Friday, December 2, 2011

SDP Recommendation on Ministerial Salaray

The SDP recommendation papers is fair and well written. Even with the SDP recommendation, our PM and President are still the highest paid leaders in the WORLD. The fact of the matter is that they have paid themselves EXCESSIVELY. The fix component amounts to 16 months. The variable components can be more than 20 mths. This is ridiculous they are paying themselves 3 years salary in a year !

Then 8 months bonus tie to GDP! Ministers can get up to 14 performance bonus from PM, which criteria for assessment is secret! Is it fair that leaders determine their own salary and bonus ? I would call it 'open corruption'. Just because they legalized it does not make it ethical.

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