News
HR & EDUCATION | Staff Reporter, Singapore
view(s)

Government rejects 9% pay hike for its ministers

However, they’re still one of the world’s most highly paid officials.

Bloomberg reports that the government has rejected the recommended 9% salary increase for its ministers, according to Deputy Prime Minister Teo Chee Hean. 

After the last review, Prime Minister Lee Hsien Loong’s annual income plunged 36% to $2.2m. New ministers now make about $1.1m, down from $1.58m before 2011.

However, Singapore’s ministers are amongst the world’s highest paid officials as cabinet members in the U.S. typically earn $210,700 which is about a quarter of what city-state ministers get.

Here’s more from Bloomberg:
 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.