The Kent Ridge Common, 9 Apr 2009, Lester Lim
“Everything in moderation,” counseled Aristotle.
Much discussion has occurred recently regarding the revelation of the pay-scales of several religious and charity figureheads. Particularly, topping the pay-scale is the $500,000 annual salary paid to an undisclosed individual of the New Creation Church. Venerable Ming Yi, the former head of the Ren Ci charity organization, draws home a relatively meager salary of $16,000 a month, a fact disclosed during the processes of his recent trial.
Indeed, the familiar ring of “pegging income” to the highest earning CEOs or executives comes sounding again. Detractors argue that there is nothing really wrong in paying these religious/charity figureheads a 6 figure annual salary, given the amount of extensive contributions they make to the organization. Without these individuals, they contend, the organization in question may potentially profit only a smidgen of what they do now. Furthermore, within the broader context of the multi-million net worth of these organizations, what these individuals ultimately take home may only be less than 1 percent of its total worth.
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