I, being a scaredy-cat, am not adding any comments online to the fiery debate about pegs and salaries and such stuff. There are many who have spoken, written and blogged, some rather bravely and eloquently, about whatever can be said about it, so let's just leave it to them.
I just want to say that I was struck by the staggering amount earned by those 48 top earners. You can do various permutations with these top people, e.g. include the ministers and everyone else between them and the top 48 (since the ST says that 'even after revision, leaders' annual salary is nowhere near what the top earner in private sector got last year'), or add the top few earners of maybe another 2-3 professions (e.g. doctors, since they are not included in the current peg), etc, and the figure will still be staggering. Then, you factor in what they earn from investing their millions (I doubt they just save their money in a regular POSB account)... wah... can die...
And this is just from the persective of an average person. I'm not even thinking of it from the low-wage or no-wage points of view...
Oh, by the way, all these figures make for interesting math or stats exam questions, don't they?
I just want to say that I was struck by the staggering amount earned by those 48 top earners. You can do various permutations with these top people, e.g. include the ministers and everyone else between them and the top 48 (since the ST says that 'even after revision, leaders' annual salary is nowhere near what the top earner in private sector got last year'), or add the top few earners of maybe another 2-3 professions (e.g. doctors, since they are not included in the current peg), etc, and the figure will still be staggering. Then, you factor in what they earn from investing their millions (I doubt they just save their money in a regular POSB account)... wah... can die...
And this is just from the persective of an average person. I'm not even thinking of it from the low-wage or no-wage points of view...
Oh, by the way, all these figures make for interesting math or stats exam questions, don't they?
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