I do
agree running a country is not like running any MNC (where at the
end of the day is mainly profit and loss.
Anyone may be named as elite, however, it's will
required the general public to recogonise with respect that one can
be called an elite. MM lee is an elite, do you agree. ( I will show
both hand). Others..............(I reserved)
Innovative idea may not be practical at the end of
the day. I had seen and experienced myself. Having some creative
young unexperienced high flyers headhunted from non related field
...come with out of the box thinkings. Leaded his own group of
paratroopers later to manage. As a experienced exec, my duties can
only be advising to improve the company's performances..however
given a deaf ear not saying. I lefted after seeing enough of this
group of so-called "elite" when restructure and so called down
sizing (man / no salary) was initiated again. I am not a unionist
non their rep had even proposed to HR that a pay cut of 10% from
management to lower workers is workable, but was throwed out cause
no one wanted to take cut especially "elite". I understand that the
revenue had been droping since I lefted from somewhat 20M to next
year ~10M (projection).
For any kind of pay system, I believed that there
should be a guide. Even our government had wanted to reduce the
salary gap, but was anyone carrying and executing it orderly. Can
be very subjective.
To do that, I believed that there must be a range that the lowest
earner and the highest earner. Maybe 10 times the most including
wages, variable bonuses, other packages. (unless this is your own
company with your own investments and risks).
For an example:
An outstanding clerical officer of $1,000 per month, variable bonus
of 6 months (very unlikely) included and max increment of 10%. May
ended with $12000 + $6000 + 100 at the end of the year. ($18,100
per year)
A kind chief of the company of $10,000 per month (unlikely- maybe
too low), variable also 6 months (give himself) included and max
incre 10% (same). May ended with $120,000 + $60,000 + $1000
(181,000 per year).
This is a perfect sample. What happened if the clerical officer got
only 2 months and 3% incre. The gap will be forever widening.
If the company is growing, it may be right to pay off well, but in
the case of company no performing, in most case the lower staffs
who may be loyal will be likely to be axed first. Would you call
that performance of an "elite". No for me.
I had always believed to lead by example and together we go thru
the thick and thin of life as a whole. Only by doing this, one may
gained respect of most but maybe scolded by a handful. Where your
stand will be recorded in the history.
On figures, I had seen adjustment before when I was working. I had
even been instructed to adjust figures to make things looked good
for presentation to the top. By adjusting the way or method of
formulating a figures may look good for the management. However, it
will never change the real condition of the actual financial status
of any companies.
Managing an HDB will only required an Estate Manager, Welfare -
Welfare / Social Officers / Volunteers. You can define the number
of roles required and the type of vocation for it. (Add them up to
see the figures considered it's multi-tasked), etc.
I don't wanted to decide on "elite" or not and realistically
paided..It will the consideration and revision exercise for the
remaining singapore singaporeans to decide.