No alternative to raising productivity, says Tharman

last SG · 2012-04-16T20:49:33+00:00

There are always alternatives. PAP cannot find alternatives then Singaporeans should get rid of PAP and let others do the job.There are always alternatives....

Bikeforceful SG

Actually the worse contributors to this very very bad situation of the wide gap are the so called bloody salary survey consultants and HR salary so called experts! From the middle executive level for almost a decade and a half these glcs and multinationals have been benchmarking their salaries up to the CEO level on global basis. Realistically every country is different – the tax structure and social policies of different countries are also different . Our economy as well as our employment vulnerability and job risk are all different. But our CEOs and also politicians started comparing what ” they thought they deserve” in accordance to what other CEOs get in UK or America etc. Now we know better that these Americans, especially the top bankers there , have been over paying themselves! Just look at Citigroup – there is currently a hue and cry over the CEO’s salary package! So what if a CEO who is a performer and very very happy with his job which is paying 10% or 15% lower than the global benchmark? If the guy is happy and think it is a fair deal why the need to pay the monetary pound of flesh to the very last ounce? Intrinsic satisfaction on the job was not even considered! Greed was and is rampant ! Directors on the Board who were all too eager to recommend that the GM or CEO’s salary be reviewed , hopeful that in so doing the Directors remuneration will also be reviewed.. All kinds of scratching each other’s back to get the most out of the company. DID accurate productivity measure even come into the picture in many of these case? A CEO appointed into office of a decade old reputable conglomerate with great strength and sparkling performance- all the work of that new expensive CEO of two years?

charlize SG

All these surveys should be taken with a pinch of salt.

People in all the industries surveyed always look at the survey figures and wonder, eh, how come my salary is lower than the average.

Rarely hear of people saying their salary is above the average.

Makes you wonder.

charlize SG

No productivity, no pay hike.

Unless you are elite.

speakoutfor SG

As I said, wanna raise productivity, go for nuclear power !

Watchmansg1 SG

What is higher productivity in Singapore ?

Pay less for more for the employers .

How about the consumers ?

Do we get more value for less price ?

So we should continue to deny . And make them rethink of their model .

Stop patronising everything that will contribute to the taxation and coffers of the goverment .Until government will have no means but to derive their taxation from cars and properties . Lets push this two to sky high . Starve them of taxation .

Watchmansg1 SG

Now ask us to raise productivity .

After using the Underage sex scandal to distract us , giving away $4Billion to IMF .

Just because we first world Status . But who gives them right to make such decision ?

The rich in Singapore , the Elites, the ruling class or your children ?

The inflation in Singapore is caused by fast growth and outflowing of our currency .

And not the lack of cheap foreign workers . Cheap foreign workers support industries we can deny .

It's they who are re-adjusting that is causing all the inflation.

charlize SG

We need to be cheaper better and faster.

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