPT><SCRIPT src="http://www.burstnet.com/cgi-bin/ads/ad10328o.cgi/v=2.1S/sz=468x60A/52715/NI/RETURN-CODE/JS/"></SCRIPT><NOSCRIPT></NOSCRIPT><!-- END Burst CODE -->
<SCRIPT type=text/javascript src="http://optimizedby.rmxads.com/st?ad_type=ad&ad_size=468x60&section=76047"></SCRIPT><SCRIPT type=text/javascript src="http://optimizedby.rmxads.com/imp?Z=468x60&s=76047&_salt=2898582937&B=10&r=0"></SCRIPT>

<!-- End Forumprop advertisement --> <!-- Adspace: 3in1kopitiam Sched: 0 Server: WEB112 -->

</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>kojakbt22 <NOBR>

</NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>8:01 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></TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"></TD><TD class=wintiny noWrap align=right>20862.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD>Foreign workers: How to strike that fine balance? </I></I>



</TD></TR><TR><TD><!-- headline one : end --></TD></TR><TR><TD>New restrictions on the flow of foreign workers have caused companies in the services sector to fret. Insight looks at whether they are over-reliant on foreigners and what can be done to help them.</TD></TR></TBODY></TABLE></I></I>
WHEN Mr Teo Siong Seng, chief of Singapore's top Chinese business organisation, has lunch with head honchos these days, one topic never fails to surface - foreign workers. We need more of them, argue employers, who are in a huff over recent changes to tighten the inflow of foreign workers, especially those from China.
He rattles off their complaints.
Trucking companies get jittery when their China drivers head home, as they cannot find replacements and meet delivery deadlines.
Food manufacturers cannot fulfil orders because not enough locals want to work in their factories.
'They are concerned that getting additional workers is difficult, and renewing foreign workers' permits is difficult,' says Mr Teo, president of the Singapore Chinese Chamber of Commerce and Industry and a Nominated MP.
Singapore International Chamber of Commerce (SICC) chief executive Phillip Overmyer says these same worries also trouble hotels, operators of convention facilities and retailers.
He believes the lack of foreign labour is expected to be a 'significant problem', especially when the two integrated resorts open early next year.
This will mean the calls for more foreign workers are likely to grow louder.
But the Government cannot simply give in to such business demands, Manpower Minister Gan Kim Yong had said, explaining that it needed to strike a balance between the clamour by businesses for foreign workers and the cry by locals for jobs.
It is a delicate balancing act, he told Parliament last month.




</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

 

[makapaaa]

Companies, however, insist they have tried, but failed, to attract locals.
But have Singapore companies become over-reliant on foreign workers who are viewed as cheaper alternatives to locals?
Why are they unable to find locals to fill these jobs, despite the downturn?
Can policymakers give some leeway to specified companies that cannot overcome their need for foreign workers?
How numbers are controlled
THE Government keeps a lid on foreign worker numbers in two ways: Setting a quota on how many foreigners on work permits can be hired in each sector and getting bosses to pay a levy for hiring them.
The latest changes on June 1 involve tweaking the quota.
What bosses are unhappy with is the new way of computing the number of workers allowed from 'non-traditional' sources like China.
Previously, to hire one China worker in the services sector, an employer needed to have five locals on the payroll.
Now, he must have nine workers before he can hire one China worker - at least five must be locals and the rest can be foreigners from 'traditional sources' like Malaysia.
Another change is the stricter requirements for China workers to qualify as skilled workers. They must have at least a diploma verified by the Chinese authorities, when previously there was none.
The main argument for tightening the controls, amid the global economic crisis, is that local employment will go up.
The move follows a rise in the locals' jobless rate to a five-year high of 4.8 per cent in March, which dipped to 4.6 per cent in June.
One assumption is bosses will be forced to consider Singaporeans when they cannot rely on foreign workers as an easier and cheaper alternative.
But is this sufficient to soak up more locals into the employment pool?
Some analysts believe the Government can go further to deter employers from hiring foreigners - by increasing the levy.
The monthly charge ranges from $150 per worker to $470, with employers paying a higher fee when hiring more of them or the less skilled.
Economist Choy Keen Meng feels the levy is not stiff enough.
'Employers are well able to pay the levy in a booming market,' says the Nanyang Technological University (NTU) don who is convinced this has led employers to hire them over locals.
He adds: 'This over-reliance was built up over the boom years from late-2004 when the economy was growing at 7 per cent to 9 per cent, beyond its potential rate of 4 per cent to 6 per cent.
'The Government has perhaps been a little too relaxed in terms of allowing foreign labour in, especially in the lower end of the skills scale.'
Addicted to foreign workers?
HAS this led to Singapore's over-reliance on foreign workers?
Looking at foreign worker figures, their numbers shot up by more than 40 per cent from 2004 to last year - rising at a much faster pace than local workers.
There are around one million of them, including employment pass holders, and they form about one-third of the total workforce.
But it is tough to tell whether there is over-reliance by numbers alone, as a record number of jobs were also created during those boom years, with too many jobs for locals to fill.
Employers also cry foul over
such assertions, pinning some of the blame on locals who shun jobs which foreigners are willing to take.
At Suntec Convention Centre, the job of arranging chairs and cleaning dishes falls on a team of China workers.
In fact, all 21 workers in the banqueting team that prepares rooms for functions are from China.
Similarly, the 14-man team in the stewarding department, that sets the tableware and cleans them, has eight work permit holders from China.
As with many businesses that hire foreign workers, it insists it is not over- reliant on such workers.
'We just cannot find locals for these jobs,' says its human resource director Jacqueline Goh.
'We even tried the Yellow Ribbon,' she adds, referring to the campaign to give ex-offenders a second chance.
'They, very interestingly, came back to say there are no career prospects for our kind of jobs in stewarding.'
The few that applied for the $900-a-month job left after the second day. This is why employers are increasingly turning to foreign workers, who are filling more jobs here.
Foreign workers form about 25 per cent of the nearly two million workers employed last year in the services sector, an increase from 22 per cent in 2006, according to latest official figures.
But the pool is greater in construction, where it rose from 61 per cent to 70 per cent, and manufacturing, where it climbed from 45 per cent to 51 per cent.
Most employers blame it on the inherently labour-intensive nature of their industries.
Hoteliers point to the need for personal service, from greeting guests at the front desk to tidying up the rooms and serving meals in a restaurant.
Says Mr Overmyer: 'There are devices to raise the bed, but you still need the housekeeper to pick up dirty towels and rearrange things in the room.'
Some industries, however, have reduced their reliance on foreign workers.
In recent years, the cleaning, landscaping and security industries, for instance, show that automation and job redesign with higher pay can draw locals.
Driven by the labour movement, cleaning contractors were further encouraged to automate when the 14 town councils run by the People's Action Party changed their way of awarding contracts, giving emphasis to quality instead of focusing only on price.
Their workers were trained and, with certified skills, were paid $1,000 a month - up from $750 - and given Central Provident Fund (CPF) contributions.
It helped raise the proportion of locals to foreigners from 50:50, to 60:40, says Mr Albert Teng, coordinating secretary for the 14 PAP-run town councils.

 

[makapaaa]

Picky locals, poor wages
HOWEVER, not all locals are as accepting, which is a headache for employers like apparel maker Mark Lee.
The chief executive officer of SL Global hires China seamstresses to make the prototypes of complex attires such as running jackets with many unseen pockets and cycling shorts padded with gel.
But earlier this year, he hired some local seamstresses who had been laid off.
'They left after a week, saying the apparel is more complex than what they were used to,' he says. Their monthly pay was between $1,000 and $1,200.
Another oft-cited obstacle is working hours, with few locals willing to work on weekends, night shifts and public holidays. But these are inevitable in such service sectors as hotels, retail, and food and beverage outlets.
Other deterrents are stuffy and non-air-conditioned production floors, distance from home, lack of career advancement and the perception that service jobs are menial. Even in this downturn, jobs such as waiters, housekeepers and factory packers are going a-begging.
Riverview Hotel advertised last month for 10 positions, including waiters, technicians, housekeeping staff and kitchen assistants. Their monthly pay: about $750 for kitchen assistants, $900 for waiters and housekeeping staff, and $1,200 to $1,400 for technicians.
About 90 per cent of the 300 that applied were Filipinos, 5 per cent were from India, Vietnam, Myanmar and China, and 3 to 4 per cent from Malaysia. 'Only 1 to 2 per cent were Singaporeans,' said its human resource manager Christine Chan.
In contrast, 80 per cent of the 7,800 applications Marina Bay Sands received last month were from Singaporeans eyeing the more than 1,000 dealer positions in its casino. Employers attribute it to the National Trades Union Congress (NTUC) and the Workforce Development Agency (WDA) drumming up support for the recruitment drive of the two integrated resorts (IRs).
(kojakbt: This has got nothing to do with the NTUC/WDA promos... it's got to do with $$$. Dealers are paid $1800 a month)
They also maintain they strive hard to attract locals, including advertising on job portals, taking part in job fairs, and working with the WDA, community development councils and the labour movement to train and place workers.
Economists blame lousy wages as the chief culprit for locals' lack of interest.
In the boom years of 2004 to 2007, wages as a share of Singapore's gross domestic product fell to about 42 per cent from a high of 47 per cent in 2001, suggesting there was some under-paying of wages even though profits had risen.
Last year, the wage share rose to 44.9 per cent but it is an exception as profits tend to fall faster than wages in a downturn, notes Associate Professor Hui Weng Tat of the Lee Kuan Yew School of Public Policy.
One way to force wages up is to curb the supply of foreign workers, says NTU's Associate Professor Choy.
'Let the market do the job. Higher wages will attract some locals and prompt firms to think about automation.'
Turning off the tap
BUT curbing the flow of foreign workers can lead to the loss of those trained.
More importantly, it can cause a loss of business opportunities.
Demand for Bengawan Solo's almond cookies and handmade pineapple tarts is high but the local bakery chain struggles to find locals to work as production operators in its factories for $900 a month.
Says its managing director Anastasia Liew: 'I have factory space in Malaysia which used to be rented out, but is now vacant. I may have to move out.'
When companies move overseas, there is inevitably a knock-on effect on suppliers and other related businesses - and, in turn, their Singaporean workers.
Economists, however, argue that it may be good for the economy for some businesses to leave.
Says Prof Hui: 'Then you can channel limited labour resources to higher value-added, more technologically advanced industries.'
Agreeing, Mr Overmyer notes the structural economic changes over the years and says: 'We don't assemble TVs any more. We do semiconductor wafer fabs, and now we are looking at wind machines and solar cells. We have to adjust constantly the level of support we give at the low end.'
But he argues that hotels, restaurants and retailers are in a different class. Singapore cannot ignore their needs given its ambitions to be an alluring global city. 'It's a question of whether we need so many first class, highly rated hotels and whether we need two IRs. The answer apparently is 'yes', for Singapore to thrive.'
But the surge in the service sector is significant, points out NTUC deputy secretary-general Halimah Yacob. 'There is a clear need to calibrate the policy on foreign workers, particularly in the service sector where the influx is so apparent and obvious today compared to just one or two years ago.'
But, she adds: 'In the manufacturing sector, where millions of dollars worth of investments are involved, foreign workers do fill the gaps in both numbers and skills that cannot be filled by our local workforce.'
Give special treatment
BUSINESSES hungry for manpower suggest that the Government set a more generous foreign worker quota for specified companies.
Such a targeted approach will iron out the wrinkles in the system of giving different quota entitlements to six sectors: manufacturing, services, construction, process, marine plus landscaping, agri-technology and incinerator plants.
Their proposed criteria for such special treatment would include the company's efforts in redesigning jobs to pay reasonable wages, automating their processes and recruiting locals plus back-to-work women and older workers.
But such a policy could be unwieldy to implement and potentially contentious, says Prof Hui. 'Almost every company will ask to be an exception.'
Another approach suggested by economists and businesses - and one that the Government is taking - is to be more discriminating on the supply side. Raise the skills bar continually, they urge, suggesting that qualifications, work experience and type of job be on the list of criteria for foreign workers. It would benefit employers of skilled workers in short supply but not those who rely on less-skilled workers in jobs shunned by locals.
Correspondingly, it would help achieve Singapore's long-term strategy to raise the workforce quality while allowing some businesses to grow.
On the national level, economists say Singapore needs to relook its dependence on foreign workers before the economy recovers.
It is an issue being considered by the high-level Economic Strategies Committee, which will give its key recommendations in January.
Says Prof Hui: 'Growth at any cost is not something we want.'
Likewise, NTU's Prof Choy believes it is 'good' to have a more sustainable growth rate.
'Automatically, the need for foreign workers will come down. As long as the policy is not changed, once the economy booms again, we are going to repeat all the mistakes,' he adds.
[email protected]

 

[makapaaa]

Singapore's World Records
On this small island lives the 30 best-paid politicians in the world, comments a blogger. MySingaporeNews.
Apr 3, 2009
As the economic crisis worsens and thousands are being retrenched, the huge salaries of Singapore's political leaders have come under the spotlight not only here - but overseas.
With G20 leaders gathering in London to work out solutions to the global crisis, the Times compiled a list of "the 10 best-paid politicians in the world" - naturally with Singapore's Prime Minister Lee Hsien Loong taking the top spot.
The story was picked up by The Australia, which also works out their salaries when ranked against population.
Mr Lee earns S$3.76 million (US$2.47 million) a year, excluding bonuses, allowances, pensions, etc which add on a significant bit.
This is about 54 cents per head of population. In second position was his counterpart from New Zealand at 9 cents. The rest of the world are all down there, below even the lowest-ranking minister in Singapore.
But Singaporean blogger redbean's "My Singapore News" carries a calculation from its reader, Green Peas, expanding on the UK and Australian reports.
It pointed out that the world's 30 best-paid politicians (a definition that will include ministers, elected president, etc) are all from Singapore.
Here's what the blogger says:
The TOP 30 highest paid politicians in the world are all from Singapore:
1. Elected President SR Nathan - S$3.9 million.
2. Prime Minister Lee Hsien Loong - S$3.8 million.
3. Minister Mentor Lee Kuan Yew - S$3.5 million.
4. Senior Minister Goh Chok Thong - S$3.5 million.
5. Senior Minister Prof Jayakumar - S$3.2 million.
6. DPM & Home Affairs Minister Wong Kan Seng - S$2.9 million.
7. DPM & Defence Minister Teo Chee Hean - $2.9 million
8. Foreign Affairs Minister George Yeo - S$2.8 million.
9. National Development Minister Mah Bow Tan - S$2.7 million.
10. PMO Miniser Lim Boon Heng - S$2.7 million.
11. Trade and Industry Minister Lim Hng Kiang - S$2.7 million.
12. PMO Minister Lim Swee Say - S$2.6 million.
13. Environment Minister & Muslim Affairs Minister Dr Yaccob Ibrahim - S$2.6 million.
14. Health Minister Khaw Boon Wan - S$2.6 million.
15. Finance Minister S Tharman - S$2.6 million.
16. Education Minister & 2nd Minister for Defence Dr Ng Eng Hen - S$2.6 million.
17. Community Development Youth and Sports Minister - Dr Vivian Balakrishnan - S$2.5 million.
18. Transport Minister & 2nd Minister for Foreign Affairs Raymond Lim Siang Kiat - S$2.5 million.
19. Law Minister & 2nd Minister for Home Affairs K Shanmugam - S$2.4 million.
20. Manpower Minister Gan Kim Yong - S$2.2 million.
21. PMO Minister Lim Hwee Hwa - S$2.2 million.
22. Acting ICA Minister - Lui Tuck Yew - S$2.0 million.
23 to 30 = Senior Ministers of State and Ministers of State - each getting between S$1.8 million to S$1.5 million.
Note: 1. The above pay does not include MP allowances, pensions and other sources of income such as Directorship, Chairmnship, Advisory, Consultancy, etc to Gov-linked and gov-related organisations or foreign MNCs such as Citigroup, etc.
2. Though it is based on an estimate, the data cannot be far off the official salary scales.
The above was posted in redbeanforum by Green Peas.
(London Times report: http://timesbusiness.typepad.com/mon...the-world.html)
http://mysingaporenews.blogspot.com/...icians-in.html

 

[SR Nathan]

Don'ch like that leh! Telling everybody my obscene salary hor!

Anyway, if you must blame, blame my master, Ali, the Baba.

He insists I'm worth that much.

Don'ch tell me I don'ch accept meh?

 

[Hope]

Singapore's World Records
On this small island lives the 30 best-paid politicians in the world, comments a blogger. MySingaporeNews.
Apr 3, 2009
As the economic crisis worsens and thousands are being retrenched, the huge salaries of Singapore's political leaders have come under the spotlight not only here - but overseas.
With G20 leaders gathering in London to work out solutions to the global crisis, the Times compiled a list of "the 10 best-paid politicians in the world" - naturally with Singapore's Prime Minister Lee Hsien Loong taking the top spot.
The story was picked up by The Australia, which also works out their salaries when ranked against population.
Mr Lee earns S$3.76 million (US$2.47 million) a year, excluding bonuses, allowances, pensions, etc which add on a significant bit.
This is about 54 cents per head of population. In second position was his counterpart from New Zealand at 9 cents. The rest of the world are all down there, below even the lowest-ranking minister in Singapore.
But Singaporean blogger redbean's "My Singapore News" carries a calculation from its reader, Green Peas, expanding on the UK and Australian reports.
It pointed out that the world's 30 best-paid politicians (a definition that will include ministers, elected president, etc) are all from Singapore.
Here's what the blogger says:
The TOP 30 highest paid politicians in the world are all from Singapore:
1. Elected President SR Nathan - S$3.9 million.
2. Prime Minister Lee Hsien Loong - S$3.8 million.
3. Minister Mentor Lee Kuan Yew - S$3.5 million.
4. Senior Minister Goh Chok Thong - S$3.5 million.
5. Senior Minister Prof Jayakumar - S$3.2 million.
6. DPM & Home Affairs Minister Wong Kan Seng - S$2.9 million.
7. DPM & Defence Minister Teo Chee Hean - $2.9 million
8. Foreign Affairs Minister George Yeo - S$2.8 million.
9. National Development Minister Mah Bow Tan - S$2.7 million.
10. PMO Miniser Lim Boon Heng - S$2.7 million.
11. Trade and Industry Minister Lim Hng Kiang - S$2.7 million.
12. PMO Minister Lim Swee Say - S$2.6 million.
13. Environment Minister & Muslim Affairs Minister Dr Yaccob Ibrahim - S$2.6 million.
14. Health Minister Khaw Boon Wan - S$2.6 million.
15. Finance Minister S Tharman - S$2.6 million.
16. Education Minister & 2nd Minister for Defence Dr Ng Eng Hen - S$2.6 million.
17. Community Development Youth and Sports Minister - Dr Vivian Balakrishnan - S$2.5 million.
18. Transport Minister & 2nd Minister for Foreign Affairs Raymond Lim Siang Kiat - S$2.5 million.
19. Law Minister & 2nd Minister for Home Affairs K Shanmugam - S$2.4 million.
20. Manpower Minister Gan Kim Yong - S$2.2 million.
21. PMO Minister Lim Hwee Hwa - S$2.2 million.
22. Acting ICA Minister - Lui Tuck Yew - S$2.0 million.
23 to 30 = Senior Ministers of State and Ministers of State - each getting between S$1.8 million to S$1.5 million.
Note: 1. The above pay does not include MP allowances, pensions and other sources of income such as Directorship, Chairmnship, Advisory, Consultancy, etc to Gov-linked and gov-related organisations or foreign MNCs such as Citigroup, etc.
2. Though it is based on an estimate, the data cannot be far off the official salary scales.
The above was posted in redbeanforum by Green Peas.
(London Times report: http://timesbusiness.typepad.com/mon...the-world.html)
http://mysingaporenews.blogspot.com/...icians-in.html

PAP wants to build a world calass economy with low,4th world salary for its citizens.

Fuck PAP

 

[myo539]

Agreed that while the economy is not doing well, the ministers shouldn't be getting high salary and performance bonuses. Since the pay and bonuses are supposed to peg to the commercial sectors, like Ford Motors or SIA or Temasek, they shouldn't be getting so much when the company is not doing well. It will simply bleed the company to death.

However, one must agee that the salary is very transparent and overboard - that's all the official salary they get (minus their own investment or interest earned from the bank). We don't like a case of a Chen Siu Bian or a Marcos or a Suharto where they earn so much less on official salary, but so much more under the table.

On the same note, if you think the ministers salary is too high for the job they do, then on the same token the ordinary people salary should also be proportionately reduced. Would you like your pay for an ordinary production worker to be $400 like those in Malaysia, or $300 for a school teacher in Indonesia?

Now that we know how much the ministers are getting, would someone be kind enough to calculate how much the 30 best paid politicians in the world listed above should be reasonably be getting - vis-a-vis the ordinary office or factory workers?

 

[myo539]

Since Singaporeans are only interested being towkays, supervisors and managers, the government should open the gate wider and let in more Filipinos, Indonesia, Chinese, Indians and FTs from all over the world to work in Singapore. Afterall the government wants Singapore to become cosmopolitan country with people from near and far.

 

[besotted]

I said this for years already

Why even bother when I can get hardworking loyal good-attitude Pinoys, PRCs and Burmese

Locals are too Westernised and too soft, even NS go range sit in aircon bus

 

[makapaaa]

Agreed that while the economy is not doing well, the ministers shouldn't be getting high salary and performance bonuses. Since the pay and bonuses are supposed to peg to the commercial sectors, like Ford Motors or SIA or Temasek, they shouldn't be getting so much when the company is not doing well. It will simply bleed the company to death.

However, one must agee that the salary is very transparent and overboard - that's all the official salary they get (minus their own investment or interest earned from the bank). We don't like a case of a Chen Siu Bian or a Marcos or a Suharto where they earn so much less on official salary, but so much more under the table.

On the same note, if you think the ministers salary is too high for the job they do, then on the same token the ordinary people salary should also be proportionately reduced. Would you like your pay for an ordinary production worker to be $400 like those in Malaysia, or $300 for a school teacher in Indonesia?

Now that we know how much the ministers are getting, would someone be kind enough to calculate how much the 30 best paid politicians in the world listed above should be reasonably be getting - vis-a-vis the ordinary office or factory workers?

Only running dogs/bitches have the gall to justify LEEGALIZED CORRUPTION! Are u one?

 

[Watchman]

We can be a slave driver economy !

 

[SamuelStalin]

We can be a slave driver economy !

Very good idea. Just like the old days.

 

[SamuelStalin]

I said this for years already

Why even bother when I can get hardworking loyal good-attitude Pinoys, PRCs and Burmese

Locals are too Westernised and too soft, even NS go range sit in aircon bus

Agree. The foreigners are better at these small jobs. Locals are too-
Don't know what to say about them.

 

[TeeKee]

Locals are too Westernised and too soft, even NS go range sit in aircon bus

boh lah, you just too cheapskate and expect sinkies to work for 12 hours every day.....

they also got life one you know..everyday work, eat and sleep...where got meaning?

how can you expect sinkies to take up your offer?