Friday, April 20, 2007

"I can't believe it !
I am looking after 301 million citizens.
You are earning 3 times more than me."
discussion on ministers' pay

a group of us - teachers and former students - still communicate on a regular basis via email. appended below is the contribution of one of my ex-students on the topic of ministers' pay:

can i add on to the key rationale why we need to pay our leaders well?

we are a nation without resources and people is our key resource and we need to further enhance ourselves in ensuring we attract and possibly retain the top people to do the job with a clear perspective of strategically what we want; need to know how to build from what we have. those that can't deliver will be knocked off. it is not about how much pay they get but how effective and competent they are.

if you ask the top business people , none will be keen (to be ministers) and even those who hold top jobs in mnc. it is a neccessary evil if you like in this pragmatic world.

i am fortunate to say that in my last 28 years of business and travelling to more than 50 countries, hundreds of cities, at this point of time we are one up politically, economically and socially. the bottomline of any effective government is economy and we need to get it right.

culturally, sports, arts, technologically and etc... we still way behind but we have the reputation to leverage on our strength and build on it.

my opinion on gst is that it is the best system; those who earn more spend more pay more and ours is still low, better to reduce corporate and personal taxes.

don't get me wrong, i am not pap member, just a singaporean.
cheers.

No comments: