DPM Teo : Don't compare S’pore ministerial pay with other countries

DPM Teo says it is more appropriate to peg ministerial salaries based on local factors. Check out the comments.

In a country where so many citizens work full time jobs and cannot make ends meet, something has to be wrong when you need to pay the ministers the highest salaries in the world. You cannot understand the underlying problems unless you understand why this is so. "He also explained that the option of benchmarking local ministers’ pay to that of foreign leaders was rejected because salaries at foreign countries may not correlate to Singapore’s situation, and that it was more appropriate to peg ministerial salaries based on local factors." - Yahoo! News[ Link ] After the salary review, Singapore ministers are still paid the highest salaries in the world. Teo Chee Hean tried to explain this: "But Teo, who is also Coordinating Minister for National Security and Minister for Home Affairs, explained that salaries of foreign office-holders look smaller but exclude such perks or be...

Full article: http://singaporemind.blogspot.com/2012/01/dpm-teo-dont-co...