My Singapore News on MPs' allowance: The most lucrative part time job #sgelections

Anyone looking for a part time job will be resigned to the fact that it comes with no job security and a paltry allowance. But this is not true in the uniquely Singapore context. The part time job of a Member of Parliament comes not only with job security for 4 years, could be a life time, and with a handsome allowance which many CEOs may not even smell. This part time job offers an allowance of more than S$13k per month, with a 13th month bonus, with a productivity bonus or maybe 3 to 4 mths and with a GDP bonus that is 8 months for this year. All in all the total bonus could be something like 12 to 15 mths. Not bad really, for a part time job. And the perks of being appointed as directors or chairman of public listed companies and public companies….Really bee tang. The next best job is a full time job that some may reckon as a vacation in a palace. But this is not true a...

Full article: http://mysingaporenews.blogspot.com/2011/03/most-lucrativ...

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