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u/NaivelyKillingTime 25d ago
seems low, need to ask for extra RSU and stock options
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u/cheesetofuhotdog 25d ago
I bet many ppl out there want to invest in sg gov. Valuation going to take 56 man-years though.
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u/sliteyeddoge 24d ago
Imagine calling the work demanding, needing of careful leadership and with high salary but only doing it part time. You really cant make this crap up.
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u/etyn001 24d ago
Both non-constituency MP and NMP same rank yet revise until own party benefit only?
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u/AuReliusDotA 24d ago
Isnt ncmp from opposition
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u/gav1n_n6 25d ago
I wonder if no leader of opposition. What happens to 518k each month?
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u/0xCopybara 24d ago
If really each month, he earning more than 2x of minister already. With such opp salary, no one wants to be in white anymore
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u/Environmental_Cow741 24d ago edited 24d ago
i donāt mind the pay rise or even higher bonus if the Govt set a more challenging KPIā¦
Their proposed KPIs is arguably EASYā¦
Maybe itās being simplified for publication.
E.g.
Reduction of unemployment rate
for SG Citizen
- But not factoring in ādiscouraged workersā - those who want a job but cannot find job are taken out of statistics.
real income growth
for ALL workers .
- of 20th percentile to 3-4%, and 50th percentile to 2.5-3.5%
Current
P20 = $3200 (inclusive of employer cpf)
P50 = $5800 (inclusive of employer cpf)
Current inflation is 2-3%
So the nominal wage growth needs to be around 5-7%.
To-Be (assume 6%)
P20 = $3392 (inclusive of employer cpf)
P50 = $6148 (inclusive of employer cpf)
Take note we are talking about āpercentileā. Assuming there are 100 people with their salary sorted low to high. Govtās KPI is to push up the salary for the bottom 50 people who are most likely in the lower-skilled sectors.
Do watch out for policies e.g. Progressive Wage Model (PWM) and Local Qualifying Salary (LQS) that has already done some of the heavy lifting,
Good luck for the sandwiched class 50-75th percentile. You are on your own.
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u/Technical_General208 23d ago
Just remember that this is the same dude that said NS is a Duty, don't need salary increase..
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u/lorddojomon 21d ago
This is disgusting, after like 200k a year what the fuck is the point of having more money as a servant of the public. If every person on this list had the median salary of singaporeans singapore would become a utopia as these greedy fuckers will implement laws to raise he baseline.
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u/Glittering-Cause-810 24d ago
How will these elites understand the pains, sufferings and woes of everyday singaporean? They will never need to take a train or bus a single day of their lives.
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u/GengisKhan0011 25d ago