Of Now what? and GDP Bonus

Scenario:

Big boss of a company, say CEO, approves a big pay hike for all key members that run the company, then one day later.. he says he will freeze his pay by donating his increments and reviews to charity..

why why why?

CNA:
Prime Minister Lee Hsien Loong says he will hold his own salary at the present level for five years and will donate any increases in his salary during that period...


..The Prime Minister said that to make clear why he is doing this, and to give him the moral standing to defend this policy to Singaporeans, he will hold his own salary at its present level for five years. -Channelnewsasia

Moral standing yeah? So is the "great"leader agreeing now that his colleagues are too highly paid and thus it is immoral to accept such a hike?

What kind of message does this send? I will pay my key members more, but in order for me to defend this decision, i will donate my increment and review payments to charity

Clap. Clap. Clap.

If u can imagine, this is a typical turn-off, unenthusiastic way of clapping at someone..


Anyway, if you don't already know, there's the GDP Bonus too..
if economy does well of say 5-10% GDP growth, ministers get this GDP Bonus.. and the rate? 5-8 months of their pay!!!

so if economy do well, but hospital beds not enough(ministry of health), dengue outbreak still here and there(ministry of environment), unemployment rate is relatively high(ministry of manpower), indonesia/malaysia/thailand still have stormy relationship with us(ministry of foreign affairs)..

as long as the economy does well..

ministers heading the above ministries will still get their GDP bonus of 5-8 months!

Good grief









Who wants to be a Minister? Better than millionaire know..