Category Archives: MINISTERS’ PAY

‘Pow chiak’ National Bonus should have clawback provision

Ministers pay themselves 2 layers of bonuses: Performance and National Bonus. Likewise for Temasek senior management who are paid cash bonus and ‘Wealth Added Bonus’ (introduced shortly after Ho Ching joined the company). Post Covid-19 will see record unemployment, retrenchments … Continue reading

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Ministers’ pay cut: Reduce salary, no bonuses

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