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PAP Ministers should DOUBLE their salary like SMRT's CEO

Froggy

Alfrescian (InfP) + Mod
Moderator
Generous Asset
With this report I'd say all ministers salary should DOUBLE also. Everyone say HUAT AH!


SMRT chief executive earned $2.25m last year according to latest annual report

Published on Jun 24, 2015 5:21 PM
By Christopher Tan


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SINGAPORE -SMRT CORP chief executive Desmond Kuek, 52, earned more than $2.25 million last year, according to the company's latest annual report.

The amount is double what he made when he first joined the rail operator in October 2012. For the six months to SMRT's financial year-end in March 2013, Mr Kuek made $611,000, which is equivalent to $1.22 million if annualised.

For the year ended March 2014, he made between $1.75 million and $2 million.

In its latest annual report, the Temasek Holdings-owned transport group said Mr Kuek's remuneration was between $2.25 million and $2.5 million for the last financial year.

This means Mr Kuek's compensation had doubled in less than three years, making him SMRT's highest-paid CEO. His predecessor, Ms Saw Phaik Hwa, made about $1.85 million before she left in 2012.
 

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iluvgst

Alfrescian
Loyal
Not to worry, the pap ministers are pegged to GLC CEO salaries. That is why u notice the GLC CEO salaries keep increasing annually. It's all legitimised. So don't you dare accuse them of being corrupt!
 

syed putra

Alfrescian
Loyal
the train driver get how much? this is the sort of deal that increase gini coefficient and increase chances of riots and instability.
 

winnipegjets

Alfrescian (Inf)
Asset
A true Opposition would be asking questions even when Parliament is not sitting. They will kick up a big fuss and fuel the contempt for these entitled elites.

And perhaps lead to a cancellation of the increase.
 
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mojito

Alfrescian
Loyal
It is important to pay top dollars for top management. Otherwise they become corrupt.
 
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