Pay Rise For Government Leaders - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Pay Rise For Government Leaders

Reply
 
Thread Tools
  #1 (permalink)  
Old 14-12-2007, 05:27 PM
Salary.sg
Guest
 
Posts: n/a
Default Pay Rise For Government Leaders

The government has announced the planned 2nd round of pay increase for Administrative Service officers (see this too), and political, judicial and statutory appointment holders.

The increase will take effect from Jan 1, 2008.

New Monthly Pay

- The President will receive $119,520 per month, up from $104,840 currently (14% increase).
- The Prime Minister will receive $115,920 per month, up from $101,680 currently (also 14% increase).
- Ministers and senior permanent secretaries at MR4 grade will receive $59,760 per month, up from $52,420 currently (also 14% increase).
- Administrative officers at SR9 superscale grade will receive $18,240 per month, up from $17,530 currently (4% increase).
- Members of Parliament (who may also run businesses and hold other full-time jobs) will receive an allowance of $13,710 per month, up from the current $13,200 (3.9% increase).

New Annual Pay

If bonuses are included, the annual pay can be more than 12 times that of the monthly pay. These are the announced new annual pay:

- President - $3,870,000 (21.43% up from the current $3,187,100)
- Prime Minister - $3,760,000 (21.64% up from the current $3,091,200)
- Ministers/Snr Perm Sects - $1,940,000 (21.74% up from the current $1,593,500)
- AOs at SR9 grade - $398,000 (3.65% up from the current $384,000)
- Member of Parliaments - $225,000 (4.02% up from the current $216,300)

The government will make further pay adjustments next year (2008).

http://www.salary.sg/2007/pay-rise-f...nment-leaders/

Reply With Quote
  #2 (permalink)  
Old 15-12-2007, 12:17 AM
spotted---
Guest
 
Posts: n/a
Default 651

Spotted in Dec 14 Straits Times:
"... if your minister can go and head an MNC, then paying well makes sense from a purely retention point of view."
- Mr Mark Ellwood, MD of Robert Walters Singapore.

Reply With Quote
  #3 (permalink)  
Old 17-12-2007, 03:09 PM
Masindi---
Guest
 
Posts: n/a
Default 661

Is a GLC equivalent to an MNC?

Reply With Quote
  #4 (permalink)  
Old 17-12-2007, 09:57 PM
admin---
Guest
 
Posts: n/a
Default 662

Masindi, GLC is short for government-linked company, while MNC means multi-national corporation. To answer your question, no, GLC is not equivalent to MNC. But I can think of one GLC that can arguably qualify to be also called an MNC - Singtel.
Reply With Quote
  #5 (permalink)  
Old 19-12-2007, 11:56 PM
yawn---
Guest
 
Posts: n/a
Default 672

An excellent and very thorough analysis on the benchmarks:
http://www.yawningbread.org/arch_2007/yax-726.htm
Reply With Quote
  #6 (permalink)  
Old 23-12-2007, 01:09 AM
yawn---
Guest
 
Posts: n/a
Default 681

Quoted from http://www.yawningbread.org/arch_2007/yax-824.htm :
"351 people earn S$228 million. That's an average of S$650,000 each. Meanwhile, 64,000 people earn S$4.7 billion minus S$228 million. That's an average of S$70,000 each, about a tenth of the average for the top 351 people."
Reply With Quote

  #7 (permalink)  
Old 11-09-2008, 06:25 PM
dragee--
Guest
 
Posts: n/a
Default 2642

to yawn:

so what do u expect?

total income earned in the country divided by the country's population?

the world is not equal but it is fair in the sense of the ministers earning that much.
Reply With Quote
  #8 (permalink)  
Old 25-11-2008, 03:44 PM
axe--
Guest
 
Posts: n/a
Default 3432

president annual salary divided by his monthly pay -12 = he getting 20 months of bonus?!!!! WTF man
Reply With Quote
  #9 (permalink)  
Old 25-11-2008, 04:03 PM
sugar--
Guest
 
Posts: n/a
Default 3433

every ribbon he cuts, he gets 100K. every race he flags off, he gets another 200k
Reply With Quote
  #10 (permalink)  
Old 08-02-2009, 06:25 PM
faz--
Guest
 
Posts: n/a
Default 4037

im so jealous . i wonder if they cn just give me 1K .. haha
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Pay rise in high-growth sectors Salary.sg Income and Jobs 3 04-11-2008 07:23 PM
Property Prices Continue To Rise Salary.sg Investments and Net Worth 5 06-04-2008 02:20 AM

» 30 Recent Threads
Standard Chartered International... ( 1 2 3... Last Page)
68 Replies, 77,991 Views
Compare civil service salary ( 1 2 3... Last Page)
12,928 Replies, 7,649,367 Views
Lawyer Salary ( 1 2 3... Last Page)
14,844 Replies, 5,039,497 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
192 Replies, 50,667 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
285 Replies, 117,190 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
3,942 Replies, 1,508,328 Views
UOB Management Associate Program ( 1 2 3... Last Page)
545 Replies, 308,457 Views
SIA AO grades ( 1 2 3)
20 Replies, 12,344 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,311 Replies, 2,668,658 Views
ST Electronics ( 1 2 3... Last Page)
2,405 Replies, 642,149 Views
Civil Service Bonus 2021 Year End
5 Replies, 1,203 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,215 Replies, 1,530,989 Views
GovTech ( 1 2 3... Last Page)
709 Replies, 381,079 Views
Top Primary Schools 2009
1 Replies, 4,319 Views
NTU (non-faculty) ( 1 2 3... Last Page)
119 Replies, 133,149 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
598 Replies, 476,061 Views
Year end bonus for civil service ( 1 2 3... Last Page)
339 Replies, 70,330 Views
DBS tech seed programme ( 1 2 3... Last Page)
1,256 Replies, 315,537 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,049 Replies, 774,361 Views
Career as Teacher ( 1 2 3... Last Page)
4,171 Replies, 2,677,474 Views
IMDA (under MCI) ( 1 2 3... Last Page)
211 Replies, 80,625 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
2,807 Replies, 2,161,409 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
659 Replies, 332,949 Views
Engineer Pay ( 1 2 3... Last Page)
352 Replies, 161,184 Views
ST Engineering Land Systems ( 1 2)
19 Replies, 1,822 Views
Work culture in CPF board ( 1 2 3... Last Page)
30 Replies, 45,022 Views
DBS Wealth Manager Fresh Grad...
2 Replies, 307 Views
If you can't find a company here... ( 1 2 3)
28 Replies, 4,169 Views
PSA Undergraduate Scholarship...
7 Replies, 317 Views
Fresh Grad Account Strategist -...
0 Replies, 139 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:55 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2