Today online new state that top civil servants even ministers going to have up to 19% pay cut. It wasn't still today that I know that their part of their salaries are tagged to economic performance.
Their bonus also lower to 2 months at most. But at least the pay cut is only affecting ministers and top civil servants, else all the middle to lower civil servants will be very affected, hopefully I did not misread.
I think their approach is reassuring. At least, they took the initiative to show Singaporean that they are in it as a country. I might not know how much it impact their lifestyle, which I doubt, but overall they are being active in tiding Singapore recession. Let praise them.......
Tuesday, November 25, 2008
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