We are pleased to share insights from our Co-Chairman Tan Chong Huat in his article for The Business Times, in which he examines the debate over ministerial remuneration and the use of private-sector earnings as a benchmark.

Competitive pay may help attract capable individuals to public office, but remuneration alone cannot guarantee sound judgement, accountability or effective leadership. Market comparisons may also encourage political leaders to be evaluated like corporate executives, with greater emphasis on short-term results.

The article considers whether this approach adequately reflects the long-term responsibilities of stewarding Singapore’s institutions and national resources. Beyond the amount paid, the underlying methodology must be transparent, publicly understood and aligned with the demands of political service.

Read the full article in The Business Times here.