Are Singapore Governments Overpaid?

• Georgetan884

  6 Oct 09, 16:19

  This is an extraction from the following website that show what kind of pay Singapore ministers were getting. Do you feel Singapore's ministers were overpaid?
  
  Annual salaries of heads of government:
  
  1. Singapore Prime Minister US$1,100,000 (S$1,958,000) a year
  
  2. United States of America President: US$200,000
  
  3. United Kingdom Prime Minister: US$170,556
  
  4. Australia Prime Minister: US$137,060
  
  Annual salaries of heads of government:
  
  1. Singapore Minister: US$819,124
  
  2. UK Minister: US$146,299
  
  3. US Cabinet Secretary: US$157,000
  
  (Source: Asian Wall Street Journal 10 Jul 2000)

  
  
• TTT203

  6 Oct 09, 19:53

  The figures have said it. Looks like the US President really has to live his life many times over just to earn as much as a local minister.. say they work for the same duration.  

• I-like-flings(m)

  6 Oct 09, 19:56

  if they are not.. then i dunno what is overpaid already...

• Gedanken

  6 Oct 09, 20:16

  Hey, you really want some fun?  Work out the figures per capita.  It's gobstopping how fat Singapore's masters have gotten on the backs of working men.

• Atobe

  7 Oct 09, 19:27

   

   

  The US President is paid an annual salary of US$400,000 from which daily expenses for family life in the White House are deducted from – except for State Functions. (*1) 

  The US President will preside over a US Economy that has the nominal Gross Domestic Product estimated at US$14.4 Trillion in 2008 (*2) 

    The salary of Singapore’s PM is approximately US$2.2 Million a year (*3) and he manages a Singapore economy with a Gross Domestic Product of US$235.6 Billion - where 60 per cent of the GDP is from State Owned and Controlled firms. (*4) 

  It is utterly pathetic that the elitist talent of the Singapore PM - paid an annual salary of US$2.2 Million has little room to move, and is totally dependent on the performance of the US President earning a salary of US$400,000 per year.