Have you ever heard of Make-up Pay for Ministers?
Have you ever heard of Make-Up Pay for Ministers before today (10 January 2012)? There was an article in the Straits Times, which mentioned the make-up pay for Ministers. Essentially, the Prime Minister has the discretion to pay new Ministers 90% of the difference between his previous private sector pay and the Ministerial pay....
Ministerial pay cut: Singaporeans cannot be fooled
"A million dollars for a minister seems a lot when compared with the salary of a worker. But $34 million for all the ministers and political office-holders is a tiny drop compared with the increase in GDP that a good government can produce." This was how Mr Goh Chok Tong defended the ministerial salaries in 2000. Two factors...
Does CEO Saw Phaik Hwa have time for SMRT?
SMRT CEO Saw Phaik Hwa is certainly a busy person these days. A quick check on the latest annual report of SMRT reveals that she has already had her hands full running SMRT alone. In the SMRT group alone, she holds directorships on multiple companies inside the group: * SMRT Corporation Ltd (President & CEO) * SMRT Trains...
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