Tuesday, April 10, 2007

Of No increase really..

If you have friends or relatives that are in the civil service and you are about to go congratulate them for their pay rise.. stop.

To be exact, try not to mention it even

While the media reports and the way Mr Teo C H has structed his sentences.. i believe that you are not wrong to think that all civil servants just had a pay increment of about 5-8%..

that would generally mean that if someone is earning 1000 in the civil service monthly now, that person would be drawing 1050 next month..

correct?

Wrong, Wrong, WRONG

what he/she gets is a once-off payment that depend on performance(this is of course, subjective). So this "pay rise" is in fact a once-off payout in order for this people to have their salaries close the gap on the industry..

some people might just go on and on about how such bonus would be greater than a small amount of monthly increase.. what these people do not see is that the monthly salary is used for calculates of mid-year and end-year bonuses.. that would be the difference.. not to mention the calculation for loans, credit card application etc..

basically, if this once-off payment is so great, then why are our ministers getting a real pay rise increase instead of this once-off payment?


By our wise old man's word.. Denmark, Finland and Switzerland can afford a medicore government, we can't..

What a price to pay

After the revision, our top 4 men in Singapore(President, MM, SM, PM) will earn a combined 12.38 million singapore dollars..

divided over 4 men.. thats like $33,917 per day..








The rich get richer, the poor.. who cares?

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