Monday, April 12, 2010

PAY PACKAGES TO DIE FOR

Just read in the Straits Times yesterday that KEPPEL Corporation CEO received a whopping $11.5m in pay for 2009. The figures may pale in comparison with the remuneration of the world's top chief executives, but RM26.36m a year or RM2.2m a month is not a sum to scoff at.

Rewards and remuneration are extremely generous for top executives in Singapore who deliver results.

So guess who is the world's most highly-paid politician? Barack Obama? Try again. Gordon Brown? Not even close. Click here for the answer.

Conventional wisdom says that if you pay peanuts, you'll attract either monkeys, or pea-brained people. This applies to both the corporate and the public sectors.

And for the record, here's how our PM's salary compares with his counterparts in other countries.

Source: The Star (Click to enlage)

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