The self-rewarding government’s White Paper, “Salaries for a Capable and Committed Government”, has always been a joke at Singaporeans’ expense.
This is because PAP ministers’ were subsequently paid only less obscenely under the new pay formula.
In the private sector – salaries of ministers are pegged to the private sector – the pay package is tied to a CEO’s performance. As for our ministers, they continue to receive bonuses despite massive screw ups.
The most obvious case is none other than the MOT minister whose incompetent ministry has greatly inconvenienced commuters and caused tens of million$ in economic losses – for about 1 decade.
Despite this, Minister Khaw will still be entitled to his “National Bonus” which is much more than what average Singaporean workers receive. Khaw will also receive an additional “Performance Bonus”. Pay formula of ministers:
While the NB is based on a set of verifiable indicators, “Performance Bonus” (PB) isn’t. If commuters have the final say on Khaw’s performance, then his PB would be kosong. But this obviously isn’t happening.
PAP’s non transparency leaves lots of room for Khaw to be rewarded for his “efforts”, never mind screwing up.
Khaw may be even rewarded for his sacrifice, ie volunteered to be in the hottest minister seat.
According to the White Paper (pg 32), a “typical” minister’s salary includes 7 months’ bonus, excluding the 13-month pay.
Image source: yawningbread
Since 2011, nobody knows exactly how much ministers have been paid and it does not help when WP MPs have not followed up on this issue in Parliament.
The new ministerial pay formula allows for up to 6 months’ in PB. Since PAP ministers could pay themselves 19 months’ bonuses in 2008, will the new formula not be abused to offset salary ‘losses’ after the 2011 reduction?
The new formula also provides for a situation where “no AVC, Performance Bonus and National Bonus are paid”. This, of course, is never going to happen as suggesting PAP ministers are inadequate is like … PAP slapping its own face.
Since PAP ties its pay to its performance, similar to the private sector, a non-performing minister (CEO) should be given the boot. No private sector CEO receives a guaranteed 13-month annual salary for screwing up.
PAP ministers continue to earn a “typical” 7-months’ bonus every year and are still grossly overpaid, only less obscenely than before.
2 years ago, PAP MP Edwin Tong had suggested a review of the framework for political salaries. Isn’t it about time the typical 7 months’/maximum 13-months’ bonus go, along with non-performing ministers like Khaw? 🙂
Should not surprise anyone why ministers have continued to ‘earn’ obscene salaries after you look at the salary review committee members. 😦