Is it possible to pay top dollar and get monkeys?
Conventional wisdom says that if you pay peanuts you get monkeys, and the more executives are paid, the better they perform. Not so, according to many studies. The most comprehensive study so far was undertaken by corporate-governance research firm MSCI which summarises its findings this way: “Has CEO pay reflected long-term...
Salaries: Is the Straits Times worth the paper it is printed on?
I refer to the ‘Insight’ article “Helping low-wage workers: What more can be done? ” (Sunday Times (2 full pages), Jun 24). It states that “Cleaner Sucila Rajoo, whose basic monthly salary was $600 when she started work 18 years ago, now earns $1,300, plus an incentive of $100 a month for good attendance and performance....
Former Ambassador-at Large Bidadari now a mind reader
Malaysian PM Mahathir will likely seek to renegotiate the terms of our water agreement, according to a Bloomberg interview. This has invited a FB response from former Singapore diplomat, Bidadari Kausikan. Strangely, the response is anything but diplomatic and it appears that Bidadari is out to stir trouble by posting his...
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