Thursday, December 15, 2011

Salary Competition


TODAY news state the pay rise for Australia PM make their leader earn higher than America's Obama. Surprisingly, the new salaries of world's most advanced two countries leaders still far below than their counterpart from Singapore. Perhaps the reason behind huge gap must be other remuneration package allowed to those leaders. The news added some pecks would be cut from politicians after new salaries is effected. I believe that government staffs salaries is much related to how they corrupt in any given countries. The least corruption countries have happy staffs who earn a good salaries and they don't need to expect for any bribe. Like a good salary they are given, the stretcher law is already there to prostitute any offenders. No wonder, such countries are always leading in the list of good governing ranks.

Let me share a real story shared by MM Lee in his book. He was once accused at the parliament for taking high salary by his opposition party leader. The accuser highlighted how high his salary is compare to regional leaders. That time, republic's leader's salary is S$29,000 a month while Malaysia PM receive S$ 10,000 but he take only S$9,000. Opposition leader added that Philippine president was only S$1,000 a month and Indonesia's president was about S$2,500. Also he highlight that Singapore's population was far less than Indonesia which has 250 millions that time. It's quite interesting to read how MM Lee respond to opposition leader's question.

He admit he's getting highest salary amid regional counterparts. However, he explained that he is taking no other pecks or remuneration by government. He stayed at his home as well as drive his own car. His salary come lump sum basic. Likewise, all ministers also got the same way. He let all minister levels staffs decide themselves on how they want to spend their wages. Moreover, he said how other PM enjoy their remuneration package over their salaries. They include, travel allowance, cars, houses, medical insurance for himself and their family members, their child education, etc. He added, how Malaysia PM is given an official house, motorcar with driver, even a good chef for his kitchen. He also pointed that Malaysia PM are given a land plot to build their own house after they got retired. Likewise, Indonesia president would be given state house after they step down. Those all beneficial are not given to republic PM. Thus, MM Lee asked his accuser to take all benefits into account and make comparison.

We should take lesson from such cases when we approach to review our government staff's salary to match with sky rocket commodities prices. Otherwise, the corruption will never be combat due to system wrong. Singapore is 4th least corruption country in the world while their cabinet ministers and PM earn probably world's highest salaries. Lets glance some world's leading country's head salaries by Singapore Dollars. The salary is meant for annual one.

US President Obama : S$ 517,656
Australia PM Julia Gillard : S$ 622,000
Singapore PM Lee : S$ 4,000,000
Myanmar President Thein Sein : S$ 98,360
Cambodia PM : S$ 12,000


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