Looks like there's a general consensus not to over-report this while the ministerial pay review is being pushed through our august House of Parliament.
'Foreign talent policy had effect on income gap'
Inflow hurt wage growth for some, says expert panel
By Melissa Tan
Government policies to boost the number of foreigners working here may have indirectly contributed to greater income inequality, a panel of experts said on Monday.
The wages of those on the bottom rung have tended to stagnate or even fall in real terms, even as the nation enjoyed boom times, they noted.
Mr Manu Bhaskaran, an adjunct senior research fellow at the Institute of Policy Studies, who chaired the panel, said globalisation and technological change had also led to greater income disparity.
RELATED LINKS
UNEVEN REAL INCOME GROWTH
INCREASING COMPETITION
He added that 'domestic policies have unintentionally contributed (to inequality) especially as we intensify efforts to appeal to the global elite and attract top talent to Singapore'.
'Foreign talent policy had effect on income gap'
Inflow hurt wage growth for some, says expert panel
By Melissa Tan
Government policies to boost the number of foreigners working here may have indirectly contributed to greater income inequality, a panel of experts said on Monday.
The wages of those on the bottom rung have tended to stagnate or even fall in real terms, even as the nation enjoyed boom times, they noted.
Mr Manu Bhaskaran, an adjunct senior research fellow at the Institute of Policy Studies, who chaired the panel, said globalisation and technological change had also led to greater income disparity.
RELATED LINKS
UNEVEN REAL INCOME GROWTH
INCREASING COMPETITION
He added that 'domestic policies have unintentionally contributed (to inequality) especially as we intensify efforts to appeal to the global elite and attract top talent to Singapore'.
